MagnaChip Semiconductor Corp’s recent filing unveils that its Director Lee Ilbok acquired Company’s shares for reported $77180.0 on Mar 14 ’25. In the deal valued at $3.86 per share,20,000 shares were bought. As a result of this transaction, Lee Ilbok now holds 219,181 shares worth roughly $0.9 million.
Then, MARTINO CAMILLO bought 20,000 shares, generating $73,120 in total proceeds. Upon buying the shares at $3.66, the Director now owns 40,000 shares.
Before that, NATHAN GILBERT E bought 20,000 shares. MagnaChip Semiconductor Corp shares valued at $73,592 were divested by the Director at a price of $3.68 per share. As a result of the transaction, NATHAN GILBERT E now holds 98,200 shares, worth roughly $0.4 million.
A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid January has reiterated a ‘”a Buy”‘ rating for it. Oppenheimer began covering MX with “an Outperform” recommendation on January 08, 2021. Citigroup maintained its rating on August 07, 2017. It rated MX as “a Neutral”.
Price Performance Review of MX
On Tuesday, MagnaChip Semiconductor Corp [NYSE:MX] saw its stock jump 5.93% to $4.11. Over the last five days, the stock has gained 1.73%. MagnaChip Semiconductor Corp shares have risen nearly 2.24% since the year began. Nevertheless, the stocks have fallen -26.34% over the past one year. While a 52-week high of $5.97 was reached on 02/21/25, a 52-week low of $3.56 was recorded on 03/12/25. SMA at 50 days reached $4.29, while 200 days put it at $4.53.
Levels Of Support And Resistance For MX Stock
The 24-hour chart illustrates a support level at 3.95, which if violated will result in even more drops to 3.80. On the upside, there is a resistance level at 4.25. A further resistance level may holdings at 4.40. The Relative Strength Index (RSI) on the 14-day chart is 46.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.81%. Stochastics %K at 26.75% indicates the stock is a holding.
How much short interest is there in MagnaChip Semiconductor Corp?
A steep rise in short interest was recorded in MagnaChip Semiconductor Corp stocks on 2025-02-28, dropping by 42317.0 shares to a total of 0.49 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.53 million shares. There was a decline of -8.63%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 10, 2017 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating .
