Diana Sorfleet, Executive Vice President and Chief Administrative Officer of CSX Corp (CSX, Financial), executed a sale of 37,087 shares in the company on February 7, 2024, according to a recent SEC filing. The transaction was carried out at an average price of $37.17 per share, resulting in a total value of $1,378,004.79.
CSX Corp operates one of the largest rail networks in North America, offering rail-based freight transportation services, including traditional rail service and the transport of intermodal containers and trailers. The company is a leading supplier of rail-based freight transportation in North America, but it also provides logistics services and operates critical rail networks in the eastern United States.
Over the past year, the insider has sold a total of 37,087 shares of CSX Corp and has not made any purchases. The recent sale by the insider is part of a trend observed over the last year, where there have been 2 insider sells and 0 insider buys.
On the valuation front, CSX Corp's shares were trading at $37.17 on the day of the insider's sale, giving the company a market capitalization of $73.097 billion. The price-earnings ratio stands at 20.13, which is above both the industry median of 13.71 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1, with a GF Value of $37.06, indicating that CSX Corp is Fairly Valued according to the intrinsic value estimate developed by GuruFocus. This GF Value is based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
Investors and stakeholders in CSX Corp may consider the insider's recent transaction as a point of data when assessing the company's current stock value and future performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
