RXO (RXO) News Today

$20.58
-0.55 (-2.60%)
(As of 05/17/2024 ET)
RXO (NYSE:RXO) Receives New Coverage from Analysts at Raymond James
Massachusetts Financial Services Co. MA Sells 204,900 Shares of RXO, Inc. (NYSE:RXO)
Massachusetts Financial Services Co. MA reduced its stake in RXO, Inc. (NYSE:RXO - Free Report) by 10.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,760,264 shares of the company's stock after selli
38,160 Shares in RXO, Inc. (NYSE:RXO) Bought by EFG Asset Management North America Corp.
EFG Asset Management North America Corp. purchased a new stake in RXO, Inc. (NYSE:RXO - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 38,160 shares of the company's stock, valued
RXO (NYSE:RXO) Coverage Initiated at Raymond James
Raymond James started coverage on RXO in a research note on Wednesday. They set a "market perform" rating for the company.
Insider Buying: RXO, Inc. (NYSE:RXO) Major Shareholder Acquires 105,065 Shares of Stock
RXO, Inc. (NYSE:RXO - Get Free Report) major shareholder Mfn Partners, Lp purchased 105,065 shares of the company's stock in a transaction dated Thursday, May 2nd. The stock was acquired at an average price of $20.07 per share, with a total value of $2,108,654.55. Following the completion of the transaction, the insider now owns 17,280,434 shares of the company's stock, valued at approximately $346,818,310.38. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
Stephens Reaffirms "Equal Weight" Rating for RXO (NYSE:RXO)
Stephens reissued an "equal weight" rating and set a $22.00 price objective on shares of RXO in a research report on Monday.
RXO (NYSE:RXO) Announces Quarterly Earnings Results
RXO (NYSE:RXO - Get Free Report) announced its earnings results on Thursday. The company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.01. RXO had a net margin of 0.10% and a return on equity of 6.11%. The business had revenue of $913.00 million for the quarter, compared to the consensus estimate of $929.50 million. During the same period last year, the firm posted $0.11 earnings per share. RXO's quarterly revenue was down 9.6% on a year-over-year basis.
TD Cowen Boosts RXO (NYSE:RXO) Price Target to $20.00
TD Cowen boosted their price target on shares of RXO from $19.00 to $20.00 and gave the company a "hold" rating in a research note on Friday.
Q1 2024 RXO Inc Earnings Call
RXO, Inc. (NYSE:RXO) Major Shareholder Purchases $1,944,000.00 in Stock
RXO, Inc. (NYSE:RXO - Get Free Report) major shareholder Mfn Partners, Lp bought 100,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 24th. The shares were purchased at an average cost of $19.44 per share, with a total value of $1,944,000.00. Following the transaction, the insider now directly owns 17,075,369 shares of the company's stock, valued at $331,945,173.36. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.
RXO, Inc. (NYSE:RXO) Major Shareholder Mfn Partners, Lp Acquires 11,449 Shares
RXO, Inc. (NYSE:RXO - Get Free Report) major shareholder Mfn Partners, Lp purchased 11,449 shares of RXO stock in a transaction dated Monday, April 22nd. The stock was acquired at an average price of $19.48 per share, for a total transaction of $223,026.52. Following the completion of the transaction, the insider now owns 16,886,818 shares in the company, valued at approximately $328,955,214.64. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Louisiana State Employees Retirement System Acquires Shares of 58,500 RXO, Inc. (NYSE:RXO)
Louisiana State Employees Retirement System acquired a new stake in RXO, Inc. (NYSE:RXO - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 58,500 shares of the company's stock, valued at approximately $1,361,000. Louisiana State Employees Reti
RXO, Inc. (NYSE:RXO) Major Shareholder Purchases $16,982,400.00 in Stock
RXO, Inc. (NYSE:RXO - Get Free Report) major shareholder Mfn Partners, Lp purchased 870,000 shares of the business's stock in a transaction dated Thursday, April 18th. The shares were purchased at an average cost of $19.52 per share, for a total transaction of $16,982,400.00. Following the completion of the purchase, the insider now directly owns 16,675,369 shares of the company's stock, valued at approximately $325,503,202.88. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
RXO (NYSE:RXO) Earns "Hold" Rating from Benchmark
Benchmark reaffirmed a "hold" rating on shares of RXO in a research note on Friday.
Mfn Partners, Lp Buys 5,139 Shares of RXO, Inc. (NYSE:RXO) Stock
RXO, Inc. (NYSE:RXO - Get Free Report) major shareholder Mfn Partners, Lp bought 5,139 shares of the company's stock in a transaction dated Friday, April 12th. The stock was purchased at an average price of $20.39 per share, with a total value of $104,784.21. Following the completion of the transaction, the insider now directly owns 15,593,694 shares in the company, valued at approximately $317,955,420.66. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
RXO (NYSE:RXO) Stock Price Down 6.2%
RXO (NYSE:RXO) Stock Price Down 6.2%
RXO Expands Responsible Care® Certification
RXO Expands Responsible Care® Certification
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This page (NYSE:RXO) was last updated on 5/19/2024 by MarketBeat.com Staff

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