C H Robinson Worldwide Inc (CHRW): Robert C Jr Biesterfeld , President, N American Surface of C H Robinson Worldwide Inc sold 2,405 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $72.65 per share for a total value of $174,731.19 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 3, 2016, Jordan T Kass (President, Managed Services) sold 4,076 shares at $70.90 per share price.On Feb 9, 2016, Chris Obrien (Senior Vice President) sold 7,780 shares at $66.96 per share price.Also, On Feb 9, 2016, John Wiehoff (CEO) sold 44,382 shares at $67.71 per share price.On Feb 3, 2016, Angela K. Freeman (VP, Human Resources) sold 2,225 shares at $64.88 per share price.
C.H. Robinson Worldwide: On Friday, May 6, 2016 heightened volatility was witnessed in C.H. Robinson Worldwide which led to swings in the share price. The shares opened for trading at $70.95 and hit $72.91 on the upside , eventually ending the session at $72.82, with a gain of 2.78% or 1.97 points. The heightened volatility saw the trading volume jump to 17,89,637 shares. The 52-week high of the share price is $76.1 and the company has a market cap of $10,431 M . The 52-week low of the share price is at $59.71.
Company has been under the radar of several Street Analysts.C.H. Robinson Worldwide is Reiterated by Cowen to Market Perform and the brokerage firm has raised the Price Target to $ 71 from a previous price target of $69 .The Rating was issued on Apr 27, 2016.C.H. Robinson Worldwide is Downgraded by BB&T Capital Mkts to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 27, 2016.C.H. Robinson Worldwide is Upgraded by KeyBanc Capital Mkts to Overweight. Earlier the firm had a rating of Sector Weight on the company shares. The Rating was issued on Apr 15, 2016.C.H. Robinson Worldwide is Upgraded by Buckingham Research to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 11, 2016.
C.H. Robinson Worldwide Inc. is a third party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes in a variety of industries. The Company operates through a network of 281 offices in North America Europe Asia and South America. It has developed global transportation and distribution networks to provide transportation and supply chain services worldwide. It also provides sourcing services through Robinson Fresh. Sourcing business involves the buying selling and marketing of fresh fruits vegetables and other perishable items. The Company supplies fresh produce through its network of independent produce growers and suppliers. Its customers include grocery retailers and restaurants produce wholesalers and foodservice distributors. It also arranges the logistics and transportation of the products it sells and provides related supply chain services such as replenishment category management and merchandising.