Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. C.H. Robinson Worldwide, Inc shares valued at $210,942 were sold by Castagnetto Michael D. on Dec 31 ’24. At $103.81 per share, Castagnetto Michael D. sold 2,032 shares. The insider’s holdings dropped to 34,469 shares worth approximately $3.35 million following the completion of this transaction.
Also, Castagnetto Michael D. purchased 2,032 shares, netting a total of over 210,942 in proceeds.
Before that, Campbell Ben G had sold 25,976 shares from its account. In a trade valued at $2,857,360, the Chief Legal Officer/Secretary traded C.H. Robinson Worldwide, Inc shares for $110.00 each. Upon closing the transaction, the insider’s holdings decreased to 25,976 shares, worth approximately $6.72 million.
As published in a research note from Stifel on January 31, 2025, C.H. Robinson Worldwide, Inc [CHRW] has been rated up from a Hold to a Buy and the price target has been revised to $113. Analysts at Raymond James upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of January 03, 2025, Susquehanna has increased its “Neutral” rating to a “Positive” for CHRW. Earlier on December 13, 2024, TD Cowen resumed its rating. Their recommendation was “a Hold” for CHRW stock.
Analyzing CHRW Stock Performance
During the last five days, there has been a drop of approximately -9.90%. Over the course of the year, C.H. Robinson Worldwide, Inc shares have dropped approximately -5.87%. Shares of the company reached a 52-week high of $110.25 on 01/29/25 and a 52-week low of $96.73 on 02/03/25. A 50-day SMA is recorded $105.33, while a 200-day SMA reached $97.59. Nevertheless, trading volume fell to 1.51 million shares from 0.95 million shares the previous day.
Support And Resistance Levels for C.H. Robinson Worldwide, Inc (CHRW)
According to the 24-hour chart, there is a support level at 96.59, which, if violated, would cause prices to drop to 95.94. In the upper region, resistance lies at 98.42. The next price resistance is at 99.60. RSI (Relative Strength Index) is 32.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.72, which suggests the price will decrease in the coming days. Percent R is at 96.15%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
