Methode Electronics, Inc’s filing revealed that its SVP Global Automotive Business Ullrich Lars acquired Company’s shares for reported $0.1 million on Mar 14 ’25. In the deal valued at $6.69 per share,15,150 shares were bought. As a result of this transaction, Ullrich Lars now holds 15,150 shares worth roughly $0.14 million.
Then, DeGaynor Jonathan B bought 32,733 shares, generating $211,357 in total proceeds. Upon buying the shares at $6.46, the CEO and President now owns 32,733 shares.
Before that, LINDSEY MARY A bought 8,800 shares. Methode Electronics, Inc shares valued at $100,108 were divested by the Director at a price of $11.38 per share. As a result of the transaction, LINDSEY MARY A now holds 25,970 shares, worth roughly $0.24 million.
Sidoti upgraded its Methode Electronics, Inc [MEI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early April with a ‘”a Hold”‘ rating. Sidoti also remained covering MEI and has decreased its forecast on March 07, 2024 with a “Neutral” recommendation from previously “Buy” rating. Jefferies started covering the stock on November 22, 2022. It rated MEI as “a Buy”.
Price Performance Review of MEI
On Tuesday, Methode Electronics, Inc [NYSE:MEI] saw its stock fall -3.19% to $9.09. Over the last five days, the stock has gained 4.72%. Methode Electronics, Inc shares have fallen nearly -22.90% since the year began. Nevertheless, the stocks have fallen -8.00% over the past one year. While a 52-week high of $17.45 was reached on 01/22/25, a 52-week low of $5.08 was recorded on 04/04/25.
Levels Of Support And Resistance For MEI Stock
The 24-hour chart illustrates a support level at 8.97, which if violated will result in even more drops to 8.84. On the upside, there is a resistance level at 9.31. A further resistance level may holdings at 9.53.
The most recent change occurred on January 20, 2022 when Barrington Research began covering the stock and recommended ‘”a Mkt perform”‘ rating .
