Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mastec Inc shares valued at $331,321 were sold by Csiszar Ernst N on Mar 24 ’25. At $131.63 per share, Csiszar Ernst N sold 2,517 shares. The insider’s holdings dropped to 23,000 shares worth approximately $3.34 million following the completion of this transaction.
Also, ERNEST N CSISZAR purchased 2,517 shares, netting a total of over 331,321 in proceeds.
Before that, Palomarez Javier Alberto had sold 200 shares from its account. In a trade valued at $28,600, the Director traded Mastec Inc shares for $143.00 each. Upon closing the transaction, the insider’s holdings decreased to 200 shares, worth approximately $1.54 million.
As published in their initiating research note from Piper Sandler on April 08, 2025, Mastec Inc [MTZ] has been an Overweight and the price target has been revised to $134. Analysts at Wolfe Research started covering the stock with ‘”a Peer perform”‘ outlook in a report released in late March. As of January 08, 2025, Guggenheim has initiated its “Buy” rating for MTZ. Earlier on November 05, 2024, Truist upgraded its rating. Their new recommendation was “a Buy” for MTZ stock which previously was a “a Hold”.
Analyzing MTZ Stock Performance
During the last five days, there has been a surge of approximately 14.11%. Over the course of the year, Mastec Inc shares have jumped approximately 6.72%. Shares of the company reached a 52-week high of $166.95 on 01/22/25 and a 52-week low of $99.70 on 04/07/25. A 50-day SMA is recorded $122.35, while a 200-day SMA reached $126.96.
Support And Resistance Levels for Mastec Inc (MTZ)
According to the 24-hour chart, there is a support level at 143.91, which, if violated, would cause prices to drop to 142.53. In the upper region, resistance lies at 146.68. The next price resistance is at 148.08. RSI (Relative Strength Index) is 71.86 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 16.11, which suggests the price will increase in the coming days. Percent R is at 3.81%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
