CSX (NASDAQ:CSX) EVP Stephen Fortune Sells 31,456 Shares of Stock

CSX Corporation (NASDAQ:CSX) EVP Stephen Fortune sold 31,456 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was 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 in the company, valued at $3,170,614.10. This represents a 27.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

CSX Trading Up 1.8%

Shares of CSX stock opened at $39.87 on Thursday. CSX Corporation has a fifty-two week low of $26.22 and a fifty-two week high of $40.01. The company has a 50 day moving average price of $36.52 and a 200 day moving average price of $35.38. The stock has a market capitalization of $74.24 billion, a P/E ratio of 25.89, a price-to-earnings-growth ratio of 1.99 and a beta of 1.30. 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 (NASDAQ:CSX) last issued its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.02). The business had revenue of $3.51 billion during 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 business’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the business earned $0.42 EPS. Equities research analysts predict that CSX Corporation will post 1.83 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. LRI Investments LLC lifted its stake in CSX by 11.5% in the fourth quarter. LRI Investments LLC now owns 9,472 shares of the transportation company’s stock valued at $343,000 after buying an additional 978 shares during the last quarter. Crestwood Advisors Group LLC increased its holdings in shares of CSX by 10.0% in the 4th quarter. Crestwood Advisors Group LLC now owns 8,583 shares of the transportation company’s stock valued at $311,000 after acquiring an additional 783 shares during the period. KTF Investments LLC purchased a new stake in CSX in the 4th quarter valued at $1,325,000. Torren Management LLC acquired a new stake in CSX during the 4th quarter worth $81,000. Finally, NBC Securities Inc. boosted its stake in CSX by 49.2% during the 4th quarter. NBC Securities Inc. now owns 4,232 shares of the transportation company’s stock worth $153,000 after purchasing an additional 1,395 shares during the period. Institutional investors and hedge funds own 73.57% of the company’s stock.

CSX News Roundup

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Analyst upgrade pushed CSX to a new 12‑month high, supporting bullish momentum from research coverage. CSX (NASDAQ:CSX) Hits New 12-Month High Following Analyst Upgrade
• Positive Sentiment: Shares also hit a 52‑week high, signaling strong short‑term buying interest and reinforcing positive technical momentum. Csx stock reaches 52-week high at 38.12 USD
• Neutral Sentiment: CSX announced leadership changes including an executive retirement and a new HR chief; this is a governance/operations item that may affect execution over time but is not an immediate earnings driver. CSX Announces Leadership Changes to its Executive Team
• Neutral Sentiment: Evercore trimmed its price target slightly to $40 from $41 but kept an Outperform rating, noting 2026 margin prospects offset a Q4 EPS miss — a mixed analyst view that supports the stock but tempers upside. Is CSX Corporation (CSX) One of the Best Large Cap Stocks to Buy Under $50?
• Neutral Sentiment: Reported short‑interest data shows no meaningful change and is not contributing to current price moves.
• Negative Sentiment: Insider selling: EVP Stephen Fortune sold 31,456 shares (~$1.22M) and cut his stake ~27.7% in early February — insider sales can be perceived negatively by the market. SEC Filing

Wall Street Analysts Forecast Growth

CSX has been the topic of a number of analyst reports. Morgan Stanley set a $30.00 price target on CSX and gave the company an “equal weight” rating in a research report on Monday, December 8th. Jefferies Financial Group set a $42.00 target price on shares of CSX and gave the stock a “buy” rating in a research note on Friday, October 17th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $36.00 price target (down previously from $37.00) on shares of CSX in a research note on Friday, January 23rd. Evercore ISI lowered their price target on shares of CSX from $41.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, January 23rd. Finally, Robert W. Baird set a $40.00 price objective on shares of CSX and gave the company an “outperform” rating in a research report on Monday, October 20th. Nineteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $39.77.

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.