MYR Group Inc’s recently made public that its Director Favreau Bradley Thede acquired Company’s shares for reported $99866.0 on Mar 04 ’25. In the deal valued at $119.60 per share,835 shares were bought. As a result of this transaction, Favreau Bradley Thede now holds 13,542 shares worth roughly $1.53 million.
Then, Huntington Kelly Michelle bought 500 shares, generating $44,320 in total proceeds. Upon buying the shares at $88.64, the Senior VP and CFO now owns 3,030 shares.
Before that, Favreau Bradley Thede bought 1,005 shares. MYR Group Inc shares valued at $100,198 were divested by the Director at a price of $99.70 per share. As a result of the transaction, Favreau Bradley Thede now holds 12,707 shares, worth roughly $1.43 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 -5.73% to $112.67. Over the last five days, the stock has lost -8.19%. MYR Group Inc shares have fallen nearly -24.27% since the year began. Nevertheless, the stocks have fallen -29.67% over the past one year. While a 52-week high of $181.02 was reached on 01/22/25, a 52-week low of $86.60 was recorded on 03/07/25. SMA at 50 days reached $139.47, while 200 days put it at $132.10.
Levels Of Support And Resistance For MYRG Stock
The 24-hour chart illustrates a support level at 109.71, which if violated will result in even more drops to 106.75. On the upside, there is a resistance level at 118.52. A further resistance level may holdings at 124.37. The Relative Strength Index (RSI) on the 14-day chart is 31.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.71%. Stochastics %K at 17.26% indicates the stock is a buying.
