Mercury General Corp’s recent filing unveils that its President of AIS subsidiary Ribisi Mark Allan acquired Company’s shares for reported $3559.0 on Jan 07 ’25. In the deal valued at $64.71 per share,55 shares were bought. As a result of this transaction, Ribisi Mark Allan now holds 680 shares worth roughly $40099.6.
Then, THE TIRADOR LIVINGTRUST bought 12,500 shares, generating $976,435 in total proceeds.
Before that, Sullivan Heidi C. sold 1,076 shares. Mercury General Corp shares valued at $83,153 were divested by the VP/Chief Human Capital Officer at a price of $77.28 per share. As a result of the transaction, Sullivan Heidi C. now holds 0 shares, worth roughly $0.0.
Raymond James upgraded its Mercury General Corp [MCY] rating to a Strong buy from a an Outperform in a research note published on February 12, 2025; the price target was increased to $80 from $70. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early July from “a Strong buy” to “an Outperform”. Raymond James also remained covering MCY and has increased its forecast on November 04, 2022 with a “Strong buy” recommendation from previously “an Underperform” rating. Raymond James revised its rating on April 03, 2020. It rated MCY as “an Underperform” which previously was an “a Mkt perform”.
Price Performance Review of MCY
On Tuesday, Mercury General Corp [NYSE:MCY] saw its stock jump 0.67% to $58.97. Over the last five days, the stock has gained 4.93%. Mercury General Corp shares have fallen nearly -11.30% since the year began. Nevertheless, the stocks have risen 6.33% over the past one year. While a 52-week high of $80.72 was reached on 01/02/25, a 52-week low of $44.19 was recorded on 01/13/25. SMA at 50 days reached $54.74, while 200 days put it at $60.93.
Levels Of Support And Resistance For MCY Stock
The 24-hour chart illustrates a support level at 58.27, which if violated will result in even more drops to 57.58. On the upside, there is a resistance level at 59.46. A further resistance level may holdings at 59.96. The Relative Strength Index (RSI) on the 14-day chart is 66.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.09, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.79%. Stochastics %K at 96.96% indicates the stock is a selling.
