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Potential Price Increase for Old Dominion Freight Line, Inc (ODFL) After Recent Insider Activity

In a filing, Old Dominion Freight Line, Inc revealed 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 $3.69 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.

Citigroup upgraded its Old Dominion Freight Line, Inc [ODFL] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. Deutsche Bank began covering ODFL with “Buy” recommendation on March 07, 2025. Stifel revised its rating on February 24, 2025. It rated ODFL as “a Buy” which previously was an “a Hold”.

Price Performance Review of ODFL

On Monday, Old Dominion Freight Line, Inc [NASDAQ:ODFL] saw its stock fall -1.13% to $156.23. Over the last five days, the stock has gained 4.85%. Old Dominion Freight Line, Inc shares have fallen nearly -11.43% since the year began. Nevertheless, the stocks have fallen -14.39% over the past one year. While a 52-week high of $233.26 was reached on 02/18/25, a 52-week low of $144.90 was recorded on 04/25/25. SMA at 50 days reached $162.70, while 200 days put it at $189.30.

Levels Of Support And Resistance For ODFL Stock

The 24-hour chart illustrates a support level at 155.28, which if violated will result in even more drops to 154.34. On the upside, there is a resistance level at 157.95. A further resistance level may holdings at 159.68. The Relative Strength Index (RSI) on the 14-day chart is 49.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.65, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 50.72%. Stochastics %K at 43.64% indicates the stock is a holding.

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