Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. MeiraGTx Holdings plc shares valued at $378,575 were sold by Forbes Alexandria on Jul 08 ’25. At $7.97 per share, Forbes Alexandria sold 47,500 shares. The insider’s holdings dropped to 1,361,483 shares worth approximately $11.74 million following the completion of this transaction.
Also, Alexandria Forbes purchased 47,500 shares, netting a total of over 378,575 in proceeds.
Before that, Giroux Richard had sold 24,000 shares from its account. In a trade valued at $144,000, the CFO & COO traded MeiraGTx Holdings plc shares for $6.00 each. Upon closing the transaction, the insider’s holdings decreased to 24,000 shares, worth approximately $7.61 million.
Analysts at RBC Capital Mkts started covering the stock with ‘”an Outperform”‘ outlook in a report released in late October. Earlier on September 03, 2019, Piper Jaffray initiated its rating. Their recommendation was “an Overweight” for MGTX stock.
Analyzing MGTX Stock Performance
On last trading session,, MeiraGTx Holdings plc [NASDAQ: MGTX] rose 2.99% to $8.62. The stock’s lowest price that day was $8.14, but it reached a high of $8.74 in the same session. During the last five days, there has been a surge of approximately 24.57%. Over the course of the year, MeiraGTx Holdings plc shares have jumped approximately 110.76%. Shares of the company reached a 52-week high of $8.75 on 07/10/25 and a 52-week low of $4.55 on 05/14/25.
Support And Resistance Levels for MeiraGTx Holdings plc (MGTX)
According to the 24-hour chart, there is a support level at 8.26, which, if violated, would cause prices to drop to 7.89. In the upper region, resistance lies at 8.87. The next price resistance is at 9.11. RSI (Relative Strength Index) is 80.34 on the 14-day chart, showing overbought technical sentiment.
Is MeiraGTx Holdings plc subject to short interest?
Stocks of MeiraGTx Holdings plc saw a sharp rise in short interest on 2025-06-13 jumping by 0.84 million shares to 3.67 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 2.83 million shares. A jump of 22.78% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.81 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.81.
Which companies own the most shares of MeiraGTx Holdings plc (MGTX)?
In terms of MeiraGTx Holdings plc share price expectations, FactSet research, analysts set an average price target of 9 in the next 12 months, up nearly 7.53% from the previous closing price of $8.37. Analysts anticipate MeiraGTx Holdings plc stock to reach 9 by 2025, with the lowest price target being 9. On February 27, 2019, Chardan Capital Markets assigned a price target of “a Buy” to the stock and reiterated coverage with a $40.
