MSC Industrial Direct Co., Inc’s recent filing unveils that its Director JACOBSON MITCHELL acquired Company’s shares for reported $9.17 million on Apr 07 ’25. In the deal valued at $69.73 per share,131,551 shares were bought. As a result of this transaction, JACOBSON MITCHELL now holds 1,924,083 shares worth roughly $156.81 million.
Then, JACOBSON MITCHELL bought 27,642 shares, generating $1,928,582 in total proceeds. Upon buying the shares at $69.77, the Director now owns 1,951,725 shares.
Before that, PELLER PHILIP sold 900 shares. MSC Industrial Direct Co., Inc shares valued at $80,164 were divested by the Director at a price of $89.07 per share. As a result of the transaction, PELLER PHILIP now holds 4,044 shares, worth roughly $0.33 million.
JP Morgan upgraded its MSC Industrial Direct Co., Inc [MSM] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid January with a ‘”an Outperform”‘ rating. Stephens also remained covering MSM and has decreased its forecast on December 04, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Loop Capital revised its rating on June 17, 2024. It rated MSM as “a Hold” which previously was an “a Buy”.
Price Performance Review of MSM
On Tuesday, MSC Industrial Direct Co., Inc [NYSE:MSM] saw its stock fall -0.71% to $81.50. Over the last five days, the stock has lost -1.69%. MSC Industrial Direct Co., Inc shares have risen nearly 9.12% since the year began. Nevertheless, the stocks have fallen -3.73% over the past one year. While a 52-week high of $90.81 was reached on 01/08/25, a 52-week low of $68.10 was recorded on 04/07/25.
Levels Of Support And Resistance For MSM Stock
The 24-hour chart illustrates a support level at 80.76, which if violated will result in even more drops to 80.01. On the upside, there is a resistance level at 82.66. A further resistance level may holdings at 83.82.
