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Old Dominion Freight Line, Inc [ODFL] EVP and CFO makes an insider purchase of 2,457 shares worth 0.43 million.

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Old Dominion Freight Line, Inc shares valued at $432,260 were purchased by Satterfield Adam N on Feb 28 ’25. At $175.93 per share, Satterfield Adam N acquired 2,457 shares. The insider’s holdings grew to 23,594 shares worth approximately $3.75 million following the completion of this transaction.

Also, Gantt Greg C sold 6,414 shares, netting a total of over 1,320,450 in proceeds. Following the sale of shares at $205.87 each, the insider now holds 104,266 shares.

Before that, Gantt Greg C had added 6,414 shares to its account. In a trade valued at $1,302,170, the Director bought Old Dominion Freight Line, Inc shares for $203.02 each.

As published in a research note from Citigroup on April 08, 2025, Old Dominion Freight Line, Inc [ODFL] has been rated up from a Neutral to a Buy and the price target has been revised to $183. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in mid March. As of March 07, 2025, Deutsche Bank has initiated its “Buy” rating for ODFL. Earlier on February 24, 2025, Stifel upgraded its rating. Their new recommendation was “a Buy” for ODFL stock which previously was a “a Hold”.

Analyzing ODFL Stock Performance

During the last five days, there has been a surge of approximately 7.47%. Over the course of the year, Old Dominion Freight Line, Inc shares have dropped approximately -9.92%. Shares of the company reached a 52-week high of $209.61 on 02/18/25 and a 52-week low of $145.79 on 04/09/25. A 50-day SMA is recorded $169.58, while a 200-day SMA reached $190.66.

Support And Resistance Levels for Old Dominion Freight Line, Inc (ODFL)

According to the 24-hour chart, there is a support level at 153.47, which, if violated, would cause prices to drop to 148.05. In the upper region, resistance lies at 161.75. The next price resistance is at 164.61. RSI (Relative Strength Index) is 49.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.17, which suggests the price will increase in the coming days. Percent R is at 40.68%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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