Martin Marietta Materials, Inc’s recent filing unveils that its EVP and CHRO McCunniff Donald A. unloaded Company’s shares for reported $0.63 million on Mar 05 ’25. In the deal valued at $475.00 per share,1,332 shares were sold. As a result of this transaction, McCunniff Donald A. now holds 3,523 shares worth roughly $1.64 million.
Then, Petro Michael J bought 550 shares, generating $249,904 in total proceeds. Upon buying the shares at $454.37, the SVP – Strategy and Development now owns 8,985 shares.
Before that, McCunniff Donald A. bought 1,332 shares. Martin Marietta Materials, Inc shares valued at $653,066 were divested by the Officer at a price of $490.29 per share.
A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early January from “a Peer perform” to “an Outperform”. HSBC Securities also remained covering MLM and has increased its forecast on December 11, 2024 with a “Buy” recommendation from previously “Hold” rating. JP Morgan revised its rating on November 27, 2024. It rated MLM as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of MLM
On Tuesday, Martin Marietta Materials, Inc [NYSE:MLM] saw its stock fall -0.79% to $464.41. Over the last five days, the stock has gained 0.54%. Martin Marietta Materials, Inc shares have fallen nearly -10.09% since the year began. Nevertheless, the stocks have fallen -24.10% over the past one year. While a 52-week high of $633.23 was reached on 01/21/25, a 52-week low of $448.50 was recorded on 03/07/25. SMA at 50 days reached $516.62, while 200 days put it at $545.59.
Levels Of Support And Resistance For MLM Stock
The 24-hour chart illustrates a support level at 459.14, which if violated will result in even more drops to 453.86. On the upside, there is a resistance level at 469.45. A further resistance level may holdings at 474.48. The Relative Strength Index (RSI) on the 14-day chart is 32.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.71%. Stochastics %K at 19.75% indicates the stock is a buying.
The most recent change occurred on November 07, 2024 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $730 price target.
