Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CoreCivic Inc shares valued at $159,920 were sold by Carter, Cole G. on Feb 03 ’25. At $19.99 per share, Carter, Cole G. sold 8,000 shares. The insider’s holdings dropped to 175,847 shares worth approximately $3.3 million following the completion of this transaction.
Also, Carter, Cole G. purchased 8,000 shares, netting a total of over 165,120 in proceeds.
Before that, Carter, Cole G. had sold 8,000 shares from its account. In a trade valued at $174,160, the EVP,General Counsel, Secretary traded CoreCivic Inc shares for $21.77 each. Upon closing the transaction, the insider’s holdings decreased to 8,000 shares, worth approximately $3.45 million.
As published in a research note from Wedbush on December 10, 2024, CoreCivic Inc [CXW] has been rated up from a Neutral to an Outperform and the price target has been revised to $30 from $19. Analysts at Wedbush downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid June. As of October 19, 2023, Northland Capital has initiated its “an Outperform” rating for CXW. Earlier on April 14, 2022, Wedbush upgraded its rating. Their new recommendation was “an Outperform” for CXW stock which previously was a “a Neutral”.
Analyzing CXW Stock Performance
During the last five days, there has been a drop of approximately -9.42%. Over the course of the year, CoreCivic Inc shares have dropped approximately -13.71%. Shares of the company reached a 52-week high of $23.85 on 01/21/25 and a 52-week low of $18.38 on 02/06/25. A 50-day SMA is recorded $21.54, while a 200-day SMA reached $16.14. Nevertheless, trading volume fell to 1.24 million shares from 1.24 million shares the previous day.
Support And Resistance Levels for CoreCivic Inc (CXW)
According to the 24-hour chart, there is a support level at 18.31, which, if violated, would cause prices to drop to 17.85. In the upper region, resistance lies at 19.29. The next price resistance is at 19.82. RSI (Relative Strength Index) is 31.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.81, which suggests the price will decrease in the coming days. Percent R is at 93.05%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
