C.H. Robinson Worldwide, Inc’s recently made public that its Pres, NAST Castagnetto Michael D. unloaded Company’s shares for reported $0.21 million on Dec 31 ’24. In the deal valued at $103.81 per share,2,032 shares were sold. As a result of this transaction, Castagnetto Michael D. now holds 34,469 shares worth roughly $3.73 million.
Then, Castagnetto Michael D. bought 2,032 shares, generating $210,942 in total proceeds.
Before that, Campbell Ben G sold 25,976 shares. C.H. Robinson Worldwide, Inc shares valued at $2,857,360 were divested by the Chief Legal Officer/Secretary at a price of $110.00 per share. As a result of the transaction, Campbell Ben G now holds 69,066 shares, worth roughly $7.47 million.
Raymond James upgraded its C.H. Robinson Worldwide, Inc [CHRW] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Susquehanna’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Positive”. TD Cowen also remained covering CHRW and reiterated its “Hold” recommendation on December 13, 2024. Wells Fargo revised its rating on December 09, 2024. It rated CHRW as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of CHRW
On Friday, C.H. Robinson Worldwide, Inc [NASDAQ:CHRW] saw its stock jump 1.08% to $108.16. Over the last five days, the stock has gained 5.33%. C.H. Robinson Worldwide, Inc shares have risen nearly 4.68% since the year began. Nevertheless, the stocks have risen 23.89% over the past one year. While a 52-week high of $114.82 was reached on 01/24/25, a 52-week low of $65.00 was recorded on 01/13/25. SMA at 50 days reached $106.50, while 200 days put it at $96.31.
Levels Of Support And Resistance For CHRW Stock
The 24-hour chart illustrates a support level at 106.97, which if violated will result in even more drops to 105.79. On the upside, there is a resistance level at 109.22. A further resistance level may holdings at 110.29. The Relative Strength Index (RSI) on the 14-day chart is 61.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.49%. Stochastics %K at 86.65% indicates the stock is a selling.
How much short interest is there in C.H. Robinson Worldwide, Inc?
A steep rise in short interest was recorded in C.H. Robinson Worldwide, Inc stocks on 2024-12-31, growing by 0.11 million shares to a total of 4.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.73 million shares. There was a rise of 2.36%, which implies that there is a positive sentiment for the stock.
