Marten Transport, Ltd’s recent filing unveils that its Director BAUER JERRY M acquired Company’s shares for reported $0.26 million on Apr 28 ’25. In the deal valued at $12.88 per share,20,000 shares were bought. As a result of this transaction, BAUER JERRY M now holds 176,444 shares worth roughly $2.33 million.
Then, BAUER JERRY M bought 10,000 shares, generating $158,051 in total proceeds. Upon buying the shares at $15.81, the Director now owns 156,444 shares.
Before that, Phillips Adam Daniel sold 4,500 shares. Marten Transport, Ltd shares valued at $82,535 were divested by the EVP & Chief Operating Officer at a price of $18.34 per share. As a result of the transaction, Phillips Adam Daniel now holds 7,448 shares, worth roughly $98313.59999999999.
Raymond James downgraded its Marten Transport, Ltd [MRTN] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Vertical Research’s analysts, who decreased its forecast for the stock in early July from “a Buy” to “a Hold”. Vertical Research revised its rating on January 10, 2024. It rated MRTN as “a Buy” which previously was an “a Hold”.
Price Performance Review of MRTN
On Monday, Marten Transport, Ltd [NASDAQ:MRTN] saw its stock jump 1.54% to $13.20. Over the last five days, the stock has gained 0.30%. Marten Transport, Ltd shares have fallen nearly -15.44% since the year began. Nevertheless, the stocks have fallen -26.17% over the past one year. While a 52-week high of $19.26 was reached on 01/28/25, a 52-week low of $12.52 was recorded on 04/09/25.
Levels Of Support And Resistance For MRTN Stock
The 24-hour chart illustrates a support level at 12.96, which if violated will result in even more drops to 12.72. On the upside, there is a resistance level at 13.37. A further resistance level may holdings at 13.54.
