XPO CFO Kyle Wismans sells $133,890 in company stock
XPO CFO Kyle Wismans sells $133,890 in company stock
Kyle Wismans, Chief Financial Officer of XPO, Inc. (NASDAQ:XPO), sold 750 shares of common stock on September 14, 2026, for a total value of $133,890. The shares were sold at a price of $178.52 each. The sale comes as XPO shares trade near $178.24, with the stock up 31% year-to-date despite recent volatility.
The transaction was executed as part of a Rule 10b5-1 trading plan, which was adopted by Wismans on June 15, 2026, to facilitate long-term asset diversification and financial planning objectives. Following this sale, Wismans directly holds 48,716 shares of XPO common stock.The logistics company, valued at $20.9 billion, currently trades at a P/E ratio of 52.64. According to InvestingPro analysis, XPO appears overvalued at current levels. Investors seeking deeper insights can access XPO’s comprehensive Pro Research Report, one of 1,400+ available reports that transform complex data into actionable intelligence.
In other recent news, XPO Logistics reported second-quarter 2026 results that surpassed Wall Street expectations, with adjusted earnings per share of $1.70 and revenue of $2.35 billion, beating the anticipated $1.47 per share and $2.28 billion in sales. The company achieved record margins, with an adjusted operating ratio improving to 79.9% and revenue rising 13% year-over-year. Additionally, XPO’s North American less-than-truckload (LTL) segment saw a 15% increase in revenue to $1.4 billion. Moody’s upgraded XPO’s corporate family rating to Ba1, citing sustained margin expansion and improved credit metrics, while BofA Securities adjusted its price target for XPO to $228 due to tonnage trends. StoneX reaffirmed a Buy rating with a $240 price target, noting strong LTL trends and volume growth. Bernstein initiated coverage with an outperform rating and a $244 price target, highlighting potential margin opportunities. These developments reflect XPO’s ongoing operational improvements and strategic financial positioning.