Michael John Short, an insider at C.H. Robinson Worldwide (NASDAQ:CHRW), recently sold 6,368 shares of the company's stock. The transaction, which occurred on February 9th at an average price of $201.30 per share, totaled over $1.28 million. This sale reduced Mr. Short's stake in the company by 10.89%, bringing his total holdings to 52,101 shares. The move comes as C.H. Robinson recently reported fourth-quarter earnings, surpassing EPS estimates despite a decline in revenue. The company maintains a "Moderate Buy" analyst consensus and continues to pay a quarterly dividend. While notable for the individual, this insider sale is not expected to significantly impact CHRW's market performance.
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