The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Magnera Corp shares valued at $122,939 were purchased by Curless Michael S on Jun 04 ’25. At $12.29 per share, Curless Michael S acquired 10,000 shares. The insider’s holdings grew to 10,000 shares worth approximately $0.14 million following the completion of this transaction.
Also, Marnick Samantha J. purchased 4,000 shares, netting a total of over 49,511 in proceeds. Following the buying of shares at $12.38 each, the insider now holds 4,000 shares.
Before that, Salmon Tom had added 17,000 shares to its account. In a trade valued at $203,014, the Director bought Magnera Corp shares for $11.94 each. Upon closing the transaction, the insider’s holdings increased to 17,000 shares, worth approximately $0.49 million.
As published in a research note from Wells Fargo on May 14, 2025, Magnera Corp [MAGN] has been rated down from an Overweight to an Equal weight and the price target has been revised to $16. Analysts at Vertical Research started covering the stock with ‘”a Hold”‘ outlook in a report released in mid March. As of January 23, 2025, Wells Fargo has initiated its “an Overweight” rating for MAGN.
Analyzing MAGN Stock Performance
On last trading session,, Magnera Corp [NYSE: MAGN] plunged -1.63% to $13.89. The stock’s lowest price that day was $13.885, but it reached a high of $14.18 in the same session. During the last five days, there has been a surge of approximately 6.52%. Over the course of the year, Magnera Corp shares have dropped approximately -23.56%.
Support And Resistance Levels for Magnera Corp (MAGN)
RSI (Relative Strength Index) is 54.85 on the 14-day chart, showing neutral technical sentiment.
Is Magnera Corp subject to short interest?
Stocks of Magnera Corp saw a sharp rise in short interest on 2025-05-30 jumping by 0.5 million shares to 2.56 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 2.06 million shares. A jump of 19.53% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.33 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.33.
Which companies own the most shares of Magnera Corp (MAGN)?
In terms of Magnera Corp share price expectations, FactSet research, analysts set an average price target of 16 in the next 12 months, up nearly 13.31% from the previous closing price of $14.12. Analysts anticipate Magnera Corp stock to reach 16 by 2025, with the lowest price target being 16.
