In a filing, Cbiz Inc revealed its C.F.O. GROVE WARE H unloaded Company’s shares for reported $0.64 million on Dec 10 ’24. In the deal valued at $79.11 per share,8,143 shares were sold. As a result of this transaction, GROVE WARE H now holds 293,826 shares worth roughly $24.83 million.
Then, YOUNG RODNEY A bought 1,000 shares, generating $77,556 in total proceeds. Upon buying the shares at $77.56, the Director now owns 2,949 shares.
Before that, GROVE WARE H bought 8,143 shares. Cbiz Inc shares valued at $644,164 were divested by the Officer at a price of $79.11 per share.
Sidoti upgraded its Cbiz Inc [CBZ] rating to a Buy from a a Neutral in a research note published on August 12, 2024; the price target was increased to $86 from $80. A number of analysts have revised their coverage, including Sidoti’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. Sidoti also remained covering CBZ and has increased its forecast on October 30, 2023 with a “Buy” recommendation from previously “Neutral” rating. Sidoti revised its rating on September 05, 2023. It rated CBZ as “a Neutral” which previously was an “a Buy”.
Price Performance Review of CBZ
On Friday, Cbiz Inc [NYSE:CBZ] saw its stock fall -0.28% to $84.50. Over the last five days, the stock has gained 3.29%. Cbiz Inc shares have risen nearly 3.26% since the year began. Nevertheless, the stocks have risen 34.79% over the past one year. While a 52-week high of $86.36 was reached on 01/17/25, a 52-week low of $62.10 was recorded on 01/07/25. SMA at 50 days reached $80.41, while 200 days put it at $74.75.
Levels Of Support And Resistance For CBZ Stock
The 24-hour chart illustrates a support level at 83.75, which if violated will result in even more drops to 83.01. On the upside, there is a resistance level at 85.60. A further resistance level may holdings at 86.70. The Relative Strength Index (RSI) on the 14-day chart is 62.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.97, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.74%. Stochastics %K at 81.41% indicates the stock is a selling.
How much short interest is there in Cbiz Inc?
A steep rise in short interest was recorded in Cbiz Inc stocks on 2024-12-31, growing by 0.13 million shares to a total of 1.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.24 million shares. There was a rise of 9.29%, which implies that there is a positive sentiment for the stock.
