Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mercury General Corp shares valued at $899,252 were purchased by Joseph Victor George on May 23 ’25. At $59.95 per share, Joseph Victor George acquired 15,000 shares. The insider’s holdings grew to 15,025 shares worth approximately $1.01 million following the completion of this transaction.
Also, Zhang Ximeng Simon purchased 1,500 shares, netting a total of over 92,866 in proceeds. Following the buying of shares at $61.91 each, the insider now holds 1,500 shares.
Before that, Ribisi Mark Allan had added 55 shares to its account. In a trade valued at $3,559, the President of AIS subsidiary bought Mercury General Corp shares for $64.71 each. Upon closing the transaction, the insider’s holdings increased to 55 shares, worth approximately $45770.8.
As published in a research note from Raymond James on February 12, 2025, Mercury General Corp [MCY] has been rated up from an Outperform to a Strong buy and the price target has been revised to $80 from $70. Analysts at Raymond James downgraded the stock from ‘”a Strong buy”‘ to ‘”an Outperform”‘ outlook in a report released in early July. As of November 04, 2022, Raymond James has increased its “an Underperform” rating to a “Strong buy” for MCY. Earlier on April 03, 2020, Raymond James downgraded its rating. Their new recommendation was “an Underperform” for MCY stock which previously was a “a Mkt perform”.
Analyzing MCY Stock Performance
On last trading session, Mercury General Corp [NYSE: MCY] rose 2.26% to $67.31. The stock’s lowest price that day was $65.9, but it reached a high of $67.355 in the same session. During the last five days, there has been a surge of approximately 3.02%. Over the course of the year, Mercury General Corp shares have jumped approximately 27.31%. Shares of the company reached a 52-week high of $67.64 on 07/01/25 and a 52-week low of $44.19 on 01/13/25.
Support And Resistance Levels for Mercury General Corp (MCY)
According to the 24-hour chart, there is a support level at 66.35, which, if violated, would cause prices to drop to 65.40. In the upper region, resistance lies at 67.81. The next price resistance is at 68.31. RSI (Relative Strength Index) is 61.25 on the 14-day chart, showing neutral technical sentiment.
Is Mercury General Corp subject to short interest?
Stocks of Mercury General Corp saw a sharp steep in short interest on 2025-06-13 dropping by -0.2 million shares to 1.52 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.71 million shares. A decline of -12.87% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.94 of the overall float, the days-to-cover ratio (short ratio) decline to 4.94.
