Richard Anderson Acquires Shares in Norfolk Southern

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 9.8%

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.