Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cbiz Inc shares valued at $282,679 were sold by GROVE WARE H on Mar 14 ’25. At $70.16 per share, GROVE WARE H sold 4,029 shares. The insider’s holdings dropped to 301,518 shares worth approximately $20.03 million following the completion of this transaction.
Also, GROVE WARE H purchased 4,029 shares, netting a total of over 282,680 in proceeds.
Before that, WILEY BENAREE PRATT had sold 6,526 shares from its account. In a trade valued at $468,214, the Director traded Cbiz Inc shares for $71.75 each. Upon closing the transaction, the insider’s holdings decreased to 6,526 shares, worth approximately $2.77 million.
As published in a research note from Sidoti on August 12, 2024, Cbiz Inc [CBZ] has been rated up from a Neutral to a Buy and the price target has been revised to $86 from $80. Analysts at Sidoti downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of October 30, 2023, Sidoti has increased its “Neutral” rating to a “Buy” for CBZ. Earlier on September 05, 2023, Sidoti downgraded its rating. Their new recommendation was “a Neutral” for CBZ stock which previously was a “a Buy”.
Analyzing CBZ Stock Performance
During the last five days, there has been a drop of approximately -15.59%. Over the course of the year, Cbiz Inc shares have dropped approximately -18.83%. Shares of the company reached a 52-week high of $90.13 on 02/26/25 and a 52-week low of $65.62 on 04/24/25. A 50-day SMA is recorded $76.34, while a 200-day SMA reached $75.84.
Support And Resistance Levels for Cbiz Inc (CBZ)
According to the 24-hour chart, there is a support level at 62.28, which, if violated, would cause prices to drop to 58.14. In the upper region, resistance lies at 73.90. The next price resistance is at 81.38. RSI (Relative Strength Index) is 33.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.93, which suggests the price will decrease in the coming days. Percent R is at 94.68%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
