Sidoti Upgrades Cbiz Inc (CBZ) to a Buy from a Neutral

Cbiz Inc’s recent filing unveils that its Officer GROVE WARE H acquired Company’s shares for reported $0.12 million on May 20 ’25. In the deal valued at $22.04 per share,5,500 shares were bought.

Then, GROVE WARE H bought 4,488 shares, generating $323,136 in total proceeds.

Before that, GROVE WARE H sold 4,029 shares. Cbiz Inc shares valued at $282,679 were divested by the C.F.O. at a price of $70.16 per share. As a result of the transaction, GROVE WARE H now holds 301,518 shares, worth roughly $21.57 million.

Sidoti upgraded its Cbiz Inc [CBZ] rating to a Buy from a a Neutral in a research note published on August 12, 2024; the price target was increased to $86 from $80. A number of analysts have revised their coverage, including Sidoti’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. Sidoti also remained covering CBZ and has increased its forecast on October 30, 2023 with a “Buy” recommendation from previously “Neutral” rating. Sidoti revised its rating on September 05, 2023. It rated CBZ as “a Neutral” which previously was an “a Buy”.

Price Performance Review of CBZ

On Tuesday, Cbiz Inc [NYSE:CBZ] saw its stock jump 3.20% to $71.53. Over the last five days, the stock has gained 4.56%. Cbiz Inc shares have fallen nearly -5.33% since the year began. Nevertheless, the stocks have fallen -12.59% over the past one year. While a 52-week high of $90.13 was reached on 02/26/25, a 52-week low of $62.65 was recorded on 04/28/25.

Levels Of Support And Resistance For CBZ Stock

The 24-hour chart illustrates a support level at 69.80, which if violated will result in even more drops to 68.07. On the upside, there is a resistance level at 72.43. A further resistance level may holdings at 73.33.

How much short interest is there in Cbiz Inc?

A steep rise in short interest was recorded in Cbiz Inc stocks on 2025-05-30, growing by 0.48 million shares to a total of 2.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 1.91 million shares. There was a rise of 19.97%, which implies that there is a positive sentiment for the stock.

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