C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) insider Robert C. Biesterfeld, Jr. sold 600 shares of the stock in a transaction that occurred on Wednesday, November 9th. The stock was sold at an average price of $71.30, for a total transaction of $42,780.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) opened at 73.51 on Tuesday. C.H. Robinson Worldwide Inc. has a one year low of $59.71 and a one year high of $76.10. The stock’s 50 day moving average is $69.84 and its 200-day moving average is $70.96. The firm has a market capitalization of $10.41 billion, a PE ratio of 20.36 and a beta of 0.33.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings results on Tuesday, October 25th. The company reported $0.90 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by $0.06. The firm had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.33 billion. C.H. Robinson Worldwide had a net margin of 4.00% and a return on equity of 42.48%. The company’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.96 EPS. On average, analysts anticipate that C.H. Robinson Worldwide Inc. will post $3.59 EPS for the current fiscal year.

A number of analysts have weighed in on CHRW shares. Vetr lowered shares of C.H. Robinson Worldwide from a “buy” rating to a “hold” rating and set a $73.30 target price on the stock. in a research report on Monday, October 10th. Buckingham Research restated a “buy” rating and issued a $87.00 target price (up previously from $79.00) on shares of C.H. Robinson Worldwide in a research report on Sunday, October 9th. Barclays PLC cut their target price on shares of C.H. Robinson Worldwide from $81.00 to $78.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 27th. Deutsche Bank AG started coverage on shares of C.H. Robinson Worldwide in a research report on Wednesday, November 2nd. They issued a “hold” rating and a $71.00 target price on the stock. Finally, Zacks Investment Research lowered shares of C.H. Robinson Worldwide from a “hold” rating to a “sell” rating in a research report on Friday, November 4th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $74.66.

Large investors have recently made changes to their positions in the stock. Integrated Investment Consultants LLC boosted its stake in shares of C.H. Robinson Worldwide by 176.2% in the second quarter. Integrated Investment Consultants LLC now owns 1,450 shares of the company’s stock valued at $108,000 after buying an additional 925 shares during the last quarter. Virtus Investment Advisers Inc. purchased a new stake in shares of C.H. Robinson Worldwide during the third quarter valued at $108,000. Van ECK Associates Corp boosted its stake in shares of C.H. Robinson Worldwide by 34.2% in the second quarter. Van ECK Associates Corp now owns 1,699 shares of the company’s stock valued at $126,000 after buying an additional 433 shares during the last quarter. Mizuho Asset Management Co. Ltd. boosted its stake in shares of C.H. Robinson Worldwide by 76.0% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,765 shares of the company’s stock valued at $131,000 after buying an additional 762 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. boosted its stake in shares of C.H. Robinson Worldwide by 35.3% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 2,300 shares of the company’s stock valued at $162,000 after buying an additional 600 shares during the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc (C.H. Robinson) 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. C.H. Robinson has handled approximately 16.9 million shipments, and worked with over 110,000 active customers.

5 Day Chart for NASDAQ:CHRW

Receive News & Stock Ratings for C.H. Robinson Worldwide Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C.H. Robinson Worldwide Inc. and related stocks with our FREE daily email newsletter.