ArcBest Corp’s recent filing unveils that its Director Hogan Michael P acquired Company’s shares for reported $0.2 million on May 07 ’25. In the deal valued at $59.00 per share,3,418 shares were bought. As a result of this transaction, Hogan Michael P now holds 32,664 shares worth roughly $2.3 million.
Then, Beasley John Matthew bought 700 shares, generating $52,423 in total proceeds. Upon buying the shares at $74.89, the CHIEF FINANCIAL OFFICER now owns 8,142 shares.
Before that, Philip Craig E sold 3,900 shares. ArcBest Corp shares valued at $428,649 were divested by the Director at a price of $109.91 per share. As a result of the transaction, Philip Craig E now holds 23,250 shares, worth roughly $1.64 million.
TD Cowen reiterated its ArcBest Corp [ARCB] rating to a Hold in a research note published on April 30, 2025; the price target was $72. 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. TD Cowen also remained covering ARCB and has decreased its forecast on October 14, 2024 with a “Hold” recommendation from previously “Buy” rating. Citigroup started covering the stock on October 09, 2024. It rated ARCB as “a Neutral”.
Price Performance Review of ARCB
On Monday, ArcBest Corp [NASDAQ:ARCB] saw its stock jump 14.08% to $70.41. Over the last five days, the stock has gained 15.50%. ArcBest Corp shares have fallen nearly -24.55% since the year began. Nevertheless, the stocks have fallen -38.45% over the past one year. While a 52-week high of $129.83 was reached on 01/15/25, a 52-week low of $55.19 was recorded on 04/30/25. SMA at 50 days reached $66.93, while 200 days put it at $94.31.
Levels Of Support And Resistance For ARCB Stock
The 24-hour chart illustrates a support level at 68.33, which if violated will result in even more drops to 66.25. On the upside, there is a resistance level at 72.37. A further resistance level may holdings at 74.32. The Relative Strength Index (RSI) on the 14-day chart is 60.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.99, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.75%. Stochastics %K at 70.54% indicates the stock is a holding.
