Old Dominion Freight Line, Inc’s recently made public that its EVP and CFO Satterfield Adam N acquired Company’s shares for reported $0.43 million on Feb 28 ’25. In the deal valued at $175.93 per share,2,457 shares were bought. As a result of this transaction, Satterfield Adam N now holds 23,594 shares worth roughly $3.94 million.
Then, Gantt Greg C sold 6,414 shares, generating $1,320,450 in total proceeds. Upon selling the shares at $205.87, the Director now owns 104,266 shares.
Before that, Gantt Greg C bought 6,414 shares. Old Dominion Freight Line, Inc shares valued at $1,302,170 were divested by the Director at a price of $203.02 per share.
Truist initiated its Old Dominion Freight Line, Inc [ODFL] rating to a Buy in a research note published on March 13, 2025; the price target was $220. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. Stifel also remained covering ODFL and has increased its forecast on February 24, 2025 with a “Buy” recommendation from previously “Hold” rating. Susquehanna revised its rating on January 07, 2025. It rated ODFL as “a Neutral” which previously was an “a Positive”.
Price Performance Review of ODFL
On Tuesday, Old Dominion Freight Line, Inc [NASDAQ:ODFL] saw its stock jump 0.99% to $167.09. Over the last five days, the stock has lost -0.30%. Old Dominion Freight Line, Inc shares have fallen nearly -5.28% since the year began. Nevertheless, the stocks have fallen -23.81% over the past one year. While a 52-week high of $233.26 was reached on 02/18/25, a 52-week low of $157.67 was recorded on 03/21/25. SMA at 50 days reached $181.36, while 200 days put it at $192.42.
Levels Of Support And Resistance For ODFL Stock
The 24-hour chart illustrates a support level at 164.07, which if violated will result in even more drops to 161.06. On the upside, there is a resistance level at 169.05. A further resistance level may holdings at 171.02. The Relative Strength Index (RSI) on the 14-day chart is 43.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.08%. Stochastics %K at 53.25% indicates the stock is a holding.
How much short interest is there in Old Dominion Freight Line, Inc?
A steep rise in short interest was recorded in Old Dominion Freight Line, Inc stocks on 2025-03-14, growing by 1.08 million shares to a total of 10.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.79 million shares. There was a rise of 9.95%, which implies that there is a positive sentiment for the stock.
