CSX CEO Angel buys $2.03 million in company stock

CSX (NYSE:CSX) President and CEO Stephen F. Angel acquired 55,000 shares of CSX common stock on October 20, 2025, in a transaction valued at $2.03 million. The shares were purchased at a weighted average price ranging from $36.80 to $36.94. The purchase comes as CSX stock trades near its 52-week high of $37.25, following a notable 34% surge over the past six months. According to InvestingPro analysis, the transportation giant, currently valued at $66.6 billion, appears slightly overvalued at current levels.

According to a Form 4 filing with the Securities and Exchange Commission, following the transaction, Angel directly owns 58,234 shares of CSX. The company has maintained dividend payments for 45 consecutive years, with an 8.3% dividend growth in the last twelve months. For deeper insights into insider trading patterns and 10+ additional exclusive ProTips, check out the comprehensive CSX analysis on InvestingPro.

In other recent news, CSX Corporation reported strong third-quarter earnings, with adjusted earnings per share of $0.44, surpassing both analyst estimates and consensus forecasts. This performance was driven by higher-than-expected other revenue and robust operational results. UBS raised its price target for CSX to $45, citing the company’s strong earnings, while Jefferies increased its target to $42, highlighting a solid beat despite $35 million in restructuring charges. RBC Capital maintained its price target at $41, noting a clear operational turnaround as a positive factor. Benchmark also reiterated its Buy rating and a $40 price target following the impressive quarterly results.

In a significant development, CSX’s CEO Joe Hinrichs was ousted due to concerns about his handling of a potential merger with Union Pacific and ongoing compensation disputes. According to reports, the CSX board was dissatisfied with Hinrichs’ engagement with Union Pacific’s merger approach. These recent developments have attracted attention from various analyst firms, reflecting a mix of operational success and leadership challenges at CSX.

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