Mayville Engineering Company Inc’s recently made public that its President & CEO Reddy Jagadeesh A acquired Company’s shares for reported $5225.0 on Mar 12 ’25. In the deal valued at $13.75 per share,380 shares were bought. As a result of this transaction, Reddy Jagadeesh A now holds 380 shares worth roughly $6558.8.
Then, Leuba Sean P bought 1,000 shares, generating $14,179 in total proceeds. Upon buying the shares at $14.18, the SVP, Corp. Development & GC now owns 2,000 shares.
Before that, Butz Todd M bought 1,272 shares. Mayville Engineering Company Inc shares valued at $20,079 were divested by the Chief Financial Officer at a price of $15.79 per share. As a result of the transaction, Butz Todd M now holds 40,998 shares, worth roughly $0.71 million.
DA Davidson initiated its Mayville Engineering Company Inc [MEC] rating to a Buy in a research note published on June 17, 2025; the price target was $23. A number of analysts have revised their coverage, including Northland Capital’s analysts, who decreased its forecast for the stock in early November from “an Outperform” to “a Market perform”. Robert W. Baird also remained covering MEC and has decreased its forecast on June 09, 2023 with a “Neutral” recommendation from previously “an Outperform” rating. Northland Capital started covering the stock on May 17, 2023. It rated MEC as “an Outperform”.
Price Performance Review of MEC
On Tuesday, Mayville Engineering Company Inc [NYSE:MEC] saw its stock jump 3.54% to $17.26. Over the last five days, the stock has gained 11.21%. Mayville Engineering Company Inc shares have fallen nearly -9.49% since the year began. Nevertheless, the stocks have risen 9.80% over the past one year. While a 52-week high of $23.02 was reached on 07/29/25, a 52-week low of $11.72 was recorded on 04/22/25.
Levels Of Support And Resistance For MEC Stock
The 24-hour chart illustrates a support level at 16.77, which if violated will result in even more drops to 16.29. On the upside, there is a resistance level at 17.66. A further resistance level may holdings at 18.06.
How much short interest is there in Mayville Engineering Company Inc?
A steep rise in short interest was recorded in Mayville Engineering Company Inc stocks on 2025-07-15, growing by 0.16 million shares to a total of 0.47 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 0.31 million shares. There was a rise of 34.21%, which implies that there is a positive sentiment for the stock.
