In a filing, Montrose Environmental Group Inc revealed 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 $0.17 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 2.64% to $21.74. Over the last five days, the stock has lost -7.96%. Montrose Environmental Group Inc shares have fallen nearly -54.09% since the year began. Nevertheless, the stocks have risen 17.20% over the past one year. While a 52-week high of $49.24 was reached on 01/21/25, a 52-week low of $10.51 was recorded on 04/09/25.
Levels Of Support And Resistance For MEG Stock
The 24-hour chart illustrates a support level at 21.34, which if violated will result in even more drops to 20.94. On the upside, there is a resistance level at 22.06. A further resistance level may holdings at 22.38.
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 2025-05-30, dropping by 96331.0 shares to a total of 3.2 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 3.3 million shares. There was a decline of -3.01%, which implies that there is a negative 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.
