Magnolia Oil & Gas Corp’s filing revealed that its Director Szabo Shandell acquired Company’s shares for reported $0.25 million on May 02 ’25. In the deal valued at $21.30 per share,11,731 shares were bought. As a result of this transaction, Szabo Shandell now holds 18,095 shares worth roughly $0.44 million.
Then, Stavros Christopher G bought 2,500 shares, generating $55,138 in total proceeds. Upon buying the shares at $22.05, the CEO & DIRECTOR now owns 892,372 shares.
Before that, Millican Steve bought 195,293 shares. Magnolia Oil & Gas Corp shares valued at $4,714,373 were divested by the Officer at a price of $24.14 per share.
UBS initiated its Magnolia Oil & Gas Corp [MGY] rating to a Buy in a research note published on April 22, 2025; the price target was $26. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Neutral”. BofA Securities also remained covering MGY and has decreased its forecast on January 13, 2025 with a “Neutral” recommendation from previously “Buy” rating. Siebert Williams Shank revised its rating on October 15, 2024. It rated MGY as “a Hold” which previously was an “a Buy”.
Price Performance Review of MGY
On Friday, Magnolia Oil & Gas Corp [NYSE:MGY] saw its stock jump 2.58% to $24.22. Over the last five days, the stock has gained 6.46%. Magnolia Oil & Gas Corp shares have risen nearly 3.59% since the year began. Nevertheless, the stocks have fallen -1.98% over the past one year. While a 52-week high of $29.02 was reached on 01/17/25, a 52-week low of $19.09 was recorded on 04/09/25.
Levels Of Support And Resistance For MGY Stock
The 24-hour chart illustrates a support level at 23.56, which if violated will result in even more drops to 22.91. On the upside, there is a resistance level at 24.75. A further resistance level may holdings at 25.29.
How much short interest is there in Magnolia Oil & Gas Corp?
A steep rise in short interest was recorded in Magnolia Oil & Gas Corp stocks on 2025-05-30, growing by 0.91 million shares to a total of 28.51 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 27.59 million shares. There was a rise of 3.2%, which implies that there is a positive sentiment for the stock.
