Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Marathon Petroleum Corp shares valued at $133,700 were purchased by Bayh Evan on Mar 05 ’25. At $133.70 per share, Bayh Evan acquired 1,000 shares. The insider’s holdings grew to 69,305 shares worth approximately $9.5 million following the completion of this transaction.
Also, CAMPBELL JEFFREY C purchased 6,000 shares, netting a total of over 897,644 in proceeds. Following the buying of shares at $149.61 each, the insider now holds 6,090 shares.
As published in a research note from TD Cowen on December 10, 2024, Marathon Petroleum Corp [MPC] has been retained to a Buy and the price target has been revised to $170. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in early November. Earlier on September 09, 2024, Tudor Pickering Holt & Co. downgraded its rating. Their new recommendation was “a Sell” for MPC stock which previously was a “a Buy”.
Analyzing MPC Stock Performance
During the last five days, there has been a surge of approximately 1.48%. Over the course of the year, Marathon Petroleum Corp shares have dropped approximately -1.71%. Shares of the company reached a 52-week high of $160.45 on 02/18/25 and a 52-week low of $132.79 on 03/05/25. A 50-day SMA is recorded $147.66, while a 200-day SMA reached $159.53.
Support And Resistance Levels for Marathon Petroleum Corp (MPC)
According to the 24-hour chart, there is a support level at 134.42, which, if violated, would cause prices to drop to 131.72. In the upper region, resistance lies at 139.15. The next price resistance is at 141.19. RSI (Relative Strength Index) is 38.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.41, which suggests the price will decrease in the coming days. Percent R is at 83.10%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
