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Recent Insider Activity Suggests Potential Gains for CoreCivic Inc (CXW)

CoreCivic Inc’s recently made public that its Officer Carter, Cole G. acquired Company’s shares for reported $0.15 million on Mar 03 ’25. In the deal valued at $19.27 per share,8,000 shares were bought.

Then, Churchill David K sold 39,639 shares, generating $759,880 in total proceeds. Upon selling the shares at $19.17, the Chief Human Resources Officer now owns 140,116 shares.

Before that, Churchill David K bought 40,000 shares. CoreCivic Inc shares valued at $764,000 were divested by the Officer at a price of $19.10 per share.

Noble Capital Markets upgraded its CoreCivic Inc [CXW] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “an Outperform”. Wedbush also remained covering CXW and has decreased its forecast on June 11, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Northland Capital started covering the stock on October 19, 2023. It rated CXW as “an Outperform”.

Price Performance Review of CXW

On Friday, CoreCivic Inc [NYSE:CXW] saw its stock fall -0.85% to $18.76. Over the last five days, the stock has gained 4.11%. CoreCivic Inc shares have fallen nearly -13.71% since the year began. Nevertheless, the stocks have risen 28.32% over the past one year. While a 52-week high of $24.99 was reached on 01/21/25, a 52-week low of $10.74 was recorded on 02/11/25. SMA at 50 days reached $20.56, while 200 days put it at $16.40.

Levels Of Support And Resistance For CXW Stock

The 24-hour chart illustrates a support level at 18.38, which if violated will result in even more drops to 18.01. On the upside, there is a resistance level at 19.01. A further resistance level may holdings at 19.27. The Relative Strength Index (RSI) on the 14-day chart is 43.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.91%. Stochastics %K at 61.88% indicates the stock is a holding.

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