In a filing, MP Materials Corporation revealed its General Counsel and Secretary Hoops Elliot Dean unloaded Company’s shares for reported $0.2 million on Jul 01 ’25. In the deal valued at $31.94 per share,6,338 shares were sold. As a result of this transaction, Hoops Elliot Dean now holds 6,337 shares worth roughly $0.29 million.
Then, Hoops Elliot Dean bought 6,338 shares, generating $202,209 in total proceeds.
Before that, Hoops Elliot Dean sold 5,523 shares. MP Materials Corporation shares valued at $200,872 were divested by the General Counsel and Secretary at a price of $36.37 per share. As a result of the transaction, Hoops Elliot Dean now holds 69,749 shares, worth roughly $3.15 million.
Jefferies downgraded its MP Materials Corporation [MP] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early June from “an Equal-weight” to “an Overweight”. Robert W. Baird also remained covering MP and reiterated its “an Outperform” recommendation on September 27, 2024. BMO Capital Markets started covering the stock on July 15, 2024. It rated MP as “a Market perform”.
Price Performance Review of MP
On Friday, MP Materials Corporation [NYSE:MP] saw its stock fall -0.27% to $45.11. Over the last five days, the stock has gained 41.68%. MP Materials Corporation shares have risen nearly 216.78% since the year began. Nevertheless, the stocks have risen 189.17% over the past one year. While a 52-week high of $48.12 was reached on 07/11/25, a 52-week low of $10.02 was recorded on 01/02/25.
Levels Of Support And Resistance For MP Stock
The 24-hour chart illustrates a support level at 42.83, which if violated will result in even more drops to 40.55. On the upside, there is a resistance level at 49.19. A further resistance level may holdings at 53.26.
How much short interest is there in MP Materials Corporation?
A steep rise in short interest was recorded in MP Materials Corporation stocks on 2025-06-13, growing by 3.98 million shares to a total of 30.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 26.93 million shares. There was a rise of 12.88%, which implies that there is a positive sentiment for the stock.
