MNTN Inc’s recently made public that its 10% Owner QUALCOMM INC/DE unloaded Company’s shares for reported $6.6 million on May 23 ’25. In the deal valued at $16.00 per share,412,500 shares were sold. As a result of this transaction, QUALCOMM INC/DE now holds 0 shares worth roughly $0.0.
Then, Mercato Partners Growth III GP sold 300,000 shares, generating $4,800,000 in total proceeds. Upon selling the shares at $16.00, the 10% Owner now owns 6,168,022 shares.
Before that, Baroda Ventures LLC sold 532,130 shares. MNTN Inc shares valued at $8,514,080 were divested by the 10% Owner at a price of $16.00 per share. As a result of the transaction, Baroda Ventures LLC now holds 0 shares, worth roughly $0.0.
Tigress Financial initiated its MNTN Inc [MNTN] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including Susquehanna’s analysts, who began to cover the stock in mid June with a ‘”a Positive”‘ rating. Raymond James began covering MNTN with “an Outperform” recommendation on June 16, 2025. Needham started covering the stock on June 16, 2025. It rated MNTN as “a Buy”.
Price Performance Review of MNTN
On Monday, MNTN Inc [NYSE:MNTN] saw its stock jump 0.39% to $23.27. Over the last five days, the stock has gained 11.93%. Nevertheless, the stocks have fallen -11.72% over the past one year.
Levels Of Support And Resistance For MNTN Stock
The 24-hour chart illustrates a support level at 22.48, which if violated will result in even more drops to 21.69. On the upside, there is a resistance level at 24.18. A further resistance level may holdings at 25.09.
The most recent change occurred on June 16, 2025 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $20 price target.
