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In recent news, Fortune Stephen, Executive Vice President and Chief Digital & Technology Officer at CSX Corp (NASDAQ:CSX), sold a portion of the company’s common stock. According to a recent SEC filing, Stephen sold 1,500 shares on March 4, 2025, at a price of $31.41 per share. This transaction amounted to a total value of $47,115. Following this sale, Stephen retains ownership of 83,939 shares in the company.
This move comes as part of Stephen’s ongoing management of his holdings in CSX, a major player in the rail transport sector. Investors often keep a close eye on such insider transactions for insights into the company’s stock performance and executive sentiment. InvestingPro subscribers have access to 12 additional exclusive insights about CSX, including detailed analysis of management’s share buyback program and the company’s impressive dividend history.
In other recent news, CSX Corporation’s fourth-quarter earnings per share (EPS) met expectations at $0.42, although the company faced a revenue shortfall. Despite these challenges, several analyst firms have weighed in with their perspectives on CSX’s future. Benchmark analyst Nathan Martin reaffirmed a Buy rating with a $38 target, noting CSX’s valuation relative to peers and projected EPS growth. Meanwhile, RBC Capital Markets adjusted its price target from $34 to $33, maintaining a Sector Perform rating due to anticipated cost pressures affecting earnings growth.
Baird analysts also revised their outlook, lowering the price target to $38 from $39, while keeping an Outperform rating. They highlighted operational challenges such as infrastructure projects and market fluctuations impacting coal pricing. Stifel analysts maintained a Buy rating and a $37 target, citing potential operational improvements as disruptive factors ease. BMO Capital Markets adjusted its price target to $38 from $40, maintaining an Outperform rating, and pointed to medium-term growth opportunities despite near-term challenges. These recent developments reflect a mix of cautious optimism and recognition of the hurdles CSX faces in the transportation industry.
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