Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. MYR Group Inc shares valued at $99,866 were purchased by Favreau Bradley Thede on Mar 04 ’25. At $119.60 per share, Favreau Bradley Thede acquired 835 shares. The insider’s holdings grew to 13,542 shares worth approximately $2.27 million following the completion of this transaction.
Also, Huntington Kelly Michelle purchased 500 shares, netting a total of over 44,320 in proceeds. Following the buying of shares at $88.64 each, the insider now holds 3,030 shares.
Before that, Favreau Bradley Thede had added 1,005 shares to its account. In a trade valued at $100,198, the Director bought MYR Group Inc shares for $99.70 each. Upon closing the transaction, the insider’s holdings increased to 1,005 shares, worth approximately $2.13 million.
As published in a research note from Goldman on June 06, 2025, MYR Group Inc [MYRG] has been rated down from a Buy to a Neutral. Analysts at Piper Sandler started covering the stock with ‘”a Neutral”‘ outlook in a report released in early April. As of March 14, 2025, KeyBanc Capital Markets has increased its “Sector weight” rating to a “an Overweight” for MYRG. Earlier on February 26, 2024, Sidoti downgraded its rating. Their new recommendation was “a Neutral” for MYRG stock which previously was a “a Buy”.
Analyzing MYRG Stock Performance
On last trading session,, MYR Group Inc [NASDAQ: MYRG] rose 0.57% to $167.95. The stock’s lowest price that day was $166.95, but it reached a high of $172.01 in the same session. During the last five days, there has been a surge of approximately 1.60%. Over the course of the year, MYR Group Inc shares have jumped approximately 12.89%. Shares of the company reached a 52-week high of $172.01 on 06/18/25 and a 52-week low of $97.72 on 04/04/25.
Support And Resistance Levels for MYR Group Inc (MYRG)
According to the 24-hour chart, there is a support level at 165.93, which, if violated, would cause prices to drop to 163.91. In the upper region, resistance lies at 170.99. The next price resistance is at 174.03. RSI (Relative Strength Index) is 66.61 on the 14-day chart, showing neutral technical sentiment.
Is MYR Group Inc subject to short interest?
Stocks of MYR Group Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.13 million shares to 0.77 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.9 million shares. A decline of -16.88% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.15 of the overall float, the days-to-cover ratio (short ratio) decline to 3.15.
Which companies own the most shares of MYR Group Inc (MYRG)?
In terms of MYR Group Inc share price expectations, FactSet research, analysts set an average price target of 124 in the next 12 months, down nearly -25.74% from the previous closing price of $166.99. Analysts anticipate MYR Group Inc stock to reach 172 by 2025, with the lowest price target being 119. In spite of this, 9 analysts ranked MYR Group Inc stock as Buy at the end of 2025.
