This is Moffett’s first transaction since reporting a Sell transaction on PYPL back in August 2020 In addition to David Moffett, 3 other CSX executives reported Sell trades in the last month.
The company has a one-year high of $103.74 and a one-year low of $60.00. CSX’s market cap is $76.31 billion and the company has a P/E ratio of 28.90.
Based on 13 analyst ratings, the analyst consensus is Strong Buy with an average price target of $107.46, reflecting a -5.5% downside.
The insider sentiment on CSX has been negative according to 36 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CSX Corporation provides rail-based freight transportation services, which includes traditional rail services and transportation of intermodal containers and trailers. The company operates approximately 1,848 trains per day and maintains a fleet of over 3,500 locomotives and approximately 51,000 freight cars.