Insider Selling: CSX (NASDAQ:CSX) CAO Sells $2,498,679.16 in Stock

CSX Corporation (NASDAQ:CSX) CAO Diana Sorfleet sold 66,667 shares of the business’s stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $37.48, for a total transaction of $2,498,679.16. Following the completion of the transaction, the chief accounting officer owned 170,777 shares of the company’s stock, valued at $6,400,721.96. This represents a 28.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

CSX Stock Down 0.3%

NASDAQ:CSX opened at $37.76 on Friday. The company’s 50-day simple moving average is $36.26 and its 200-day simple moving average is $35.27. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.71 and a current ratio of 0.81. CSX Corporation has a fifty-two week low of $26.22 and a fifty-two week high of $38.11. The stock has a market capitalization of $70.31 billion, a P/E ratio of 24.52, a P/E/G ratio of 1.92 and a beta of 1.30.

CSX (NASDAQ:CSX) last posted its earnings results on Thursday, January 22nd. The transportation company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The firm had revenue of $3.51 billion for the quarter, compared to analysts’ expectations of $3.59 billion. CSX had a net margin of 20.50% and a return on equity of 23.88%. The company’s revenue was down .9% on a year-over-year basis. During the same period in the previous year, the company earned $0.42 EPS. On average, equities analysts anticipate that CSX Corporation will post 1.83 earnings per share for the current fiscal year.

More CSX News

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Analysts still bullish — Argus published a forecast calling for strong price appreciation, adding support to the stock’s upside narrative and reinforcing existing buy/price‑target momentum. Argus Forecasts Strong Price Appreciation for CSX
• Positive Sentiment: Technicals improving — CNBC highlights a “compelling” chart pattern forming in CSX, which can attract technical traders and shorten the path to upside if volume confirms the breakout. A compelling chart pattern is emerging in this railroad stock
• Positive Sentiment: Wall Street sentiment remains constructive — coverage summaries show a majority of analysts with Buy/Outperform ratings and an average price target above the current share price, which cushions downside and supports longer‑term investor interest. CSX Corporation Stock: Is Wall Street Bullish or Bearish?
• Neutral Sentiment: Q4 earnings call scrutiny — summaries of analyst questions from the Q4 call highlight management priorities and areas to watch (volumes, pricing cadence, cost control); these can shape near‑term guidance but are not definitive catalysts themselves. 5 insightful analyst questions from CSX’s Q4 earnings call
• Negative Sentiment: Fundamentals under pressure — sector reports note weak freight volumes dragging revenue at CSX despite pricing gains, reinforcing concerns that volume weakness could persist and press margins/revenue growth. Weak Volumes Drag Rail Revenue at UP, CSX Despite Pricing Gains
• Negative Sentiment: Local job cuts announced — CSX will transfer 21 jobs out of its Waterville, Maine shop, a small but visible cost action that can signal operational realignment and drive local negative sentiment. CSX to transfer 21 jobs from Waterville, Maine, shop
• Negative Sentiment: Insider selling — CSX CAO Diana Sorfleet sold 66,667 shares (~$2.5M) recently; while not unusual, large insider sales can raise short‑term concern among investors about timing or diversification. Insider selling: Diana B. Sorfleet
• Negative Sentiment: Relative underperformance — market commentary notes CSX underperformed peers on a recent trading day despite intraday gains, which may prompt relative‑value selling from funds rebalancing toward stronger rail performers. CSX Corp. stock underperforms…

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CSX. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $40.00 target price on shares of CSX in a research report on Thursday, December 18th. Barclays restated an “overweight” rating on shares of CSX in a report on Monday, October 20th. The Goldman Sachs Group lifted their target price on shares of CSX from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Friday, October 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of CSX in a research report on Monday, December 29th. Finally, Raymond James Financial raised their price target on shares of CSX from $40.00 to $41.00 and gave the stock an “outperform” rating in a report on Friday, January 23rd. Nineteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $39.54.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CSX. Twin Peaks Wealth Advisors LLC purchased a new stake in CSX in the second quarter valued at $25,000. FNY Investment Advisers LLC lifted its holdings in shares of CSX by 437.3% in the 3rd quarter. FNY Investment Advisers LLC now owns 720 shares of the transportation company’s stock valued at $25,000 after buying an additional 586 shares during the period. WFA of San Diego LLC acquired a new position in shares of CSX in the 2nd quarter valued at about $28,000. Pinnacle Bancorp Inc. boosted its stake in shares of CSX by 121.5% in the third quarter. Pinnacle Bancorp Inc. now owns 1,329 shares of the transportation company’s stock worth $47,000 after buying an additional 729 shares during the last quarter. Finally, Aventura Private Wealth LLC acquired a new stake in CSX during the fourth quarter worth about $63,000. Hedge funds and other institutional investors own 73.57% of the company’s stock.

CSX Company Profile

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.