CSX Corp’s recently made public that its EVP & CLO Goldman Nathan D unloaded Company’s shares for reported $4.2 million on Nov 18 ’24. In the deal valued at $35.39 per share,118,588 shares were sold. As a result of this transaction, Goldman Nathan D now holds 202,991 shares worth roughly $ 6.83 million.
Then, Goldman Nathan D bought 118,588 shares, generating $4,198,010 in total proceeds.
Before that, Goldman Nathan D sold 244,487 shares. CSX Corp shares valued at $8,953,114 were divested by the EVP & CLO at a price of $36.62 per share. As a result of the transaction, Goldman Nathan D now holds 251,579 shares, worth roughly $8.46 million.
Loop Capital downgraded its CSX Corp [CSX] rating to a Hold from a a Buy in a research note published on February 03, 2025; the price target was decreased to $34 from $40. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. TD Cowen also remained covering CSX and reiterated its “Hold” recommendation on October 17, 2024. Citigroup started covering the stock on October 09, 2024. It rated CSX as “a Buy”.
Price Performance Review of CSX
On Tuesday, CSX Corp [NASDAQ:CSX] saw its stock jump 0.81% to $33.64. Over the last five days, the stock has gained 1.69%. CSX Corp shares have risen nearly 4.25% since the year began. Nevertheless, the stocks have fallen -9.08% over the past one year. While a 52-week high of $40.12 was reached on 01/23/25, a 52-week low of $31.43 was recorded on 01/13/25. SMA at 50 days reached $32.88, while 200 days put it at $33.75.
Levels Of Support And Resistance For CSX Stock
The 24-hour chart illustrates a support level at 33.36, which if violated will result in even more drops to 33.09. On the upside, there is a resistance level at 33.83. A further resistance level may holdings at 34.02. The Relative Strength Index (RSI) on the 14-day chart is 58.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.90%. Stochastics %K at 85.39% indicates the stock is a selling.
