Mercury General Corp’s recently made public that its President & COO Joseph Victor George acquired Company’s shares for reported $0.9 million on May 23 ’25. In the deal valued at $59.95 per share,15,000 shares were bought. As a result of this transaction, Joseph Victor George now holds 15,025 shares worth roughly $1.0 million.
Then, Zhang Ximeng Simon bought 1,500 shares, generating $92,866 in total proceeds. Upon buying the shares at $61.91, the insider now owns 1,500 shares.
Before that, Ribisi Mark Allan bought 55 shares. Mercury General Corp shares valued at $3,559 were divested by the President of AIS subsidiary at a price of $64.71 per share. As a result of the transaction, Ribisi Mark Allan now holds 680 shares, worth roughly $45138.399999999994.
Raymond James upgraded its Mercury General Corp [MCY] rating to a Strong buy from a an Outperform in a research note published on February 12, 2025; the price target was increased to $80 from $70. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early July from “a Strong buy” to “an Outperform”. Raymond James also remained covering MCY and has increased its forecast on November 04, 2022 with a “Strong buy” recommendation from previously “an Underperform” rating. Raymond James revised its rating on April 03, 2020. It rated MCY as “an Underperform” which previously was an “a Mkt perform”.
Price Performance Review of MCY
On Tuesday, Mercury General Corp [NYSE:MCY] saw its stock fall -2.78% to $66.38. Over the last five days, the stock has gained 0.73%. Mercury General Corp shares have risen nearly 23.25% since the year began. Nevertheless, the stocks have fallen -0.15% over the past one year. While a 52-week high of $80.72 was reached on 07/14/25, a 52-week low of $44.19 was recorded on 01/13/25.
Levels Of Support And Resistance For MCY Stock
The 24-hour chart illustrates a support level at 65.49, which if violated will result in even more drops to 64.60. On the upside, there is a resistance level at 67.95. A further resistance level may holdings at 69.52.
How much short interest is there in Mercury General Corp?
A steep rise in short interest was recorded in Mercury General Corp stocks on 2025-06-13, dropping by -0.2 million shares to a total of 1.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.71 million shares. There was a decline of -12.87%, which implies that there is a negative sentiment for the stock.
