Insider Selling: CSX (NASDAQ:CSX) EVP Sells $1,215,774.40 in Stock

CSX Corporation (NASDAQ:CSX) EVP Stephen Fortune sold 31,456 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $38.65, for a total transaction of $1,215,774.40. Following the sale, the executive vice president directly owned 82,034 shares of the company’s stock, valued at approximately $3,170,614.10. This represents a 27.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

CSX Stock Performance

Shares of NASDAQ CSX opened at $40.61 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 1.38. The firm’s 50-day moving average price is $36.71 and its two-hundred day moving average price is $35.45. CSX Corporation has a 52-week low of $26.22 and a 52-week high of $40.71. The stock has a market capitalization of $75.62 billion, a P/E ratio of 26.37, a P/E/G ratio of 2.04 and a beta of 1.30.

CSX (NASDAQ:CSX) last announced its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). CSX had a return on equity of 23.88% and a net margin of 20.50%.The company had revenue of $3.51 billion for the quarter, compared to analyst estimates of $3.59 billion. During the same quarter in the previous year, the company posted $0.42 earnings per share. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. As a group, sell-side analysts forecast that CSX Corporation will post 1.83 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CSX shares. Raymond James Financial upped their price target on shares of CSX from $40.00 to $41.00 and gave the stock an “outperform” rating in a research report on Friday, January 23rd. Evercore decreased their target price on shares of CSX from $41.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, January 23rd. UBS Group set a $45.00 price target on CSX and gave the company a “buy” rating in a report on Friday, October 17th. JPMorgan Chase & Co. reduced their price objective on CSX from $43.00 to $41.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Finally, Citigroup lowered their target price on CSX from $42.00 to $41.00 and set a “buy” rating on the stock in a research report on Friday, January 23rd. Nineteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $39.77.

CSX News Summary

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Positive media/analyst momentum: coverage and bullish articles have helped push CSX into fresh 12‑month/52‑week highs, supporting buying interest. CSX Hits New 12‑Month High
• Positive Sentiment: Longer‑term EPS outlook remains above current consensus in Zacks’ model for FY2027–FY2028 (Zacks publishes FY2027/FY2028 estimates of $2.03 and $2.09), which underpins some investor confidence about multi‑year earnings power. (Zacks Research note)
• Neutral Sentiment: Industry update: Class I briefings mention CSX alongside peers (operational/contextual news for rail sector); useful for sector positioning but not an immediate earnings driver. Class I Briefs: CSX, BNSF
• Neutral Sentiment: Analyst target trims are mixed: several shops slightly cut price targets (Evercore, JPMorgan) but maintained constructive ratings — a tempered bullish view that supports the stock while capping upside. Analyst coverage summary
• Negative Sentiment: Insider selling: EVP Stephen Fortune sold 31,456 shares (~$1.22M), reducing his stake ~27.7% — insider sales can weigh on sentiment and prompt investor questions about timing/intent. Insider trade report
• Negative Sentiment: Zacks’ near‑term estimate cuts: Zacks lowered several quarterly and FY2026/FY2027 EPS forecasts (Q1–Q4 2026 and multiple quarters in 2026–2027 were trimmed), which could pressure short‑term expectations and earnings momentum. (Zacks Research notes)

Hedge Funds Weigh In On CSX

Several large investors have recently made changes to their positions in the business. Rhumbline Advisers raised its holdings in shares of CSX by 0.3% in the 3rd quarter. Rhumbline Advisers now owns 3,450,199 shares of the transportation company’s stock worth $122,516,000 after purchasing an additional 8,639 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC increased its holdings in shares of CSX by 81.9% in the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 944,946 shares of the transportation company’s stock valued at $33,555,000 after buying an additional 425,395 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of CSX by 0.8% during the 2nd quarter. Captrust Financial Advisors now owns 405,828 shares of the transportation company’s stock valued at $13,242,000 after acquiring an additional 3,162 shares during the last quarter. Cohen Capital Management Inc. boosted its stake in shares of CSX by 0.4% during the 3rd quarter. Cohen Capital Management Inc. now owns 278,373 shares of the transportation company’s stock worth $9,885,000 after acquiring an additional 1,100 shares in the last quarter. Finally, Miller Howard Investments Inc. NY grew its holdings in shares of CSX by 7.8% in the 4th quarter. Miller Howard Investments Inc. NY now owns 223,507 shares of the transportation company’s stock worth $8,102,000 after acquiring an additional 16,139 shares during the last quarter. Institutional investors own 73.57% of the company’s stock.

About CSX

CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.

CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.