MSC Industrial Direct Co., Inc’s recently made public that its Director JACOBSON MITCHELL acquired Company’s shares for reported $9.17 million on Apr 07 ’25. In the deal valued at $69.73 per share,131,551 shares were bought. As a result of this transaction, JACOBSON MITCHELL now holds 1,924,083 shares worth roughly $164.47 million.
Then, JACOBSON MITCHELL bought 27,642 shares, generating $1,928,582 in total proceeds. Upon buying the shares at $69.77, the Director now owns 1,951,725 shares.
Before that, PELLER PHILIP sold 900 shares. MSC Industrial Direct Co., Inc shares valued at $80,164 were divested by the Director at a price of $89.07 per share. As a result of the transaction, PELLER PHILIP now holds 4,044 shares, worth roughly $0.35 million.
JP Morgan upgraded its MSC Industrial Direct Co., Inc [MSM] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid January with a ‘”an Outperform”‘ rating. Stephens also remained covering MSM and has decreased its forecast on December 04, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Loop Capital revised its rating on June 17, 2024. It rated MSM as “a Hold” which previously was an “a Buy”.
Price Performance Review of MSM
On Friday, MSC Industrial Direct Co., Inc [NYSE:MSM] saw its stock jump 0.84% to $85.48. Over the last five days, the stock has gained 5.40%. MSC Industrial Direct Co., Inc shares have risen nearly 7.37% since the year began. Nevertheless, the stocks have risen 14.45% over the past one year. While a 52-week high of $90.81 was reached on 06/27/25, a 52-week low of $68.10 was recorded on 04/07/25.
Levels Of Support And Resistance For MSM Stock
The 24-hour chart illustrates a support level at 84.61, which if violated will result in even more drops to 83.74. On the upside, there is a resistance level at 86.14. A further resistance level may holdings at 86.81.
How much short interest is there in MSC Industrial Direct Co., Inc?
A steep rise in short interest was recorded in MSC Industrial Direct Co., Inc stocks on 2025-06-13, growing by 516.0 shares to a total of 2.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 2.95 million shares. There was a rise of 0.02%, which implies that there is a positive sentiment for the stock.
