In a filing, Moelis & Co revealed its Chief Operating Officer Pilcher Ciafone Katherine unloaded Company’s shares for reported $0.26 million on Feb 19 ’25. In the deal valued at $74.00 per share,3,515 shares were sold. As a result of this transaction, Pilcher Ciafone Katherine now holds 3,934 shares worth roughly $0.25 million.
Then, Cantor Eric sold 16,530 shares, generating $1,223,220 in total proceeds. Upon selling the shares at $74.00, the Vice Chairman, MD now owns 218,805 shares.
Before that, SIMON JOSEPH sold 5,758 shares. Moelis & Co shares valued at $426,092 were divested by the Chief Financial Officer at a price of $74.00 per share. As a result of the transaction, SIMON JOSEPH now holds 22,832 shares, worth roughly $1.44 million.
Morgan Stanley downgraded its Moelis & Co [MC] rating to an Underweight from a an Overweight in a research note published on March 13, 2025; the price target was decreased to $70 from $100. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in mid December from “a Mkt perform” to “an Outperform”. Morgan Stanley also remained covering MC and has increased its forecast on December 09, 2024 with a “an Overweight” recommendation from previously “an Underweight” rating. Wells Fargo started covering the stock on September 12, 2024. It rated MC as “an Equal weight”.
Price Performance Review of MC
On Monday, Moelis & Co [NYSE:MC] saw its stock jump 3.45% to $62.99. Over the last five days, the stock has gained 4.63%. Moelis & Co shares have fallen nearly -14.74% since the year began. Nevertheless, the stocks have risen 13.15% over the past one year. While a 52-week high of $82.89 was reached on 02/06/25, a 52-week low of $46.24 was recorded on 03/13/25. SMA at 50 days reached $71.13, while 200 days put it at $68.01.
Levels Of Support And Resistance For MC Stock
The 24-hour chart illustrates a support level at 62.24, which if violated will result in even more drops to 61.49. On the upside, there is a resistance level at 63.57. A further resistance level may holdings at 64.15. The Relative Strength Index (RSI) on the 14-day chart is 42.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.66%. Stochastics %K at 40.42% indicates the stock is a holding.
How much short interest is there in Moelis & Co?
A steep rise in short interest was recorded in Moelis & Co stocks on 2025-02-28, growing by 0.73 million shares to a total of 3.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.11 million shares. There was a rise of 19.04%, which implies that there is a positive sentiment for the stock.
