C.H. Robinson CHRO Angela Freeman sells $803,120 in stock

Published 03/03/2025, 23:26
C.H. Robinson CHRO Angela Freeman sells $803,120 in stock

Angela K. Freeman, the Chief Human Resources and ESG Officer at C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW), a prominent $11.9 billion air freight and logistics company, recently sold 8,000 shares of the company’s common stock. According to InvestingPro analysis, the company currently trades near its Fair Value, with analysts setting price targets between $71 and $140. The transaction took place on February 27, 2025, at a price of $100.39 per share, amounting to a total value of $803,120. The company has demonstrated strong shareholder returns, maintaining dividend payments for 29 consecutive years, with a current yield of 2.44%.

Following this sale, Freeman holds 77,027 shares of C.H. Robinson stock. This figure includes 65,459 shares of common stock issuable upon settlement of restricted stock units and deferred shares credited to her NQDC Plan account, 10,750 shares held directly, and 818 shares acquired through the company’s employee stock purchase plan.

The sale was executed as part of Freeman’s ongoing management of her investment portfolio.

In other recent news, C.H. Robinson Worldwide Inc. reported its fourth-quarter 2024 earnings, with an earnings per share (EPS) of $1.21, surpassing analysts’ expectations of $1.11. Despite this earnings beat, the company’s revenue fell short of forecasts, recording $4.2 billion compared to the anticipated $4.43 billion. The company demonstrated significant operational improvements, with adjusted operating income rising by 79% year-over-year and Adjusted Gross Profit (AGP) increasing by 10.7%. C.H. Robinson also announced a regular quarterly cash dividend of $0.62 per share, maintaining its long-standing tradition of consistent dividend payouts.

Additionally, the company has been actively managing its expenses, with a reported reduction in operating expenses by $15.3 million. The logistics giant continues to focus on strategic initiatives, including leveraging advanced freight technology and sustainable supply chain practices. The company projects personnel expenses for 2025 to range between $1.375 billion and $1.475 billion, with capital expenditures forecasted at $75 million to $85 million. Despite the mixed financial results, C.H. Robinson remains committed to preparing for a market recovery, focusing on disciplined execution and operational efficiency.

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