UPS CEO Carol Tomé Buys the Stock Dip

CEO Carol Tomé bought $1 million of UPS stock. (Kevin Dietsch/Getty Images)

United Parcel Service stock tumbled in late July after an earnings miss, and two prominent insiders at the logistics firm bought up the embattled shares, which are on track for a fourth straight year in the red.

On the morning of July 29, UPS announced second-quarter earnings per share that missed analysts’ estimates, although the top line was strong. Shares dived 11% that day to close at $90.84, and they lost more ground in ensuing trading days.

On July 31, CEO Carol Tomé paid $1 million for 11,682 UPS shares, an average price of $85.67 each. She now owns 24,718 shares in a personal account, and 167,229 supervoting Class A shares, according to a form that Tomé filed with the Securities and Exchange Commission. Class A shares, which don’t trade publicly, each carry 10 votes, while the publicly traded common shares carry one vote each. In addition to serving UPS as CEO, Tomé is a director.

Board Chair William Johnson paid $432,477 on Aug. 1 for 5,000 UPS shares, an average price of $86.50 each. He now owns 10,160 shares in a personal account.

UPS didn’t make Tomé or Johnson available for comment on their stock purchases, and said it “does not comment on the personal investments of our employees or board members.”

Tomé last purchased UPS stock on the open market in May 2020, when she paid $1 million for 10,100 shares, an average price of $99.33 each.

Johnson last bought UPS stock in July 2024, when he paid $643,035 for 5,000 shares, an average price of $128.61 each.

UPS stock is down about 30% in 2025, continuing a trend. In 2022, 2023, and 2024, it fell 19%, 9.6%, and 20%, respectively.

Inside Scoop is a regular Barron’s feature covering stock transactions by corporate executives and board members—so-called insiders—as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups.

Write to Ed Lin at edward.lin@barrons.com