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Investing in Millrose Properties Inc (MRP) Is Getting More Attractive

Millrose Properties Inc’s recently made public that its Director Migoya Carlos A acquired Company’s shares for reported $77621.0 on Mar 05 ’25. In the deal valued at $22.45 per share,3,458 shares were bought. As a result of this transaction, Migoya Carlos A now holds 10,106 shares worth roughly $0.24 million.

Then, Migoya Carlos A bought 3,259 shares, generating $74,599 in total proceeds. Upon buying the shares at $22.89, the Director now owns 6,648 shares.

Before that, Presa Rachel bought 992 shares. Millrose Properties Inc shares valued at $22,620 were divested by the General Counsel and Secretary at a price of $22.80 per share. As a result of the transaction, Presa Rachel now holds 992 shares, worth roughly $23123.52.

Goldman initiated its Millrose Properties Inc [MRP] rating to a Buy in a research note published on February 27, 2025; the price target was $25.

Price Performance Review of MRP

On Friday, Millrose Properties Inc [NYSE:MRP] saw its stock jump 2.37% to $23.31. Over the last five days, the stock has lost -2.63%. Millrose Properties Inc shares have risen nearly 6.24% since the year began.

Levels Of Support And Resistance For MRP Stock

The 24-hour chart illustrates a support level at 22.54, which if violated will result in even more drops to 21.78. On the upside, there is a resistance level at 23.74. A further resistance level may holdings at 24.17. The Relative Strength Index (RSI) on the 14-day chart is 46.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.72%. Stochastics %K at 29.97% indicates the stock is a holding.

How much short interest is there in Millrose Properties Inc?

A steep rise in short interest was recorded in Millrose Properties Inc stocks on 2025-03-31, dropping by -0.15 million shares to a total of 2.49 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.64 million shares. There was a decline of -5.97%, which implies that there is a negative sentiment for the stock.

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