Insider Buying: Amy Lane Just Spent US$138k On FedEx Corporation (NYSE:FDX) Shares

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Potential FedEx Corporation (NYSE:FDX) shareholders may wish to note that insider Amy Lane recently bought US$138k worth of stock, paying US$228 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 768%, potentially signalling some real optimism.

See our latest analysis for FedEx

FedEx Insider Transactions Over The Last Year

In fact, the recent purchase by Amy Lane was the biggest purchase of FedEx shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$224). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. The only individual insider to buy over the last year was Amy Lane.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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NYSE:FDX Insider Trading Volume July 2nd 2022

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does FedEx Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. FedEx insiders own about US$4.5b worth of shares (which is 7.8% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About FedEx Insiders?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest FedEx insiders are well aligned, and quite possibly think the share price is too low. Nice! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - FedEx has 2 warning signs we think you should be aware of.

Of course FedEx may not be the best stock to buy. So you may wish to see this free collection of high quality companies.