Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Magnolia Oil & Gas Corp shares valued at $249,870 were purchased by Szabo Shandell on May 02 ’25. At $21.30 per share, Szabo Shandell acquired 11,731 shares. The insider’s holdings grew to 18,095 shares worth approximately $0.42 million following the completion of this transaction.
Also, Stavros Christopher G purchased 2,500 shares, netting a total of over 55,138 in proceeds. Following the buying of shares at $22.05 each, the insider now holds 892,372 shares.
Before that, Millican Steve had added 195,293 shares to its account. In a trade valued at $4,714,373, the Officer bought Magnolia Oil & Gas Corp shares for $24.14 each.
As published in their initiating research note from UBS on April 22, 2025, Magnolia Oil & Gas Corp [MGY] has been a Buy and the price target has been revised to $26. Analysts at Goldman downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late January. As of January 13, 2025, BofA Securities has decreased its “Buy” rating to a “Neutral” for MGY. Earlier on October 15, 2024, Siebert Williams Shank downgraded its rating. Their new recommendation was “a Hold” for MGY stock which previously was a “a Buy”.
Analyzing MGY Stock Performance
On last trading session,, Magnolia Oil & Gas Corp [NYSE: MGY] rose 2.41% to $23.36. The stock’s lowest price that day was $22.73, but it reached a high of $23.37 in the same session. During the last five days, there has been a surge of approximately 2.10%. Over the course of the year, Magnolia Oil & Gas Corp shares have dropped approximately -7.81%. Shares of the company reached a 52-week high of $26.84 on 01/17/25 and a 52-week low of $19.09 on 04/09/25.
Support And Resistance Levels for Magnolia Oil & Gas Corp (MGY)
According to the 24-hour chart, there is a support level at 22.94, which, if violated, would cause prices to drop to 22.51. In the upper region, resistance lies at 23.58. The next price resistance is at 23.79. RSI (Relative Strength Index) is 54.31 on the 14-day chart, showing neutral technical sentiment.
Is Magnolia Oil & Gas Corp subject to short interest?
Stocks of Magnolia Oil & Gas Corp saw a sharp rise in short interest on 2025-06-13 jumping by 1.0 million shares to 28.65 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 27.65 million shares. A jump of 3.48% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 13.53 of the overall float, the days-to-cover ratio (short ratio) jumped to 13.53.
Which companies own the most shares of Magnolia Oil & Gas Corp (MGY)?
In terms of Magnolia Oil & Gas Corp share price expectations, FactSet research, analysts set an average price target of 29 in the next 12 months, up nearly 27.14% from the previous closing price of $22.81. Analysts anticipate Magnolia Oil & Gas Corp stock to reach 30 by 2025, with the lowest price target being 25. In spite of this, 5 analysts ranked Magnolia Oil & Gas Corp stock as Buy at the end of 2025. On October 01, 2024, Wells Fargo assigned a price target of “an Underweight” to the stock and downgraded coverage with a $22.
