Marathon Petroleum Corp’s recently made public that its Chief Commercial Officer Hessling Ricky D. acquired Company’s shares for reported $0.27 million on Mar 11 ’25. In the deal valued at $134.72 per share,2,000 shares were bought. As a result of this transaction, Hessling Ricky D. now holds 12,162 shares worth roughly $1.47 million.
Then, Bayh Evan bought 1,000 shares, generating $133,700 in total proceeds. Upon buying the shares at $133.70, the Director now owns 69,305 shares.
Before that, CAMPBELL JEFFREY C bought 6,000 shares. Marathon Petroleum Corp shares valued at $897,644 were divested by the Director at a price of $149.61 per share. As a result of the transaction, CAMPBELL JEFFREY C now holds 6,090 shares, worth roughly $0.74 million.
TD Cowen reiterated its Marathon Petroleum Corp [MPC] rating to a Buy in a research note published on December 10, 2024; the price target was $170. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Buy”‘ rating for it. Tudor Pickering Holt & Co. revised its rating on September 09, 2024. It rated MPC as “a Sell” which previously was an “a Buy”.
Price Performance Review of MPC
On Friday, Marathon Petroleum Corp [NYSE:MPC] saw its stock fall -5.85% to $121.07. Over the last five days, the stock has lost -15.98%. Marathon Petroleum Corp shares have fallen nearly -13.21% since the year began. Nevertheless, the stocks have fallen -43.68% over the past one year. While a 52-week high of $221.11 was reached on 02/18/25, a 52-week low of $127.69 was recorded on 04/04/25. SMA at 50 days reached $147.33, while 200 days put it at $156.99.
Levels Of Support And Resistance For MPC Stock
The 24-hour chart illustrates a support level at 116.03, which if violated will result in even more drops to 110.98. On the upside, there is a resistance level at 126.06. A further resistance level may holdings at 131.04. The Relative Strength Index (RSI) on the 14-day chart is 26.33, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.55%. Stochastics %K at 27.14% indicates the stock is a holding.
How much short interest is there in Marathon Petroleum Corp?
A steep rise in short interest was recorded in Marathon Petroleum Corp stocks on 2025-03-14, growing by 1.15 million shares to a total of 9.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 8.03 million shares. There was a rise of 12.55%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 07, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $190.
