Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CSX Corp shares valued at $47,115 were sold by Fortune Stephen on Mar 04 ’25. At $31.41 per share, Fortune Stephen sold 1,500 shares. The insider’s holdings dropped to 83,939 shares worth approximately $2.6 million following the completion of this transaction.
Also, Goldman Nathan D sold 118,588 shares, netting a total of over 4,197,315 in proceeds. Following the sale of shares at $35.39 each, the insider now holds 202,991 shares.
Before that, Goldman Nathan D had added 118,588 shares to its account. In a trade valued at $4,198,010, the Officer bought CSX Corp shares for $35.40 each.
As published in a research note from Loop Capital on February 03, 2025, CSX Corp [CSX] has been rated down from a Buy to a Hold and the price target has been revised to $34 from $40. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of October 17, 2024, TD Cowen has reiterated its “Hold” rating for CSX. Earlier on October 09, 2024, Citigroup initiated its rating. Their recommendation was “a Buy” for CSX stock.
Analyzing CSX Stock Performance
During the last five days, there has been a drop of approximately -3.37%. Over the course of the year, CSX Corp shares have dropped approximately -4.15%. Shares of the company reached a 52-week high of $34.10 on 01/23/25 and a 52-week low of $30.55 on 03/06/25. A 50-day SMA is recorded $32.47, while a 200-day SMA reached $33.63.
Support And Resistance Levels for CSX Corp (CSX)
According to the 24-hour chart, there is a support level at 30.63, which, if violated, would cause prices to drop to 30.32. In the upper region, resistance lies at 31.16. The next price resistance is at 31.38. RSI (Relative Strength Index) is 31.39 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.06, which suggests the price will decrease in the coming days. Percent R is at 87.95%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
