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. 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 $2.45 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 their initiating research note from Deutsche Bank on March 07, 2025, CSX Corp [CSX] has been a Hold and the price target has been revised to $34. Analysts at Loop Capital downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early February. As of January 10, 2025, Jefferies has increased its “Hold” rating to a “Buy” for CSX. Earlier on October 17, 2024, TD Cowen resumed its rating. Their recommendation was “a Hold” for CSX stock.
Analyzing CSX Stock Performance
During the last five days, there has been a drop of approximately -5.82%. Over the course of the year, CSX Corp shares have dropped approximately -9.73%. Shares of the company reached a 52-week high of $34.10 on 01/23/25 and a 52-week low of $28.98 on 03/13/25. A 50-day SMA is recorded $32.24, while a 200-day SMA reached $33.54.
Support And Resistance Levels for CSX Corp (CSX)
According to the 24-hour chart, there is a support level at 28.83, which, if violated, would cause prices to drop to 28.52. In the upper region, resistance lies at 29.59. The next price resistance is at 30.04. RSI (Relative Strength Index) is 22.95 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.67, which suggests the price will decrease in the coming days. Percent R is at 95.73%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
