MP Materials Corporation’s recently made public that its Chairman and CEO Litinsky James H. unloaded Company’s shares for reported $5.39 million on Apr 14 ’25. In the deal valued at $27.08 per share,199,180 shares were sold. As a result of this transaction, Litinsky James H. now holds 13,643,076 shares worth roughly $289.92 million.
Then, Litinsky James H. sold 396,293 shares, generating $10,711,800 in total proceeds. Upon selling the shares at $27.03, the Chairman and CEO now owns 13,860,775 shares.
Before that, Litinsky James H. sold 18,519 shares. MP Materials Corporation shares valued at $500,013 were divested by the Chairman and CEO at a price of $27.00 per share. As a result of the transaction, Litinsky James H. now holds 13,842,256 shares, worth roughly $294.15 million.
Robert W. Baird reiterated its MP Materials Corporation [MP] rating to an Outperform in a research note published on September 27, 2024; the price target was $25. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in mid July with a ‘”a Market perform”‘ rating. JP Morgan also remained covering MP and has decreased its forecast on April 23, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Morgan Stanley revised its rating on March 13, 2024. It rated MP as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of MP
On Monday, MP Materials Corporation [NYSE:MP] saw its stock fall -0.28% to $21.25. Over the last five days, the stock has gained 0.52%. MP Materials Corporation shares have risen nearly 36.22% since the year began. Nevertheless, the stocks have risen 18.52% over the past one year. While a 52-week high of $29.72 was reached on 04/15/25, a 52-week low of $10.02 was recorded on 01/02/25.
How much short interest is there in MP Materials Corporation?
A steep rise in short interest was recorded in MP Materials Corporation stocks on 2025-04-30, growing by 9.5 million shares to a total of 31.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 21.62 million shares. There was a rise of 30.52%, which implies that there is a positive sentiment for the stock.
