Mercer International Inc’s filing revealed that its COO, Wood Products Merforth Carsten acquired Company’s shares for reported $25312.0 on May 08 ’25. In the deal valued at $3.62 per share,7,000 shares were bought. As a result of this transaction, Merforth Carsten now holds 22,651 shares worth roughly $86300.31.
Then, BECK WOLFGANG bought 8,791 shares, generating $31,687 in total proceeds. Upon buying the shares at $3.60, the Sr. VP, Global Wood Sourcing now owns 35,054 shares.
Before that, Laberge Alice bought 1,000 shares. Mercer International Inc shares valued at $3,640 were divested by the Director at a price of $3.64 per share. As a result of the transaction, Laberge Alice now holds 8,065 shares, worth roughly $30727.65.
CIBC upgraded its Mercer International Inc [MERC] rating to a Neutral from a a Sector underperform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early August from “an Outperform” to “a Mkt perform”. CIBC also remained covering MERC and has decreased its forecast on July 20, 2023 with a “Sector underperform” recommendation from previously “Neutral” rating. Credit Suisse revised its rating on February 10, 2023. It rated MERC as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of MERC
On Friday, Mercer International Inc [NASDAQ:MERC] saw its stock jump 0.53% to $3.81. Over the last five days, the stock has gained 4.10%. Mercer International Inc shares have fallen nearly -41.38% since the year began. Nevertheless, the stocks have fallen -59.12% over the past one year.
