Concentrix Corp’s recent filing unveils that its EVP, Global Ops & Delivery Twomey Cormac J unloaded Company’s shares for reported $22570.0 on Feb 28 ’25. In the deal valued at $45.14 per share,500 shares were sold. As a result of this transaction, Twomey Cormac J now holds 39,630 shares worth roughly $1.79 million.
Then, CORMAC TWOMEY bought 500 shares, generating $22,570 in total proceeds.
Before that, Twomey Cormac J sold 500 shares. Concentrix Corp shares valued at $27,800 were divested by the EVP, Global Ops & Delivery at a price of $55.60 per share. As a result of the transaction, Twomey Cormac J now holds 41,111 shares, worth roughly $1.86 million.
Barrington Research reiterated its Concentrix Corp [CNXC] rating to an Outperform in a research note published on March 24, 2025; the price target was $54. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. BofA Securities also remained covering CNXC and has increased its forecast on August 28, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. BofA Securities revised its rating on March 27, 2024. It rated CNXC as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of CNXC
On Tuesday, Concentrix Corp [NASDAQ:CNXC] saw its stock jump 0.40% to $45.18. Over the last five days, the stock has lost -2.29%. Concentrix Corp shares have risen nearly 4.41% since the year began. Nevertheless, the stocks have fallen -28.22% over the past one year. While a 52-week high of $77.00 was reached on 01/29/25, a 52-week low of $36.28 was recorded on 03/05/25. SMA at 50 days reached $47.54, while 200 days put it at $53.72.
Levels Of Support And Resistance For CNXC Stock
The 24-hour chart illustrates a support level at 44.80, which if violated will result in even more drops to 44.42. On the upside, there is a resistance level at 45.64. A further resistance level may holdings at 46.11. The Relative Strength Index (RSI) on the 14-day chart is 47.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.68%. Stochastics %K at 44.99% indicates the stock is a holding.
How much short interest is there in Concentrix Corp?
A steep rise in short interest was recorded in Concentrix Corp stocks on 2025-03-14, growing by 0.58 million shares to a total of 8.57 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.98 million shares. There was a rise of 6.82%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 06, 2023 when Redburn Atlantic began covering the stock and recommended ‘”a Neutral”‘ rating along with a $70 price target.
