MeiraGTx Holdings plc [MGTX] Shares Fall -4.62% on Thursday

Roman Campbell

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. MeiraGTx Holdings plc shares valued at $212,880 were sold by Giroux Richard on Oct 21 ’25. At $8.87 per share, Giroux Richard sold 24,000 shares. The insider’s holdings dropped to 829,494 shares worth approximately $6.85 million following the completion of this transaction.

Also, Richard Giroux purchased 24,000 shares, netting a total of over 212,880 in proceeds.

Before that, Forbes Alexandria had sold 47,500 shares from its account. In a trade valued at $398,525, the PRESIDENT & CEO traded MeiraGTx Holdings plc shares for $8.39 each. Upon closing the transaction, the insider’s holdings decreased to 47,500 shares, worth approximately $10.85 million.

As published in their initiating research note from Raymond James on October 21, 2025, MeiraGTx Holdings plc [MGTX] has been a Strong buy and the price target has been revised to $29. As of October 23, 2020, RBC Capital Mkts has initiated its “an Outperform” rating for MGTX.

Analyzing MGTX Stock Performance

On last trading session, MeiraGTx Holdings plc [NASDAQ: MGTX] plunged -4.62% to $8.26. The stock’s lowest price that day was $8.0, but it reached a high of $8.99 in the same session. During the last five days, there has been a drop of approximately -1.78%. Over the course of the year, MeiraGTx Holdings plc shares have jumped approximately 16.34%. Shares of the company reached a 52-week high of $9.73 on 11/10/25 and a 52-week low of $4.55 on 05/14/25.

Support And Resistance Levels for MeiraGTx Holdings plc (MGTX)

According to the 24-hour chart, there is a support level at 7.84, which, if violated, would cause prices to drop to 7.43. In the upper region, resistance lies at 8.83. The next price resistance is at 9.41. RSI (Relative Strength Index) is 45.85 on the 14-day chart, showing neutral technical sentiment.

Is MeiraGTx Holdings plc subject to short interest?

Stocks of MeiraGTx Holdings plc saw a sharp rise in short interest on 2025-10-31 jumping by 51298.0 shares to 3.81 million. Data from Yahoo Finance shows that the short interest on 2025-09-30 was 3.75 million shares. A jump of 1.35% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 9.25 of the overall float, the days-to-cover ratio (short ratio) jumped to 9.25.

Which companies own the most shares of MeiraGTx Holdings plc (MGTX)?

In terms of MeiraGTx Holdings plc share price expectations, FactSet research, analysts set an average price target of 9 in the next 12 months, up nearly 3.93% from the previous closing price of $8.66. Analysts anticipate MeiraGTx Holdings plc stock to reach 9 by 2025, with the lowest price target being 9. On September 03, 2019, Piper Jaffray assigned a price target of “an Overweight” to the stock and initiated coverage with a $40.

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