In a filing, MDU Resources Group Inc revealed its Director JOHNSON DENNIS W acquired Company’s shares for reported $0.5 million on Feb 10 ’25. In the deal valued at $16.64 per share,30,000 shares were bought. As a result of this transaction, JOHNSON DENNIS W now holds 180,166 shares worth roughly $ 3.02 million.
Then, Johnson Rob L. bought 36,291 shares, generating $923,970 in total proceeds. Upon buying the shares at $25.46, the President-WBI Holdings now owns 41,934 shares.
Before that, Rosenthal Dale bought 375 shares. MDU Resources Group Inc shares valued at $8,456 were divested by the Director at a price of $22.55 per share. As a result of the transaction, Rosenthal Dale now holds 16,499 shares, worth roughly $0.28 million.
Jefferies initiated its MDU Resources Group Inc [MDU] rating to a Hold in a research note published on January 08, 2025; the price target was $18. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “a Buy”. Siebert Williams Shank also remained covering MDU and has increased its forecast on November 04, 2024 with a “Buy” recommendation from previously “Hold” rating. BofA Securities revised its rating on October 21, 2024. It rated MDU as “a Neutral” which previously was an “a Buy”.
Price Performance Review of MDU
On Friday, MDU Resources Group Inc [NYSE:MDU] saw its stock fall -0.71% to $16.77. Over the last five days, the stock has gained 1.21%. MDU Resources Group Inc shares have fallen nearly -6.94% since the year began. Nevertheless, the stocks have risen 48.82% over the past one year. While a 52-week high of $20.39 was reached on 01/21/25, a 52-week low of $11.30 was recorded on 02/10/25. SMA at 50 days reached $18.09, while 200 days put it at $23.23.
Levels Of Support And Resistance For MDU Stock
The 24-hour chart illustrates a support level at 16.67, which if violated will result in even more drops to 16.57. On the upside, there is a resistance level at 16.95. A further resistance level may holdings at 17.12. The Relative Strength Index (RSI) on the 14-day chart is 38.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.24%. Stochastics %K at 22.87% indicates the stock is a holding.
How much short interest is there in MDU Resources Group Inc?
A steep rise in short interest was recorded in MDU Resources Group Inc stocks on 2025-01-31, dropping by -0.97 million shares to a total of 4.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 5.31 million shares. There was a decline of -22.32%, which implies that there is a negative sentiment for the stock.
