MPLX LP’s recently made public that its Senior VP, Log. & Storage Lyon Shawn M acquired Company’s shares for reported $0.21 million on Mar 07 ’25. In the deal valued at $52.75 per share,4,000 shares were bought. As a result of this transaction, Lyon Shawn M now holds 25,299 shares worth roughly $1.25 million.
Then, HAGEDORN CARL KRISTOPHER sold 4,000 shares, generating $188,960 in total proceeds. Upon selling the shares at $47.24, the Exec VP & Chief Fin Ofc now owns 14,750 shares.
Before that, HAGEDORN CARL KRISTOPHER bought 4,000 shares. MPLX LP shares valued at $188,960 were divested by the Officer at a price of $47.24 per share.
JP Morgan also remained covering MPLX and has increased its forecast on March 14, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. Wolfe Research revised its rating on January 09, 2023. It rated MPLX as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of MPLX
On Monday, MPLX LP [NYSE:MPLX] saw its stock fall -2.67% to $49.22. Over the last five days, the stock has gained 2.14%. MPLX LP shares have risen nearly 2.84% since the year began. Nevertheless, the stocks have risen 23.08% over the past one year. While a 52-week high of $54.87 was reached on 03/18/25, a 52-week low of $39.84 was recorded on 04/07/25. SMA at 50 days reached $52.38, while 200 days put it at $47.33.
Levels Of Support And Resistance For MPLX Stock
The 24-hour chart illustrates a support level at 48.51, which if violated will result in even more drops to 47.80. On the upside, there is a resistance level at 50.32. A further resistance level may holdings at 51.42. The Relative Strength Index (RSI) on the 14-day chart is 41.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.96%. Stochastics %K at 58.60% indicates the stock is a holding.
How much short interest is there in MPLX LP?
A steep rise in short interest was recorded in MPLX LP stocks on 2025-03-31, dropping by -2.2 million shares to a total of 7.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.72 million shares. There was a decline of -29.17%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 09, 2022 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $33.50 price target.
