CFO Dietrich Reports a Really Interesting FDX Purchase

Today's standout insider transaction comes from John W. Dietrich, Executive Vice President and Chief Financial Officer of FedEx Corporation $FDX.

Dietrich revealed a purchase of 1,000 FDX shares, equivalent to $273,980.

CFOs’ insider purchases are especially meaningful for investors because of their deep financial knowledge. Their expressions of confidence in the underlying business are particularly notable for this reason alone.

And FDX has been carving out a multi-year base:

If and when it breaks above 320, the bias will switch higher.

Here’s The Hot Corner, with data from January 8, 2025:

In another Form 4 filing, former Executive Chairman James W. Ayers acquired 2,000 shares of FB Financial Corporation $FBK.