Norfolk Southern (NSC) Insider Anderson Buys $79K of Stock
On June 30, 2026, Richard Anderson bought 251 shares of Norfolk Southern Corporation.
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Richard Anderson bought 251 shares of Norfolk Southern Corporation ($NSC) at an average price of $314.59, worth about $78,962.09, on June 30, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $NSC is up 2.6% after 1 week, up 6.2% after 1 month and up 4.3% to date (from the $313.35 close on Jun 30, 2026).
Key Points
- Richard Anderson purchased 251 shares of Norfolk Southern Corporation (NYSE:NSC) on June 30, 2026, at $314.59 per share, totaling $78,962.
- Norfolk Southern's stock traded near $314.59 on Wednesday, with a market cap of $70.7 billion and a P/E ratio of 26.5.
- Analysts have set price targets for NSC ranging from $310 to $360, with a consensus recommendation to hold the stock.
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Richard Anderson, an insider, recently bought 251 shares of Norfolk Southern Corporation (NYSE:NSC) on June 30, 2026. The shares were purchased at an average price of $314.59, amounting to a total value of $78,962. This transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at Norfolk Southern Corporation
Alongside Anderson's purchase, other insiders were active as well. John Jr. Huffard bought 169 shares at $314.59 on the same day. Previously, on May 20, 2026, Huffard also acquired 23 shares at $315.38 and 13 shares at $311.84. Phillip Davidson purchased 11 shares at $315.38 on May 20, while William Jr. Clyburn bought 8 shares at the same price on the same day.
Norfolk Southern Corporation Stock Down 2.8%
Shares of Norfolk Southern Corporation traded near $314.59 on Wednesday. The company has a market capitalization of approximately $70.7 billion. Its P/E ratio stands at 26.5, while the forward P/E is 23.0. Norfolk Southern's beta is 1.272, indicating its stock is moderately more volatile than the market. The stock's 52-week range is between $255.41 and $326.00, with a 50-day moving average of $311.33 and a 200-day moving average of $297.29.
Analysts Set New Price Targets
Analysts have been setting new price targets for Norfolk Southern. On April 28, 2026, Baird maintained a hold rating with a target price of $330. TD Cowen and Barclays, on April 27, 2026, both maintained buy ratings with targets of $337 and $360, respectively. RBC Capital also maintained a hold rating with a $360 target. The consensus among analysts is to hold the stock, with a mean target price of $334.18 based on 17 opinions.
About Norfolk Southern
Norfolk Southern Corporation operates in the rail transportation sector, moving a variety of goods across the United States. Headquartered in Atlanta, Georgia, and led by CEO Mark R. George, the company employs around 19,300 people. It transports agricultural, consumer, and industrial products, as well as coal and automotive items. Norfolk Southern also handles overseas freight through Atlantic and Gulf Coast ports and manages an intermodal network.
Bottom Line
Richard Anderson's purchase of Norfolk Southern shares adds to the ongoing insider activity at the company. Investors often watch insider transactions for signs of confidence in the company's future. Norfolk Southern continues to be a significant player in the rail industry with a strong market presence. As always, it's important to remember that insider trades are reported after the fact and may not reflect current holdings.
Source: Richard Anderson's Form 4 filing on $NSC (Jun 30, 2026). Find the original filing: NSC Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts