In a filing, ArcBest Corp revealed 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 $2.22 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 $1.58 million.
BofA Securities upgraded its ArcBest Corp [ARCB] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early June from “a Neutral” to “a Buy”. TD Cowen also remained covering ARCB and reiterated its “Hold” recommendation on April 30, 2025. Truist started covering the stock on March 13, 2025. It rated ARCB as “a Buy”.
Price Performance Review of ARCB
On Tuesday, ArcBest Corp [NASDAQ:ARCB] saw its stock fall -1.93% to $67.92. Over the last five days, the stock has lost -4.20%. ArcBest Corp shares have fallen nearly -27.22% since the year began. Nevertheless, the stocks have fallen -37.29% 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.
Levels Of Support And Resistance For ARCB Stock
The 24-hour chart illustrates a support level at 67.21, which if violated will result in even more drops to 66.50. On the upside, there is a resistance level at 69.23. A further resistance level may holdings at 70.54.
