In a filing, MGE Energy, Inc revealed its Director Berbee James G acquired Company’s shares for reported $40470.0 on Mar 12 ’25. In the deal valued at $90.83 per share,446 shares were bought. As a result of this transaction, Berbee James G now holds 11,532 shares worth roughly $1.04 million.
Then, Berbee James G bought 406 shares, generating $35,480 in total proceeds. Upon buying the shares at $87.36, the Director now owns 10,295 shares.
Before that, Berbee James G bought 58 shares. MGE Energy, Inc shares valued at $4,497 were divested by the Director at a price of $78.00 per share. As a result of the transaction, Berbee James G now holds 9,834 shares, worth roughly $0.88 million.
Morgan Stanley downgraded its MGE Energy, Inc [MGEE] rating to an Underweight from a an Equal-weight in a research note published on November 17, 2021; the price target was decreased to $69 from $71. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early September with a ‘”an Equal-weight”‘ rating. BofA/Merrill began covering MGEE with “an Underperform” recommendation on May 26, 2020. Robert W. Baird started covering the stock on November 25, 2015. It rated MGEE as “a Neutral”.
Price Performance Review of MGEE
On Friday, MGE Energy, Inc [NASDAQ:MGEE] saw its stock jump 0.51% to $89.99. Over the last five days, the stock has lost -2.82%. MGE Energy, Inc shares have fallen nearly -4.23% since the year began. Nevertheless, the stocks have risen 9.37% over the past one year. While a 52-week high of $109.22 was reached on 01/13/25, a 52-week low of $72.27 was recorded on 04/07/25. SMA at 50 days reached $90.96, while 200 days put it at $92.11.
Levels Of Support And Resistance For MGEE Stock
The 24-hour chart illustrates a support level at 88.69, which if violated will result in even more drops to 87.40. On the upside, there is a resistance level at 90.78. A further resistance level may holdings at 91.57. The Relative Strength Index (RSI) on the 14-day chart is 46.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.95%. Stochastics %K at 37.26% indicates the stock is a holding.
How much short interest is there in MGE Energy, Inc?
A steep rise in short interest was recorded in MGE Energy, Inc stocks on 2025-04-30, dropping by -0.12 million shares to a total of 0.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 1.07 million shares. There was a decline of -12.83%, which implies that there is a negative sentiment for the stock.
