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CHRW (C.H. Robinson Worldwide, Inc) may reap gains as insiders became active recently

C.H. Robinson Worldwide, Inc’s filing revealed that its Pres, NAST Castagnetto Michael D. unloaded Company’s shares for reported $0.5 million on Feb 18 ’25. In the deal valued at $99.60 per share,5,016 shares were sold. As a result of this transaction, Castagnetto Michael D. now holds 34,586 shares worth roughly $3.48 million.

Then, Short Michael John sold 12,209 shares, generating $1,215,723 in total proceeds. Upon selling the shares at $99.58, the President, Global Forwarding now owns 60,286 shares.

Before that, Short Michael John bought 12,209 shares. C.H. Robinson Worldwide, Inc shares valued at $1,215,723 were divested by the Officer at a price of $99.58 per share.

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 Friday, C.H. Robinson Worldwide, Inc [NASDAQ:CHRW] saw its stock fall -0.20% to $100.68. Over the last five days, the stock has gained 1.20%. C.H. Robinson Worldwide, Inc shares have fallen nearly -2.56% since the year began. Nevertheless, the stocks have risen 38.87% 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 $103.47, while 200 days put it at $99.14.

Levels Of Support And Resistance For CHRW Stock

The 24-hour chart illustrates a support level at 99.93, which if violated will result in even more drops to 99.17. On the upside, there is a resistance level at 101.86. A further resistance level may holdings at 103.03. The Relative Strength Index (RSI) on the 14-day chart is 48.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.24%. Stochastics %K at 77.11% indicates the stock is a holding.

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