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New Big Money Means C.H. Robinson Worldwide, Inc. (CHRW) Investors Could Reap Benefit

C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) is 20.34% higher on its value in year-to-date trading and has touched a low of $65.00 and a high of $105.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CHRW stock was last observed hovering at around $103.60 in the last trading session, with the day’s gains setting it 0.36%.

Currently trading at $103.96, the stock is 4.78% and 12.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing 0.35% at the moment leaves the stock 25.51% off its SMA200. CHRW registered 11.74% gain for a year compared to 6-month gain of 39.75%.

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The stock witnessed a 16.36% loss in the last 1 month and extending the period to 3 months gives it a 23.78%, and is 3.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.22% over the week and 2.37% over the month.

C.H. Robinson Worldwide, Inc. (CHRW) has around 15246 employees, a market worth around $12.19B and $17.46B in sales. Current P/E ratio is 37.49 and Fwd P/E is 22.28. Profit margin for the company is 1.90%. Distance from 52-week low is 59.94% and -1.38% from its 52-week high. The company has generated returns on investments over the last 12 months (10.28%).

The EPS is expected to grow by 25.47% this year

926.0 institutions hold shares in C.H. Robinson Worldwide, Inc. (CHRW), with institutional investors hold 97.46% of the company’s shares. The shares outstanding are 116.77M, and float is at 116.14M with Short Float at 5.27%. Institutions hold 96.54% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.19 million shares valued at $1.25 billion. The investor’s holdings represent 11.8893 of the CHRW Shares outstanding. As of 2024-06-30, the second largest holder is FIRST EAGLE INVESTMENT MANAGEMENT, LLC with 11.47 million shares valued at $1.01 billion to account for 9.6069 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.2 million shares representing 8.5493 and valued at over $899.1 million, while STATE STREET CORP holds 5.8936 of the shares totaling 7.03 million with a market value of $624.18 million.

C.H. Robinson Worldwide, Inc. (CHRW) Insider Activity

C.H. Robinson Worldwide, Inc. disclosed in a document filed with the SEC on Aug 16 ’24 that Freeman Angela K. (CHRO and ESG Officer) sold a total of 8,387 shares of the company’s common stock. The trade occurred on Aug 16 ’24 and was made at $99.44 per share for $0.83 million. Following the transaction, the insider now directly holds 84639.0 shares of the CHRW stock.

Still, SEC filings show that on Aug 16 ’24, Freeman Angela K. (Officer) Proposed Sale 8,387 shares at an average price of $99.44 for $0.83 million. The insider now directly holds shares of C.H. Robinson Worldwide, Inc. (CHRW).

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