The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Main Street Capital Corporation shares valued at $6,966,000 were sold by Hyzak Dwayne L. on Mar 26 ’25. At $58.05 per share, Hyzak Dwayne L. sold 120,000 shares. The insider’s holdings dropped to 402,371 shares worth approximately $20.71 million following the completion of this transaction.
Also, Magdol David L. sold 100,000 shares, netting a total of over 5,805,000 in proceeds. Following the sale of shares at $58.05 each, the insider now holds 377,182 shares.
Before that, Dwayne L. Hyzak had added 120,000 shares to its account. In a trade valued at $7,084,800, the Officer bought Main Street Capital Corporation shares for $59.04 each.
As published in a research note from B. Riley Securities on January 08, 2024, Main Street Capital Corporation [MAIN] has been rated down from a Buy to a Neutral and the price target has been revised to $47. Analysts at Hovde Group upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in late June. As of December 19, 2022, UBS has initiated its “Neutral” rating for MAIN. Earlier on December 12, 2022, B. Riley Securities initiated its rating. Their recommendation was “a Buy” for MAIN stock.
Analyzing MAIN Stock Performance
During the last five days, there has been a drop of approximately -7.96%. Over the course of the year, Main Street Capital Corporation shares have dropped approximately -11.66%. Shares of the company reached a 52-week high of $63.31 on 02/21/25 and a 52-week low of $47.00 on 04/09/25. A 50-day SMA is recorded $58.37, while a 200-day SMA reached $54.02.
Support And Resistance Levels for Main Street Capital Corporation (MAIN)
According to the 24-hour chart, there is a support level at 50.12, which, if violated, would cause prices to drop to 48.76. In the upper region, resistance lies at 52.82. The next price resistance is at 54.16. RSI (Relative Strength Index) is 37.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.01, which suggests the price will decrease in the coming days. Percent R is at 63.81%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
