3M Co’s recent filing unveils that its Executive Vice President Banovetz John Patrick unloaded Company’s shares for reported $1.15 million on May 23 ’25. In the deal valued at $148.37 per share,7,759 shares were sold. As a result of this transaction, Banovetz John Patrick now holds 31,372 shares worth roughly $4.46 million.
Then, Banovetz John Patrick bought 7,759 shares, generating $1,151,237 in total proceeds.
Before that, Rhodes Kevin H sold 7,976 shares. 3M Co shares valued at $1,228,464 were divested by the EVP, Chief Legal Off & Secret at a price of $154.02 per share. As a result of the transaction, Rhodes Kevin H now holds 15,147 shares, worth roughly $2.16 million.
Wells Fargo upgraded its 3M Co [MMM] rating to an Overweight from a an Equal weight in a research note published on January 22, 2025; the price target was increased to $170 from $140. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in mid November from “a Neutral” to “a Buy”. Melius also remained covering MMM and has increased its forecast on October 22, 2024 with a “Buy” recommendation from previously “Hold” rating. Morgan Stanley started covering the stock on September 06, 2024. It rated MMM as “an Underweight”.
Price Performance Review of MMM
On Friday, 3M Co [NYSE:MMM] saw its stock fall -1.69% to $142.32. Over the last five days, the stock has lost -2.19%. 3M Co shares have risen nearly 10.25% since the year began. Nevertheless, the stocks have risen 40.47% over the past one year. While a 52-week high of $156.35 was reached on 03/03/25, a 52-week low of $98.26 was recorded on 04/07/25.
Levels Of Support And Resistance For MMM Stock
The 24-hour chart illustrates a support level at 141.22, which if violated will result in even more drops to 140.11. On the upside, there is a resistance level at 143.94. A further resistance level may holdings at 145.55.
How much short interest is there in 3M Co?
A steep rise in short interest was recorded in 3M Co stocks on 2025-05-30, growing by 8246.0 shares to a total of 9.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 9.85 million shares. There was a rise of 0.08%, which implies that there is a positive sentiment for the stock.
