Norfolk Southern Corp’s recently made public that its Director LAMPHERE GILBERT H acquired Company’s shares for reported $0.16 million on Jan 31 ’25. In the deal valued at $259.86 per share,607 shares were bought. As a result of this transaction, LAMPHERE GILBERT H now holds 2,487 shares worth roughly $0.62 million.
Then, ANDERSON RICHARD H bought 400 shares, generating $99,459 in total proceeds. Upon buying the shares at $248.65, the Director now owns 4,400 shares.
Before that, Clyburn William Jr. bought 201 shares. Norfolk Southern Corp shares valued at $49,930 were divested by the Director at a price of $248.41 per share. As a result of the transaction, Clyburn William Jr. now holds 201 shares, worth roughly $50314.32.
Loop Capital downgraded its Norfolk Southern Corp [NSC] rating to a Hold from a a Buy in a research note published on February 03, 2025; the price target was decreased to $256 from $289. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. TD Cowen also remained covering NSC and reiterated its “Hold” recommendation on July 26, 2024.
Price Performance Review of NSC
On Monday, Norfolk Southern Corp [NYSE:NSC] saw its stock fall -1.95% to $250.32. Over the last five days, the stock has lost -3.63%. Norfolk Southern Corp shares have risen nearly 6.66% since the year began. Nevertheless, the stocks have risen 6.41% over the past one year. While a 52-week high of $277.60 was reached on 01/29/25, a 52-week low of $206.71 was recorded on 01/02/25. SMA at 50 days reached $250.38, while 200 days put it at $242.07.
Levels Of Support And Resistance For NSC Stock
The 24-hour chart illustrates a support level at 246.90, which if violated will result in even more drops to 243.49. On the upside, there is a resistance level at 254.09. A further resistance level may holdings at 257.86. The Relative Strength Index (RSI) on the 14-day chart is 51.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.97, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 60.36%. Stochastics %K at 55.01% indicates the stock is a holding.
How much short interest is there in Norfolk Southern Corp?
A steep rise in short interest was recorded in Norfolk Southern Corp stocks on 2025-01-15, dropping by -0.2 million shares to a total of 2.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.28 million shares. There was a decline of -9.78%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 07, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $270 price target.
