Magnolia Oil & Gas Corp’s recently made public that its CEO & DIRECTOR Stavros Christopher G acquired Company’s shares for reported $55138.0 on Mar 03 ’25. In the deal valued at $22.05 per share,2,500 shares were bought. As a result of this transaction, Stavros Christopher G now holds 892,372 shares worth roughly $18.94 million.
Then, Millican Steve bought 195,293 shares, generating $4,714,373 in total proceeds.
Before that, EnerVest, Ltd. sold 7,000,000 shares. Magnolia Oil & Gas Corp shares valued at $181,020,000 were divested by the Director at a price of $25.86 per share. As a result of the transaction, EnerVest, Ltd. now holds 2,099,403 shares, worth roughly $44.55 million.
UBS initiated its Magnolia Oil & Gas Corp [MGY] rating to a Buy in a research note published on April 22, 2025; the price target was $26. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Neutral”. BofA Securities also remained covering MGY and has decreased its forecast on January 13, 2025 with a “Neutral” recommendation from previously “Buy” rating. Siebert Williams Shank revised its rating on October 15, 2024. It rated MGY as “a Hold” which previously was an “a Buy”.
Price Performance Review of MGY
On Friday, Magnolia Oil & Gas Corp [NYSE:MGY] saw its stock fall -0.66% to $21.22. Over the last five days, the stock has gained 0.62%. Magnolia Oil & Gas Corp shares have fallen nearly -9.24% since the year began. Nevertheless, the stocks have fallen -18.35% over the past one year. While a 52-week high of $29.02 was reached on 01/17/25, a 52-week low of $19.09 was recorded on 04/09/25. SMA at 50 days reached $22.99, while 200 days put it at $24.81.
Levels Of Support And Resistance For MGY Stock
The 24-hour chart illustrates a support level at 21.03, which if violated will result in even more drops to 20.84. On the upside, there is a resistance level at 21.37. A further resistance level may holdings at 21.53. The Relative Strength Index (RSI) on the 14-day chart is 45.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.04%. Stochastics %K at 53.46% indicates the stock is a holding.
How much short interest is there in Magnolia Oil & Gas Corp?
A steep rise in short interest was recorded in Magnolia Oil & Gas Corp stocks on 2025-04-15, dropping by -4.76 million shares to a total of 27.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 31.98 million shares. There was a decline of -17.5%, which implies that there is a negative sentiment for the stock.
