MP Materials Corporation’s filing revealed that its Chairman and CEO Litinsky James H. unloaded Company’s shares for reported $5.39 million on Apr 14 ’25. In the deal valued at $27.08 per share,199,180 shares were sold. As a result of this transaction, Litinsky James H. now holds 13,643,076 shares worth roughly $359.5 million.
Then, Litinsky James H. sold 396,293 shares, generating $10,711,800 in total proceeds. Upon selling the shares at $27.03, the Chairman and CEO now owns 13,860,775 shares.
Before that, Litinsky James H. sold 18,519 shares. MP Materials Corporation shares valued at $500,013 were divested by the Chairman and CEO at a price of $27.00 per share. As a result of the transaction, Litinsky James H. now holds 13,842,256 shares, worth roughly $364.74 million.
Robert W. Baird reiterated its MP Materials Corporation [MP] rating to an Outperform in a research note published on September 27, 2024; the price target was $25. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in mid July with a ‘”a Market perform”‘ rating. JP Morgan also remained covering MP and has decreased its forecast on April 23, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Morgan Stanley revised its rating on March 13, 2024. It rated MP as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of MP
On Thursday, MP Materials Corporation [NYSE:MP] saw its stock fall -4.46% to $26.35. Over the last five days, the stock has gained 11.94%. MP Materials Corporation shares have risen nearly 68.91% since the year began. Nevertheless, the stocks have risen 61.16% over the past one year. While a 52-week high of $29.72 was reached on 04/15/25, a 52-week low of $10.02 was recorded on 01/02/25. SMA at 50 days reached $24.73, while 200 days put it at $18.79.
Levels Of Support And Resistance For MP Stock
The 24-hour chart illustrates a support level at 24.64, which if violated will result in even more drops to 22.93. On the upside, there is a resistance level at 28.12. A further resistance level may holdings at 29.89. The Relative Strength Index (RSI) on the 14-day chart is 54.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 39.37%. Stochastics %K at 60.44% indicates the stock is a holding.
How much short interest is there in MP Materials Corporation?
A steep rise in short interest was recorded in MP Materials Corporation stocks on 2025-03-31, growing by 2.15 million shares to a total of 21.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 19.47 million shares. There was a rise of 9.96%, which implies that there is a positive sentiment for the stock.
