In a filing, Mastec Inc revealed its Director Csiszar Ernst N unloaded Company’s shares for reported $0.33 million on Mar 24 ’25. In the deal valued at $131.63 per share,2,517 shares were sold. As a result of this transaction, Csiszar Ernst N now holds 23,000 shares worth roughly $2.73 million.
Then, ERNEST N CSISZAR bought 2,517 shares, generating $331,321 in total proceeds.
Before that, Palomarez Javier Alberto sold 200 shares. Mastec Inc shares valued at $28,600 were divested by the Director at a price of $143.00 per share. As a result of the transaction, Palomarez Javier Alberto now holds 10,633 shares, worth roughly $1.26 million.
Wolfe Research initiated its Mastec Inc [MTZ] rating to a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in early January with a ‘”a Buy”‘ rating. Truist also remained covering MTZ and has increased its forecast on November 05, 2024 with a “Buy” recommendation from previously “Hold” rating. TD Cowen maintained its rating on November 04, 2024. It rated MTZ as “a Buy”.
Price Performance Review of MTZ
On Tuesday, Mastec Inc [NYSE:MTZ] saw its stock jump 1.71% to $118.70. Over the last five days, the stock has lost -7.76%. Mastec Inc shares have fallen nearly -12.81% since the year began. Nevertheless, the stocks have risen 27.29% over the past one year. While a 52-week high of $166.95 was reached on 01/22/25, a 52-week low of $82.29 was recorded on 03/10/25. SMA at 50 days reached $131.66, while 200 days put it at $124.91.
Levels Of Support And Resistance For MTZ Stock
The 24-hour chart illustrates a support level at 115.82, which if violated will result in even more drops to 112.93. On the upside, there is a resistance level at 120.18. A further resistance level may holdings at 121.65. The Relative Strength Index (RSI) on the 14-day chart is 44.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.14%. Stochastics %K at 35.68% indicates the stock is a holding.
How much short interest is there in Mastec Inc?
A steep rise in short interest was recorded in Mastec Inc stocks on 2025-03-14, growing by 0.18 million shares to a total of 1.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.74 million shares. There was a rise of 9.47%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 07, 2024 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $153 price target.
