Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. MGE Energy, Inc shares valued at $40,470 were purchased by Berbee James G on Mar 12 ’25. At $90.83 per share, Berbee James G acquired 446 shares. The insider’s holdings grew to 11,532 shares worth approximately $1.03 million following the completion of this transaction.
Also, Berbee James G purchased 406 shares, netting a total of over 35,480 in proceeds. Following the buying of shares at $87.36 each, the insider now holds 10,295 shares.
As published in a research note from Morgan Stanley on November 17, 2021, MGE Energy, Inc [MGEE] has been rated down from an Equal-weight to an Underweight and the price target has been revised to $69 from $71. Analysts at Morgan Stanley started covering the stock with ‘”an Equal-weight”‘ outlook in a report released in early September. As of May 26, 2020, BofA/Merrill has initiated its “an Underperform” rating for MGEE. Earlier on November 25, 2015, Robert W. Baird initiated its rating. Their recommendation was “a Neutral” for MGEE stock.
Analyzing MGEE Stock Performance
On last trading session,, MGE Energy, Inc [NASDAQ: MGEE] rose 0.97% to $88.92. The stock’s lowest price that day was $87.645, but it reached a high of $89.84 in the same session. During the last five days, there has been a drop of approximately -0.26%. Over the course of the year, MGE Energy, Inc shares have dropped approximately -5.36%. Shares of the company reached a 52-week high of $96.25 on 01/13/25 and a 52-week low of $84.00 on 04/07/25.
Support And Resistance Levels for MGE Energy, Inc (MGEE)
According to the 24-hour chart, there is a support level at 87.76, which, if violated, would cause prices to drop to 86.61. In the upper region, resistance lies at 89.96. The next price resistance is at 91.00. RSI (Relative Strength Index) is 46.65 on the 14-day chart, showing neutral technical sentiment.
Is MGE Energy, Inc subject to short interest?
Stocks of MGE Energy, Inc saw a sharp steep in short interest on 2025-05-30 dropping by 38555.0 shares to 0.91 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.95 million shares. A decline of -4.24% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 8.76 of the overall float, the days-to-cover ratio (short ratio) decline to 8.76.
Which companies own the most shares of MGE Energy, Inc (MGEE)?
In terms of MGE Energy, Inc share price expectations, FactSet research, analysts set an average price target of 71 in the next 12 months, down nearly -19.38% from the previous closing price of $88.07. Analysts anticipate MGE Energy, Inc stock to reach 71 by 2025, with the lowest price target being 71. In spite of this, 1 analysts ranked MGE Energy, Inc stock as Sell at the end of 2025. On August 08, 2012, DA Davidson assigned a price target of “a Neutral” to the stock and upgraded coverage with a $48.50.
