CSX Corp’s recent filing unveils that its EVP – CD&TO Fortune Stephen unloaded Company’s shares for reported $47115.0 on Mar 04 ’25. In the deal valued at $31.41 per share,1,500 shares were sold. As a result of this transaction, Fortune Stephen now holds 83,939 shares worth roughly $2.55 million.
Then, Goldman Nathan D sold 118,588 shares, generating $4,197,315 in total proceeds. Upon selling the shares at $35.39, the EVP & CLO now owns 202,991 shares.
Before that, Goldman Nathan D bought 118,588 shares. CSX Corp shares valued at $4,198,010 were divested by the Officer at a price of $35.40 per share.
Deutsche Bank initiated its CSX Corp [CSX] rating to a Hold in a research note published on March 07, 2025; the price target was $34. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Hold”. Jefferies also remained covering CSX and has increased its forecast on January 10, 2025 with a “Buy” recommendation from previously “Hold” rating. TD Cowen maintained its rating on October 17, 2024. It rated CSX as “a Hold”.
Price Performance Review of CSX
On Monday, CSX Corp [NASDAQ:CSX] saw its stock jump 1.07% to $30.33. Over the last five days, the stock has lost -1.04%. CSX Corp shares have fallen nearly -6.01% since the year began. Nevertheless, the stocks have fallen -19.72% over the past one year. While a 52-week high of $38.03 was reached on 01/23/25, a 52-week low of $28.98 was recorded on 03/13/25. SMA at 50 days reached $32.16, while 200 days put it at $33.50.
Levels Of Support And Resistance For CSX Stock
The 24-hour chart illustrates a support level at 30.03, which if violated will result in even more drops to 29.74. On the upside, there is a resistance level at 30.51. A further resistance level may holdings at 30.70. The Relative Strength Index (RSI) on the 14-day chart is 39.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.47%. Stochastics %K at 24.66% indicates the stock is a holding.
How much short interest is there in CSX Corp?
A steep rise in short interest was recorded in CSX Corp stocks on 2025-02-28, dropping by -2.91 million shares to a total of 26.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 29.43 million shares. There was a decline of -10.98%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 09, 2024 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $42 price target.
