Harel Insurance Investments & Financial Services Ltd. Has $658,000 Stake in GXO Logistics, Inc. $GXO

Market Beat
2026.05.07 08:25
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Harel Insurance Investments & Financial Services Ltd. reduced its stake in GXO Logistics, Inc. by 98.4% in Q4, now holding 12,500 shares valued at $658,000. Other institutional investors have also adjusted their positions, with significant increases in holdings. Analysts maintain a positive outlook on GXO, with a consensus rating of "Moderate Buy" and a target price of $69.17. Recent Q1 results exceeded expectations, showing improved profitability, while management raised FY-2026 guidance. However, competitive risks from Amazon's logistics expansion pose challenges for the sector.