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 $269,440 were purchased by Hessling Ricky D. on Mar 11 ’25. At $134.72 per share, Hessling Ricky D. acquired 2,000 shares. The insider’s holdings grew to 12,162 shares worth approximately $1.8 million following the completion of this transaction.
Also, Bayh Evan purchased 1,000 shares, netting a total of over 133,700 in proceeds. Following the buying of shares at $133.70 each, the insider now holds 69,305 shares.
Before that, CAMPBELL JEFFREY C had added 6,000 shares to its account. In a trade valued at $897,644, the Director bought Marathon Petroleum Corp shares for $149.61 each. Upon closing the transaction, the insider’s holdings increased to 6,000 shares, worth approximately $0.9 million.
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 drop of approximately -1.27%. Over the course of the year, Marathon Petroleum Corp shares have jumped approximately 6.02%. 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 $148.38, while a 200-day SMA reached $157.45.
Support And Resistance Levels for Marathon Petroleum Corp (MPC)
According to the 24-hour chart, there is a support level at 145.40, which, if violated, would cause prices to drop to 142.91. In the upper region, resistance lies at 149.26. The next price resistance is at 150.62. RSI (Relative Strength Index) is 52.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.69, which suggests the price will decrease in the coming days. Percent R is at 35.48%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
