C.H. Robinson Worldwide, Inc’s recent filing unveils 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 $3.42 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 $6.86 million.
Stifel upgraded its C.H. Robinson Worldwide, Inc [CHRW] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in early January from “a Mkt perform” to “an Outperform”. Susquehanna also remained covering CHRW and has increased its forecast on January 03, 2025 with a “Positive” recommendation from previously “Neutral” rating. TD Cowen maintained its rating on December 13, 2024. It rated CHRW as “a Hold”.
Price Performance Review of CHRW
On Monday, C.H. Robinson Worldwide, Inc [NASDAQ:CHRW] saw its stock jump 2.85% to $99.34. Over the last five days, the stock has gained 1.26%. C.H. Robinson Worldwide, Inc shares have fallen nearly -3.85% since the year began. Nevertheless, the stocks have risen 34.86% over the past one year. While a 52-week high of $114.82 was reached on 01/29/25, a 52-week low of $65.00 was recorded on 02/07/25. SMA at 50 days reached $104.71, while 200 days put it at $98.00.
Levels Of Support And Resistance For CHRW Stock
The 24-hour chart illustrates a support level at 97.51, which if violated will result in even more drops to 95.69. On the upside, there is a resistance level at 100.43. A further resistance level may holdings at 101.53. The Relative Strength Index (RSI) on the 14-day chart is 41.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.88%. Stochastics %K at 11.61% indicates the stock is a buying.
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 2025-01-15, dropping by -0.16 million shares to a total of 4.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.99 million shares. There was a decline of -3.34%, which implies that there is a negative sentiment for the stock.
