Magnera Corp’s filing revealed that its Director Curless Michael S acquired Company’s shares for reported $0.12 million on Jun 04 ’25. In the deal valued at $12.29 per share,10,000 shares were bought. As a result of this transaction, Curless Michael S now holds 10,000 shares worth roughly $0.14 million.
Then, Marnick Samantha J. bought 4,000 shares, generating $49,511 in total proceeds. Upon buying the shares at $12.38, the Director now owns 4,000 shares.
Before that, Salmon Tom bought 17,000 shares. Magnera Corp shares valued at $203,014 were divested by the Director at a price of $11.94 per share. As a result of the transaction, Salmon Tom now holds 35,289 shares, worth roughly $0.5 million.
Wells Fargo downgraded its Magnera Corp [MAGN] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Vertical Research’s analysts, who began to cover the stock in mid March with a ‘”a Hold”‘ rating. Wells Fargo began covering MAGN with “an Overweight” recommendation on January 23, 2025.
Price Performance Review of MAGN
On Tuesday, Magnera Corp [NYSE:MAGN] saw its stock jump 6.04% to $14.22. Over the last five days, the stock has gained 14.59%. Magnera Corp shares have fallen nearly -21.74% since the year began. Nevertheless, the stocks have fallen -34.50% over the past one year.
How much short interest is there in Magnera Corp?
A steep rise in short interest was recorded in Magnera Corp stocks on 2025-05-15, dropping by 88938.0 shares to a total of 2.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 2.31 million shares. There was a decline of -4.01%, which implies that there is a negative sentiment for the stock.
