Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Concentrix Corp shares valued at $25,350 were sold by Twomey Cormac J on Apr 30 ’25. At $50.70 per share, Twomey Cormac J sold 500 shares. The insider’s holdings dropped to 38,630 shares worth approximately $2.11 million following the completion of this transaction.
Also, CORMAC TWOMEY purchased 500 shares, netting a total of over 25,350 in proceeds.
Before that, Caldwell Christopher A had added 1,000 shares to its account. In a trade valued at $46,000, the President and CEO bought Concentrix Corp shares for $46.00 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $16.61 million.
As published in a research note from Barrington Research on March 24, 2025, Concentrix Corp [CNXC] has been retained to an Outperform and the price target has been revised to $54. Analysts at Robert W. Baird started covering the stock with ‘”an Outperform”‘ outlook in a report released in early October. As of August 28, 2024, BofA Securities has increased its “an Underperform” rating to a “Neutral” for CNXC. Earlier on March 27, 2024, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for CNXC stock which previously was a “a Neutral”.
Analyzing CNXC Stock Performance
During the last five days, there has been a surge of approximately 8.65%. Over the course of the year, Concentrix Corp shares have jumped approximately 26.53%. Shares of the company reached a 52-week high of $66.00 on 03/27/25 and a 52-week low of $41.42 on 03/05/25. A 50-day SMA is recorded $49.26, while a 200-day SMA reached $51.44.
Support And Resistance Levels for Concentrix Corp (CNXC)
According to the 24-hour chart, there is a support level at 54.20, which, if violated, would cause prices to drop to 53.64. In the upper region, resistance lies at 55.40. The next price resistance is at 56.05. RSI (Relative Strength Index) is 62.72 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.22, which suggests the price will increase in the coming days. Percent R is at 31.05%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
