Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CoreCivic Inc shares valued at $759,880 were sold by Churchill David K on Feb 13 ’25. At $19.17 per share, Churchill David K sold 39,639 shares. The insider’s holdings dropped to 140,116 shares worth approximately $2.54 million following the completion of this transaction.
Also, Churchill David K purchased 40,000 shares, netting a total of over 764,000 in proceeds.
Before that, Carter, Cole G. had sold 8,000 shares from its account. In a trade valued at $159,920, the EVP,General Counsel, Secretary traded CoreCivic Inc shares for $19.99 each. Upon closing the transaction, the insider’s holdings decreased to 8,000 shares, worth approximately $3.19 million.
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 drop of approximately -5.12%. Over the course of the year, CoreCivic Inc shares have dropped approximately -16.47%. 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 $20.68, while a 200-day SMA reached $16.36. Nevertheless, trading volume fell to 1.8 million shares from 1.11 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 17.91, which, if violated, would cause prices to drop to 17.66. In the upper region, resistance lies at 18.53. The next price resistance is at 18.90. RSI (Relative Strength Index) is 36.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.42, which suggests the price will decrease in the coming days. Percent R is at 51.15%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
