Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. C.H. Robinson Worldwide, Inc shares valued at $1,143,493 were sold by Short Michael John on Nov 11 ’24. At $109.87 per share, Short Michael John sold 10,408 shares. The insider’s holdings dropped to 70,943 shares worth approximately $7.7 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Short Michael John purchased 10,408 shares, netting a total of over 1,143,491 in proceeds.
Before that, Campbell Ben G had sold 2,780 shares from its account. In a trade valued at $283,855, the Chief Legal Officer/Secretary traded C.H. Robinson Worldwide, Inc shares for $102.11 each. Upon closing the transaction, the insider’s holdings decreased to 2,780 shares, worth approximately $7.77 million.
As published in a research note from Citigroup on November 12, 2024, C.H. Robinson Worldwide, Inc [CHRW] has been rated up from a Neutral to a Buy and the price target has been revised to $127 from $110. Analysts at TD Cowen resumed the stock at ‘”a Hold”‘ outlook in a report released in late October. As of October 09, 2024, Citigroup has initiated its “Neutral” rating for CHRW. Earlier on October 04, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for CHRW stock which previously was a “a Neutral”.
Analyzing CHRW Stock Performance
During the last five days, there has been a drop of approximately -2.64%. Over the course of the year, C.H. Robinson Worldwide, Inc shares have jumped approximately 25.64%. Shares of the company reached a 52-week high of $113.10 on 10/16/24 and a 52-week low of $65.00 on 04/17/24. A 50-day SMA is recorded $107.45, while a 200-day SMA reached $89.68. Nevertheless, trading volume fell to 0.77 million shares from 0.65 million shares the previous day.
Support And Resistance Levels for C.H. Robinson Worldwide, Inc (CHRW)
According to the 24-hour chart, there is a support level at 108.00, which, if violated, would cause prices to drop to 107.47. In the upper region, resistance lies at 109.31. The next price resistance is at 110.09. RSI (Relative Strength Index) is 51.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.41, which suggests the price will decrease in the coming days. Percent R is at 36.00%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
