Magnera Corp’s recent filing unveils that its Director Fogarty Kevin Michael acquired Company’s shares for reported $0.3 million on May 12 ’25. In the deal valued at $15.15 per share,20,000 shares were bought. As a result of this transaction, Fogarty Kevin Michael now holds 31,538 shares worth roughly $0.47 million.
Then, Begle Curt bought 20,275 shares, generating $284,152 in total proceeds. Upon buying the shares at $14.01, the President & CEO now owns 44,341 shares.
Before that, RICKERTSEN CARL J bought 20,000 shares. Magnera Corp shares valued at $406,532 were divested by the Director at a price of $20.33 per share. As a result of the transaction, RICKERTSEN CARL J now holds 21,306 shares, worth roughly $0.31 million.
Vertical Research initiated its Magnera Corp [MAGN] rating to a Hold in a research note published on March 19, 2025; the price target was $21. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late January with a ‘”an Overweight”‘ rating.
Price Performance Review of MAGN
On Monday, Magnera Corp [NYSE:MAGN] saw its stock jump 4.46% to $14.75. Over the last five days, the stock has lost -2.51%. Magnera Corp shares have fallen nearly -18.82% since the year began. Nevertheless, the stocks have fallen -33.26% over the past one year. While a 52-week high of $26.78 was reached on 02/12/25, a 52-week low of $12.20 was recorded on 05/07/25. SMA at 50 days reached $16.70, while 200 days put it at $19.58.
Levels Of Support And Resistance For MAGN Stock
The 24-hour chart illustrates a support level at 14.43, which if violated will result in even more drops to 14.11. On the upside, there is a resistance level at 15.23. A further resistance level may holdings at 15.71. The Relative Strength Index (RSI) on the 14-day chart is 47.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.50%. Stochastics %K at 62.66% indicates the stock is a holding.
