The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Churchill Downs, Inc shares valued at $927,700 were purchased by GRISSOM DOUGLAS C on May 07 ’25. At $92.77 per share, GRISSOM DOUGLAS C acquired 10,000 shares. The insider’s holdings grew to 38,869 shares worth approximately $3.73 million following the completion of this transaction.
Also, Rankin R Alex purchased 2,000 shares, netting a total of over 185,300 in proceeds. Following the buying of shares at $92.65 each, the insider now holds 99,012 shares.
Before that, VARGA PAUL C had added 2,000 shares to its account. In a trade valued at $185,940, the Director bought Churchill Downs, Inc shares for $92.97 each. Upon closing the transaction, the insider’s holdings increased to 2,000 shares, worth approximately $3.19 million.
As published in their initiating research note from Barclays on April 11, 2025, Churchill Downs, Inc [CHDN] has been an Overweight and the price target has been revised to $125. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid August. As of April 15, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for CHDN. Earlier on March 26, 2024, Mizuho initiated its rating. Their recommendation was “a Buy” for CHDN stock.
Analyzing CHDN Stock Performance
During the last five days, there has been a surge of approximately 1.79%. Over the course of the year, Churchill Downs, Inc shares have dropped approximately -28.13%. Shares of the company reached a 52-week high of $136.34 on 01/02/25 and a 52-week low of $85.58 on 04/25/25.
Support And Resistance Levels for Churchill Downs, Inc (CHDN)
According to the 24-hour chart, there is a support level at 94.16, which, if violated, would cause prices to drop to 92.34. In the upper region, resistance lies at 97.11. The next price resistance is at 98.24. RSI (Relative Strength Index) is 49.86 on the 14-day chart, showing neutral technical sentiment.
