Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mayville Engineering Company Inc shares valued at $5,225 were purchased by Reddy Jagadeesh A on Mar 12 ’25. At $13.75 per share, Reddy Jagadeesh A acquired 380 shares. The insider’s holdings grew to 380 shares worth approximately $6384.0 following the completion of this transaction.
Also, Leuba Sean P purchased 1,000 shares, netting a total of over 14,179 in proceeds. Following the buying of shares at $14.18 each, the insider now holds 2,000 shares.
Before that, Butz Todd M had added 1,272 shares to its account. In a trade valued at $20,079, the Chief Financial Officer bought Mayville Engineering Company Inc shares for $15.79 each. Upon closing the transaction, the insider’s holdings increased to 1,272 shares, worth approximately $0.69 million.
As published in their initiating research note from DA Davidson on June 17, 2025, Mayville Engineering Company Inc [MEC] has been a Buy and the price target has been revised to $23. Analysts at Northland Capital downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in early November. As of June 09, 2023, Robert W. Baird has decreased its “an Outperform” rating to a “Neutral” for MEC. Earlier on May 17, 2023, Northland Capital initiated its rating. Their recommendation was “an Outperform” for MEC stock.
Analyzing MEC Stock Performance
On last trading session, Mayville Engineering Company Inc [NYSE: MEC] rose 0.30% to $16.8. The stock’s lowest price that day was $16.7701, but it reached a high of $17.15 in the same session. During the last five days, there has been a surge of approximately 6.26%. Over the course of the year, Mayville Engineering Company Inc shares have jumped approximately 3.90%. Shares of the company reached a 52-week high of $17.15 on 07/03/25 and a 52-week low of $11.72 on 04/22/25.
Support And Resistance Levels for Mayville Engineering Company Inc (MEC)
According to the 24-hour chart, there is a support level at 16.66, which, if violated, would cause prices to drop to 16.53. In the upper region, resistance lies at 17.04. The next price resistance is at 17.29. RSI (Relative Strength Index) is 64.68 on the 14-day chart, showing neutral technical sentiment.
Is Mayville Engineering Company Inc subject to short interest?
Stocks of Mayville Engineering Company Inc saw a sharp rise in short interest on 2025-06-13 jumping by 81473.0 shares to 0.31 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.23 million shares. A jump of 26.37% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.77 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.77.
Which companies own the most shares of Mayville Engineering Company Inc (MEC)?
In terms of Mayville Engineering Company Inc share price expectations, FactSet research, analysts set an average price target of 24 in the next 12 months, up nearly 43.28% from the previous closing price of $16.75. Analysts anticipate Mayville Engineering Company Inc stock to reach 24 by 2025, with the lowest price target being 24. In spite of this, 3 analysts ranked Mayville Engineering Company Inc stock as Buy at the end of 2025. On November 03, 2022, Robert W. Baird assigned a price target of “an Outperform” to the stock and upgraded coverage with a $15.
