CoreCivic Inc’s filing revealed that its EVP,General Counsel, Secretary Carter, Cole G. unloaded Company’s shares for reported $0.17 million on Jan 02 ’25. In the deal valued at $21.77 per share,8,000 shares were sold. As a result of this transaction, Carter, Cole G. now holds 183,847 shares worth roughly $4.06 million.
Then, Carter, Cole G. bought 8,000 shares, generating $176,160 in total proceeds.
Before that, MARSHALL THURGOOD JR sold 5,000 shares. CoreCivic Inc shares valued at $106,850 were divested by the Director at a price of $21.37 per share. As a result of the transaction, MARSHALL THURGOOD JR now holds 41,925 shares, worth roughly $0.93 million.
Wedbush upgraded its CoreCivic Inc [CXW] rating to an Outperform from a a Neutral in a research note published on December 10, 2024; the price target was increased to $30 from $19. A number of analysts have revised their coverage, including Wedbush’s analysts, who decreased its forecast for the stock in mid June from “an Outperform” to “a Neutral”. Northland Capital began covering CXW with “an Outperform” recommendation on October 19, 2023. Wedbush revised its rating on April 14, 2022. It rated CXW as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of CXW
On Monday, CoreCivic Inc [NYSE:CXW] saw its stock jump 0.05% to $22.09. Over the last five days, the stock has lost -0.59%. CoreCivic Inc shares have risen nearly 1.61% since the year began. Nevertheless, the stocks have risen 59.15% over the past one year. While a 52-week high of $24.99 was reached on 01/10/25, a 52-week low of $10.74 was recorded on 01/07/25. SMA at 50 days reached $20.91, while 200 days put it at $15.65.
Levels Of Support And Resistance For CXW Stock
The 24-hour chart illustrates a support level at 21.56, which if violated will result in even more drops to 21.02. On the upside, there is a resistance level at 22.37. A further resistance level may holdings at 22.64. The Relative Strength Index (RSI) on the 14-day chart is 55.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.45%. Stochastics %K at 76.78% indicates the stock is a holding.
How much short interest is there in CoreCivic Inc?
A steep rise in short interest was recorded in CoreCivic Inc stocks on 2024-12-31, growing by 27366.0 shares to a total of 3.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.53 million shares. There was a rise of 0.77%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 18, 2021 when Wedbush began covering the stock and recommended ‘”a Neutral”‘ rating along with a $10.85 price target.
