MSC Industrial Direct Co., Inc’s filing revealed that its Director JACOBSON MITCHELL acquired Company’s shares for reported $9.17 million on Apr 07 ’25. In the deal valued at $69.73 per share,131,551 shares were bought. As a result of this transaction, JACOBSON MITCHELL now holds 1,924,083 shares worth roughly $148.14 million.
Then, JACOBSON MITCHELL bought 27,642 shares, generating $1,928,582 in total proceeds. Upon buying the shares at $69.77, the Director now owns 1,951,725 shares.
Before that, PELLER PHILIP sold 900 shares. MSC Industrial Direct Co., Inc shares valued at $80,164 were divested by the Director at a price of $89.07 per share. As a result of the transaction, PELLER PHILIP now holds 4,044 shares, worth roughly $0.31 million.
Wolfe Research initiated its MSC Industrial Direct Co., Inc [MSM] rating to an Outperform in a research note published on January 16, 2025; the price target was $95. A number of analysts have revised their coverage, including Stephens’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “an Equal-weight”. Loop Capital also remained covering MSM and has decreased its forecast on June 17, 2024 with a “Hold” recommendation from previously “Buy” rating. KeyBanc Capital Markets revised its rating on June 17, 2024. It rated MSM as “a Sector weight” which previously was an “an Overweight”.
Price Performance Review of MSM
On Tuesday, MSC Industrial Direct Co., Inc [NYSE:MSM] saw its stock fall -0.10% to $76.99. Over the last five days, the stock has gained 1.22%. MSC Industrial Direct Co., Inc shares have risen nearly 3.08% since the year began. Nevertheless, the stocks have fallen -17.42% over the past one year. While a 52-week high of $94.31 was reached on 01/08/25, a 52-week low of $68.10 was recorded on 04/07/25. SMA at 50 days reached $77.81, while 200 days put it at $81.04.
Levels Of Support And Resistance For MSM Stock
The 24-hour chart illustrates a support level at 76.32, which if violated will result in even more drops to 75.66. On the upside, there is a resistance level at 77.50. A further resistance level may holdings at 78.01. The Relative Strength Index (RSI) on the 14-day chart is 50.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.38%. Stochastics %K at 83.83% indicates the stock is a selling.
How much short interest is there in MSC Industrial Direct Co., Inc?
A steep rise in short interest was recorded in MSC Industrial Direct Co., Inc stocks on 2025-04-15, growing by 0.12 million shares to a total of 3.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 3.11 million shares. There was a rise of 3.68%, which implies that there is a positive sentiment for the stock.
