Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Montrose Environmental Group Inc shares valued at $49,010 were purchased by Colman Vincent on May 13 ’25. At $18.85 per share, Colman Vincent acquired 2,600 shares. The insider’s holdings grew to 7,996 shares worth approximately $0.18 million following the completion of this transaction.
As published in a research note from Needham on April 04, 2025, Montrose Environmental Group Inc [MEG] has been retained to a Buy and the price target has been revised to $28. Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in mid December. As of November 08, 2024, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for MEG. Earlier on November 06, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for MEG stock which previously was a “a Buy”.
Analyzing MEG Stock Performance
On last trading session, Montrose Environmental Group Inc [NYSE: MEG] plunged -0.40% to $22.31. The stock’s lowest price that day was $22.11, but it reached a high of $22.63 in the same session. During the last five days, there has been a drop of approximately -0.09%. Over the course of the year, Montrose Environmental Group Inc shares have dropped approximately -47.25%. Shares of the company reached a 52-week high of $24.79 on 01/21/25 and a 52-week low of $10.51 on 04/09/25.
Support And Resistance Levels for Montrose Environmental Group Inc (MEG)
According to the 24-hour chart, there is a support level at 22.07, which, if violated, would cause prices to drop to 21.83. In the upper region, resistance lies at 22.59. The next price resistance is at 22.87. RSI (Relative Strength Index) is 57.99 on the 14-day chart, showing neutral technical sentiment.
Is Montrose Environmental Group Inc subject to short interest?
Stocks of Montrose Environmental Group Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.25 million shares to 2.87 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 3.11 million shares. A decline of -8.63% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 7.51 of the overall float, the days-to-cover ratio (short ratio) decline to 7.51.
Which companies own the most shares of Montrose Environmental Group Inc (MEG)?
In terms of Montrose Environmental Group Inc share price expectations, FactSet research, analysts set an average price target of 51 in the next 12 months, up nearly 127.68% from the previous closing price of $22.4. Analysts anticipate Montrose Environmental Group Inc stock to reach 54 by 2025, with the lowest price target being 43. In spite of this, 8 analysts ranked Montrose Environmental Group Inc stock as Buy at the end of 2025. On August 14, 2024, Evercore ISI assigned a price target of “an Outperform” to the stock and initiated coverage with a $43.
