Analyst Research

Recent Insider Activity: Norfolk Southern Corp. (NYSE:NSC)

Norfolk Southern Corp. (NYSE:NSC) exchanged hands 1.58M shares versus average trading capacity of 1.46M shares, while its shares’ total market worth is $27.46B along with 293.55M outstanding shares.

The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For Norfolk Southern Corp. (NYSE:NSC) total 2 number of trades held during last 3 months and 34 during last 12 months, out of them 0 numbers of buys held in last 3 months and 8 buys in last 12 months. Whereas 2 numbers of sells held in last 3 months and 26 sells over the past 12 months.

Insiders has most recently took part in a trading activity, Hurlbut Thomas E, Vice President and Controller of the company in a transaction that occurred 8/17/2016 sold 1,017 shares of the stock. The stock was sold at a price of $89.30, for a total value of $90,818. Subsequent to the transaction Hurlbut Thomas E owned a total of 11,580 shares of the stock.

In a separate transaction on 8/3/2016, Hurlbut Thomas E, Vice President and Controller sold 528 shares of the stock. The stock was sold at a price of $88.35, for a total worth of $46,647. Succeeding to the transaction Hurlbut Thomas E owned overall 11,580 shares of the stock.

Currently, 0.10% shares of Norfolk Southern Corp. (NYSE:NSC) are owned by insiders with -2.85% six-month change in the insider ownership. Moorman Charles W is one of the major insider shareholder of the company’s stock, the insider owns 344,693 shares reported on Mar 5, 2015. Seale Donald W is second leading insider shareholder, as of Jan 29, 2015 the insider owns 207,501 shares of the stock. Hixon James A is another major insider shareholder of the stock, as per record date of Apr 25, 2016 insider owns 134,091 shares of the stock.

Norfolk Southern Corp. (NYSE:NSC) ended last trading session at the price of $91.67 whereas a number of traders indicating mean target price will hit $91.62 over the next twelve months, mean value of price target most recently revised on 08/14/16. Norfolk Southern Corp. (NYSE:NSC)’s highest estimates of price target are $104.00 and low forecast is $64.00 based on the opinion of 21 analysts. The price target estimates represents a standard deviation of 11.63. However brokerage recommendations suggests an ABR of 2.79 based on calls of 18 experts, where 3 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 12 suggest Hold, 0 are rating the stock as Sell while 2 as Strong Sell.

Norfolk Southern Corp. (NYSE:NSC) is expected to release the earnings of its current quarter on 10/26/16. The company is expected to release $1.44 EPS during current quarter according to 23 analysts whereas the company reported $1.49 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $1.37 and high estimate of $1.53. Norfolk Southern Corp. (NYSE:NSC)’s average revenue estimates for the current quarter are 2.52B according to 15 number of analysts. However its lowest revenue estimates are 2.44B and highest revenue estimates are 5.62B. A year ago the company’s sales were 2.71B. Its yearly sales growth estimates are -7.20%.

Previous ArticleNext Article

Leave a Reply