Needham gives a Buy recommendation for Montrose Environmental Group Inc (MEG)

Montrose Environmental Group Inc’s recently made public that its Director Colman Vincent acquired Company’s shares for reported $49010.0 on May 13 ’25. In the deal valued at $18.85 per share,2,600 shares were bought. As a result of this transaction, Colman Vincent now holds 7,996 shares worth roughly $0.18 million.

Needham reiterated its Montrose Environmental Group Inc [MEG] rating to a Buy in a research note published on April 04, 2025; the price target was $28. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Buy”‘ rating for it. JP Morgan also remained covering MEG and has decreased its forecast on November 08, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. BofA Securities revised its rating on November 06, 2024. It rated MEG as “a Neutral” which previously was an “a Buy”.

Price Performance Review of MEG

On Tuesday, Montrose Environmental Group Inc [NYSE:MEG] saw its stock jump 6.77% to $22.72. Over the last five days, the stock has gained 1.47%. Montrose Environmental Group Inc shares have fallen nearly -25.34% since the year began. Nevertheless, the stocks have risen 22.48% over the past one year.

How much short interest is there in Montrose Environmental Group Inc?

A steep rise in short interest was recorded in Montrose Environmental Group Inc stocks on 2025-07-15, growing by 0.41 million shares to a total of 3.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 2.87 million shares. There was a rise of 12.41%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on August 14, 2024 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $43 price target.

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