MYR Group Inc’s filing revealed that its Senior VP and CFO Huntington Kelly Michelle acquired Company’s shares for reported $44320.0 on Sep 09 ’24. In the deal valued at $88.64 per share,500 shares were bought. As a result of this transaction, Huntington Kelly Michelle now holds 3,030 shares worth roughly $0.45 million.
Then, Favreau Bradley Thede bought 1,005 shares, generating $100,198 in total proceeds. Upon buying the shares at $99.70, the Director now owns 12,707 shares.
Before that, Huntington Kelly Michelle bought 2,000 shares. MYR Group Inc shares valued at $199,010 were divested by the Senior VP and CFO at a price of $99.50 per share. As a result of the transaction, Huntington Kelly Michelle now holds 2,530 shares, worth roughly $0.37 million.
Sidoti downgraded its MYR Group Inc [MYRG] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early January with a ‘”a Sector weight”‘ rating. Goldman began covering MYRG with “Buy” recommendation on December 15, 2023.
Price Performance Review of MYRG
On Friday, MYR Group Inc [NASDAQ:MYRG] saw its stock fall -0.10% to $147.72. Over the last five days, the stock has gained 3.33%. MYR Group Inc shares have fallen nearly -0.71% since the year began. Nevertheless, the stocks have risen 3.95% over the past one year. While a 52-week high of $181.02 was reached on 01/06/25, a 52-week low of $86.60 was recorded on 01/13/25. SMA at 50 days reached $152.62, while 200 days put it at $136.59.
Levels Of Support And Resistance For MYRG Stock
The 24-hour chart illustrates a support level at 146.02, which if violated will result in even more drops to 144.31. On the upside, there is a resistance level at 149.20. A further resistance level may holdings at 150.67. The Relative Strength Index (RSI) on the 14-day chart is 47.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.30%. Stochastics %K at 51.72% indicates the stock is a holding.
How much short interest is there in MYR Group Inc?
A steep rise in short interest was recorded in MYR Group Inc stocks on 2024-12-31, dropping by -0.22 million shares to a total of 0.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.74 million shares. There was a decline of -43.8%, which implies that there is a negative sentiment for the stock.
