Rhumbline Advisers reduced its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 3.7% in the third quarter, selling 9,297 shares and retaining 243,185 shares valued at $32,198,000. This comes amidst varied market sentiment, including analyst upgrades and dividend announcements alongside concerns about AI disruption and recent insider selling. C.H. Robinson stock currently holds a “Moderate Buy” rating from analysts with an average price target of $181.29.
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Rhumbline Advisers Sells 9,297 Shares of C.H. Robinson Worldwide, Inc. $CHRW
Rhumbline Advisers reduced its stake in C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) by 3.7% in the third quarter, selling 9,297 shares and retaining 243,185 shares valued at $32,198,000. This comes amidst varied market sentiment, including analyst upgrades and dividend announcements alongside concerns about AI disruption and recent insider selling. C.H. Robinson stock currently holds a “Moderate Buy” rating from analysts with an average price target of $181.29.