Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CoreCivic Inc shares valued at $176,160 were purchased by Carter, Cole G. on Jan 02 ’25. At $22.02 per share, Carter, Cole G. acquired 8,000 shares.
Also, MARSHALL THURGOOD JR sold 5,000 shares, netting a total of over 106,850 in proceeds. Following the sale of shares at $21.37 each, the insider now holds 41,925 shares.
Before that, Hylton Stacia had sold 1,800 shares from its account. In a trade valued at $38,466, the Director traded CoreCivic Inc shares for $21.37 each. Upon closing the transaction, the insider’s holdings decreased to 1,800 shares, worth approximately $1.71 million.
As published in a research note from Wedbush on December 10, 2024, CoreCivic Inc [CXW] has been rated up from a Neutral to an Outperform and the price target has been revised to $30 from $19. Analysts at Wedbush downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid June. As of October 19, 2023, Northland Capital has initiated its “an Outperform” rating for CXW. Earlier on April 14, 2022, Wedbush upgraded its rating. Their new recommendation was “an Outperform” for CXW stock which previously was a “a Neutral”.
Analyzing CXW Stock Performance
During the last five days, there has been a surge of approximately 0.42%. Over the course of the year, CoreCivic Inc shares have dropped approximately -0.05%. Shares of the company reached a 52-week high of $22.14 on 01/02/25 and a 52-week low of $21.36 on 01/02/25. A 50-day SMA is recorded $19.92, while a 200-day SMA reached $15.46. Nevertheless, trading volume fell to 0.8 million shares from 0.89 million shares the previous day.
Support And Resistance Levels for CoreCivic Inc (CXW)
According to the 24-hour chart, there is a support level at 21.35, which, if violated, would cause prices to drop to 20.96. In the upper region, resistance lies at 22.13. The next price resistance is at 22.52. RSI (Relative Strength Index) is 56.65 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.23, which suggests the price will decrease in the coming days. Percent R is at 28.44%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
