In a filing, MGE Energy, Inc revealed its Director Berbee James G acquired Company’s shares for reported $40470.0 on Mar 12 ’25. In the deal valued at $90.83 per share,446 shares were bought. As a result of this transaction, Berbee James G now holds 11,532 shares worth roughly $1.05 million.
Then, Berbee James G bought 406 shares, generating $35,480 in total proceeds. Upon buying the shares at $87.36, the Director now owns 10,295 shares.
Morgan Stanley downgraded its MGE Energy, Inc [MGEE] rating to an Underweight from a an Equal-weight in a research note published on November 17, 2021; the price target was decreased to $69 from $71. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early September with a ‘”an Equal-weight”‘ rating. BofA/Merrill began covering MGEE with “an Underperform” recommendation on May 26, 2020. Robert W. Baird started covering the stock on November 25, 2015. It rated MGEE as “a Neutral”.
Price Performance Review of MGEE
On Tuesday, MGE Energy, Inc [NASDAQ:MGEE] saw its stock jump 1.77% to $91.06. Over the last five days, the stock has gained 2.96%. MGE Energy, Inc shares have risen nearly 19.94% since the year began. Nevertheless, the stocks have fallen -3.09% over the past one year. While a 52-week high of $109.22 was reached on 01/13/25, a 52-week low of $72.27 was recorded on 04/07/25.
Levels Of Support And Resistance For MGEE Stock
The 24-hour chart illustrates a support level at 89.85, which if violated will result in even more drops to 88.64. On the upside, there is a resistance level at 91.88. A further resistance level may holdings at 92.70.
How much short interest is there in MGE Energy, Inc?
A steep rise in short interest was recorded in MGE Energy, Inc stocks on 2025-05-30, dropping by 38555.0 shares to a total of 0.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 0.95 million shares. There was a decline of -4.24%, which implies that there is a negative sentiment for the stock.
