Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. 3M Co shares valued at $1,151,237 were sold by Banovetz John Patrick on May 23 ’25. At $148.37 per share, Banovetz John Patrick sold 7,759 shares. The insider’s holdings dropped to 31,372 shares worth approximately $4.64 million following the completion of this transaction.
Also, Banovetz John Patrick purchased 7,759 shares, netting a total of over 1,151,237 in proceeds.
Before that, Rhodes Kevin H had sold 7,976 shares from its account. In a trade valued at $1,228,464, the EVP, Chief Legal Off & Secret traded 3M Co shares for $154.02 each. Upon closing the transaction, the insider’s holdings decreased to 7,976 shares, worth approximately $2.24 million.
As published in a research note from Wells Fargo on January 22, 2025, 3M Co [MMM] has been rated up from an Equal weight to an Overweight and the price target has been revised to $170 from $140. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid November. As of October 22, 2024, Melius has increased its “Hold” rating to a “Buy” for MMM. Earlier on September 06, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Underweight” for MMM stock.
Analyzing MMM Stock Performance
On last trading session,, 3M Co [NYSE: MMM] plunged -1.41% to $147.75. The stock’s lowest price that day was $147.12, but it reached a high of $149.86 in the same session. During the last five days, there has been a surge of approximately 3.90%. Over the course of the year, 3M Co shares have jumped approximately 44.30%. Shares of the company reached a 52-week high of $156.35 on 03/03/25 and a 52-week low of $121.98 on 04/07/25.
Support And Resistance Levels for 3M Co (MMM)
According to the 24-hour chart, there is a support level at 146.63, which, if violated, would cause prices to drop to 145.50. In the upper region, resistance lies at 149.37. The next price resistance is at 150.98. RSI (Relative Strength Index) is 53.77 on the 14-day chart, showing neutral technical sentiment.
Is 3M Co subject to short interest?
Stocks of 3M Co saw a sharp rise in short interest on 2025-05-30 jumping by 8246.0 shares to 9.86 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 9.85 million shares. A jump of 0.08% in short interest reflects a negative 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) jumped to 3.15.
Which companies own the most shares of 3M Co (MMM)?
In terms of 3M Co share price expectations, FactSet research, analysts set an average price target of 148 in the next 12 months, down nearly -1.25% from the previous closing price of $149.87. Analysts anticipate 3M Co stock to reach 190 by 2025, with the lowest price target being 100. In spite of this, 16 analysts ranked 3M Co stock as Hold at the end of 2025. On July 30, 2024, Argus assigned a price target of “a Buy” to the stock and upgraded coverage with a $145.
