Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. MRC Global Inc shares valued at $437,581 were purchased by WOOD ROBERT L on Jan 15 ’25. At $13.76 per share, WOOD ROBERT L acquired 31,795 shares.
Also, ANTHONY LEONARD M sold 40,000 shares, netting a total of over 498,800 in proceeds. Following the sale of shares at $12.47 each, the insider now holds 61,120 shares.
Before that, WOOD ROBERT L had added 40,000 shares to its account. In a trade valued at $559,917, the Former BOD and Officer bought MRC Global Inc shares for $14.00 each.
As published in their initiating research note from Loop Capital on October 03, 2023, MRC Global Inc [MRC] has been a Buy and the price target has been revised to $14. Analysts at The Benchmark Company started covering the stock with ‘”a Buy”‘ outlook in a report released in early July. As of February 19, 2021, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for MRC.
Analyzing MRC Stock Performance
On last trading session,, MRC Global Inc [NYSE: MRC] plunged -1.81% to $12.99. The stock’s lowest price that day was $12.83, but it reached a high of $13.18 in the same session. During the last five days, there has been a surge of approximately 3.10%. Over the course of the year, MRC Global Inc shares have jumped approximately 1.64%.
Support And Resistance Levels for MRC Global Inc (MRC)
RSI (Relative Strength Index) is 59.81 on the 14-day chart, showing neutral technical sentiment.
Is MRC Global Inc subject to short interest?
Stocks of MRC Global Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.81 million shares to 2.56 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 1.75 million shares. A jump of 31.53% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.59 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.59.
Which companies own the most shares of MRC Global Inc (MRC)?
In terms of MRC Global Inc share price expectations, FactSet research, analysts set an average price target of 17 in the next 12 months, up nearly 28.5% from the previous closing price of $13.23. Analysts anticipate MRC Global Inc stock to reach 17 by 2025, with the lowest price target being 17. In spite of this, 1 analysts ranked MRC Global Inc stock as Buy at the end of 2025. On March 11, 2020, Stifel assigned a price target of “a Buy” to the stock and upgraded coverage with a $7.
