Concentrix Corp’s filing revealed that its President and CEO Caldwell Christopher A acquired Company’s shares for reported $46000.0 on Apr 21 ’25. In the deal valued at $46.00 per share,1,000 shares were bought. As a result of this transaction, Caldwell Christopher A now holds 303,362 shares worth roughly $15.61 million.
Then, Duha Olivier sold 49,072 shares, generating $2,384,573 in total proceeds. Upon selling the shares at $48.59, the Director now owns 16,675 shares.
Before that, Duha Olivier sold 29,444 shares. Concentrix Corp shares valued at $1,428,691 were divested by the Director at a price of $48.52 per share. As a result of the transaction, Duha Olivier now holds 1,155,862 shares, worth roughly $59.48 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 0.39% to $51.46. Over the last five days, the stock has gained 7.61%. Concentrix Corp shares have risen nearly 18.93% since the year began. Nevertheless, the stocks have fallen -7.25% over the past one year. While a 52-week high of $77.00 was reached on 03/27/25, a 52-week low of $36.28 was recorded on 03/05/25. SMA at 50 days reached $47.79, while 200 days put it at $52.31.
Levels Of Support And Resistance For CNXC Stock
The 24-hour chart illustrates a support level at 50.66, which if violated will result in even more drops to 49.86. On the upside, there is a resistance level at 52.10. A further resistance level may holdings at 52.73. The Relative Strength Index (RSI) on the 14-day chart is 56.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.81%. Stochastics %K at 93.18% indicates the stock is a selling.
How much short interest is there in Concentrix Corp?
A steep rise in short interest was recorded in Concentrix Corp stocks on 2025-04-15, dropping by -1.74 million shares to a total of 6.82 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 8.57 million shares. There was a decline of -25.57%, which implies that there is a negative 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.
