The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. C.H. Robinson Worldwide, Inc shares valued at $499,594 were sold by Castagnetto Michael D. on Feb 18 ’25. At $99.60 per share, Castagnetto Michael D. sold 5,016 shares. The insider’s holdings dropped to 34,586 shares worth approximately $3.47 million following the completion of this transaction.
Also, Short Michael John sold 12,209 shares, netting a total of over 1,215,723 in proceeds. Following the sale of shares at $99.58 each, the insider now holds 60,286 shares.
Before that, Short Michael John had added 12,209 shares to its account. In a trade valued at $1,215,723, the Officer bought C.H. Robinson Worldwide, Inc shares for $99.58 each.
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 surge of approximately 2.94%. Over the course of the year, C.H. Robinson Worldwide, Inc shares have dropped approximately -2.81%. Shares of the company reached a 52-week high of $110.25 on 01/29/25 and a 52-week low of $95.68 on 02/07/25. A 50-day SMA is recorded $103.71, while a 200-day SMA reached $98.93. Nevertheless, trading volume fell to 1.09 million shares from 1.16 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 98.81, which, if violated, would cause prices to drop to 97.21. In the upper region, resistance lies at 101.30. The next price resistance is at 102.18. RSI (Relative Strength Index) is 47.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.14, which suggests the price will increase in the coming days. Percent R is at 39.15%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
