BrownCafe

We’d be surprised if United Parcel Service, Inc. shareholders haven’t noticed that the Executive Chairman, David Abney, recently sold US$202k worth of stock at US$160 per share. That sale was 47% of their holding, so it does make us raise an eyebrow.

United Parcel Service Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by CEO & Director Carol Tomé for US$1.0m worth of shares, at about US$99.33 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$162. Because it occurred at a lower valuation, it doesn’t tell us much about whether insiders might find today’s price attractive.

On-demand fulfillment platform Ware2Go will supply real-time inventory information to advertisers on Google Shopping.

Ware2Go, a subsidiary of UPS that enables one-to-two-day shipping across the U.S., is entering a new e-commerce partnership and integration with Google Shopping. The integration will dynamically display free, fast delivery promises within retailers’ Google ads, based on real-time inventory availability across Ware2Go’s fulfillment network.

These annotations are intended to help retailers optimize ad efficiency using Google Shopping and drive revenue by advertising free, fast shipping offers earlier in the buyer’s purchase journey, including at the point of initial product research via Google Search.

Company leaders at UPS say the moving of parcels has increased dramatically during the pandemic and they have stayed very busy servicing their clients.

Now, company officials say they are looking to hire thousands of jobs right here in the DFW metroplex.

UPS human resources manager Milton Bennet said there are all kinds of positions available.