Diana Sorfleet Sells 66,667 Shares of CSX (NASDAQ:CSX) 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 sale, the chief accounting officer directly owned 170,777 shares of the company’s stock, valued at $6,400,721.96. This represents a 28.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

CSX Trading Down 0.3%

CSX stock opened at $37.76 on Friday. CSX Corporation has a 12-month low of $26.22 and a 12-month high of $38.11. The business’s 50-day moving average is $36.26 and its 200 day moving average is $35.26. The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 1.38. The stock has a market cap of $70.31 billion, a price-to-earnings ratio of 24.52, a PEG ratio of 1.92 and a beta of 1.30.

CSX (NASDAQ:CSX) last announced 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 analyst estimates of $3.59 billion. CSX had a net margin of 20.50% and a return on equity of 23.88%. CSX’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.42 EPS. On average, sell-side analysts anticipate that CSX Corporation will post 1.83 EPS for the current fiscal year.

Key Stories Impacting CSX

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 research analysts have recently weighed in on CSX shares. Sanford C. Bernstein restated a “market perform” rating and set a $36.00 target price (down from $37.00) on shares of CSX in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on CSX from $40.00 to $43.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Argus raised their target price on CSX from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday. Barclays reiterated an “overweight” rating on shares of CSX in a report on Monday, October 20th. Finally, Robert W. Baird set a $40.00 price objective on shares of CSX and gave the company an “outperform” rating in a report on Monday, October 20th. Eighteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $39.42.

Institutional Trading of CSX

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CSX. KTF Investments LLC purchased a new position in shares of CSX during the fourth quarter worth $1,325,000. Torren Management LLC acquired a new position in CSX during the 4th quarter worth about $81,000. NBC Securities Inc. boosted its holdings in CSX by 49.2% during the 4th quarter. NBC Securities Inc. now owns 4,232 shares of the transportation company’s stock valued at $153,000 after acquiring an additional 1,395 shares during the period. Quent Long Short Global Small Cap Fund LP purchased a new position in CSX during the 4th quarter valued at about $216,000. Finally, Kingswood Wealth Advisors LLC grew its position in CSX by 66.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 13,852 shares of the transportation company’s stock valued at $502,000 after acquiring an additional 5,528 shares in the last quarter. 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.