The Potential Rise in the Price of Concentrix Corp (CNXC) following insiders activity

In a filing, Concentrix Corp revealed its EVP, Global Ops & Delivery Twomey Cormac J unloaded Company’s shares for reported $28530.0 on May 30 ’25. In the deal valued at $57.06 per share,500 shares were sold. As a result of this transaction, Twomey Cormac J now holds 38,130 shares worth roughly $2.16 million.

Then, CORMAC TWOMEY bought 500 shares, generating $28,530 in total proceeds.

Before that, Twomey Cormac J sold 500 shares. Concentrix Corp shares valued at $25,350 were divested by the EVP, Global Ops & Delivery at a price of $50.70 per share. As a result of the transaction, Twomey Cormac J now holds 38,630 shares, worth roughly $2.19 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 1.42% to $56.62. Over the last five days, the stock has gained 3.17%. Concentrix Corp shares have risen nearly 30.85% since the year began. Nevertheless, the stocks have fallen -7.48% over the past one year.

How much short interest is there in Concentrix Corp?

A steep rise in short interest was recorded in Concentrix Corp stocks on 2025-05-15, dropping by -1.02 million shares to a total of 5.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 6.82 million shares. There was a decline of -17.57%, 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.

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