Matthews International Corp’s recent filing unveils that its Director Nauman J Michael acquired Company’s shares for reported $20513.0 on May 07 ’25. In the deal valued at $19.10 per share,1,074 shares were bought. As a result of this transaction, Nauman J Michael now holds 5,074 shares worth roughly $0.12 million.
Then, Nauman J Michael bought 7 shares, generating $135 in total proceeds. Upon buying the shares at $19.22, the Director now owns 5,081 shares.
Before that, Nauman J Michael bought 4,000 shares. Matthews International Corp shares valued at $98,360 were divested by the Director at a price of $24.59 per share. As a result of the transaction, Nauman J Michael now holds 4,000 shares, worth roughly $98360.0.
Sidoti initiated its Matthews International Corp [MATW] rating to a Buy in a research note published on August 31, 2021; the price target was $60. A number of analysts have revised their coverage, including Wellington Shields’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Hold”. B. Riley FBR also remained covering MATW and reiterated its “Buy” recommendation on November 19, 2018. Buckingham Research started covering the stock on October 02, 2018. It rated MATW as “a Buy”.
Price Performance Review of MATW
On Tuesday, Matthews International Corp [NASDAQ:MATW] saw its stock jump 2.84% to $24.59. Over the last five days, the stock has gained 13.58%. Matthews International Corp shares have fallen nearly -1.95% since the year began. Nevertheless, the stocks have fallen -11.16% over the past one year. While a 52-week high of $32.24 was reached on 01/08/25, a 52-week low of $18.50 was recorded on 04/07/25.
Levels Of Support And Resistance For MATW Stock
The 24-hour chart illustrates a support level at 23.71, which if violated will result in even more drops to 22.84. On the upside, there is a resistance level at 25.33. A further resistance level may holdings at 26.08.
How much short interest is there in Matthews International Corp?
A steep rise in short interest was recorded in Matthews International Corp stocks on 2025-06-13, growing by 11739.0 shares to a total of 1.47 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.46 million shares. There was a rise of 0.8%, which implies that there is a positive sentiment for the stock.
