Insiders and Institutions Selling Shares of CSX

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of CSX Corp. (NYSE:CSX).

SEC data indicate these insiders have sold CSX Corp.��s stock since 06/30/2011:

• Fitzsimmons Ellen M: act as SVP, General Counsel, Corp Sec. On 07/22/2011, sold 320,000 shares, worth $8,137,600.

SEC data indicate that these institutions significantly reduced their stock shares of CSX Corp. in Q3 2011:

• RENAISSANCE TECHNOLOGIES LLC: On 06/30/2011, held 1,217,600 shares, worth $22,598,656. On 09/30/2011, held 0 shares.
• KINGDON CAPITAL MANAGEMENT LLC: On 06/30/2011, held 1,200,000 shares, worth $22,272,000. On 09/30/2011, held 0 shares.
• SEI TRUST CO: On 06/30/2011, held 954,370 shares, worth $17,713,107. On 09/30/2011, held 0 shares.
• PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO: On 06/30/2011, held 867,183 shares, worth $16,094,916. On 09/30/2011, held 0 shares.
• CAPITAL FUND MANAGEMENT S.A.: On 06/30/2011, held 863,286 shares, worth $16,022,588. On 09/30/2011, held 0 shares.

About the company: CSX Corporation is an international freight transportation company. The Company provides rail, intermodal, domestic container-shipping, barging, and contract logistics services around the world. CSX’s rail transportation services are provided principally throughout the eastern United States.

Competitors to Watch: Norfolk Southern Corp. (NYSE:NSC), Union Pacific Corporation (NYSE:UNP), Kansas City Southern (NYSE:KSU), Genesee & Wyoming Inc. (NYSE:GWR), Providence & Worcester Railroad Co. (NASDAQ:PWX), Burlington Northern Santa Fe, LLC (BNI), Canadian National Railway (N! YSE:CNI) , Canadian Pacific Railway Ltd. (NYSE:CP), and Pioneer Railcorp (PRRR).