Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CoreCivic Inc shares valued at $764,000 were purchased by Churchill David K on Feb 13 ’25. At $19.10 per share, Churchill David K acquired 40,000 shares.
Also, Carter, Cole G. sold 8,000 shares, netting a total of over 159,920 in proceeds. Following the sale of shares at $19.99 each, the insider now holds 175,847 shares.
Before that, Carter, Cole G. had added 8,000 shares to its account. In a trade valued at $165,120, the Officer bought CoreCivic Inc shares for $20.64 each.
As published in a research note from Noble Capital Markets on February 12, 2025, CoreCivic Inc [CXW] has been rated up from a Market perform to an Outperform. Analysts at Wedbush upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early December. As of June 11, 2024, Wedbush has decreased its “an Outperform” rating to a “Neutral” for CXW. Earlier on October 19, 2023, Northland Capital initiated its rating. Their recommendation was “an Outperform” for CXW stock.
Analyzing CXW Stock Performance
During the last five days, there has been a surge of approximately 1.60%. Over the course of the year, CoreCivic Inc shares have dropped approximately -12.33%. Shares of the company reached a 52-week high of $23.85 on 01/21/25 and a 52-week low of $16.46 on 02/11/25. A 50-day SMA is recorded $21.19, while a 200-day SMA reached $16.23. Nevertheless, trading volume fell to 1.54 million shares from 2.64 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 18.72, which, if violated, would cause prices to drop to 18.38. In the upper region, resistance lies at 19.67. The next price resistance is at 20.28. RSI (Relative Strength Index) is 40.62 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.76, which suggests the price will decrease in the coming days. Percent R is at 50.48%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
