Freeport-McMoRan Inc’s recently made public that its Chief Accounting Officer Mikes Ellie L. unloaded Company’s shares for reported $0.34 million on Jun 02 ’25. In the deal valued at $40.02 per share,8,584 shares were sold. As a result of this transaction, Mikes Ellie L. now holds 48,333 shares worth roughly $2.24 million.
Then, Mikes Ellie L. bought 8,584 shares, generating $343,519 in total proceeds.
Before that, Robertson Maree E. sold 13,000 shares. Freeport-McMoRan Inc shares valued at $583,878 were divested by the EVP & CFO at a price of $44.91 per share. As a result of the transaction, Robertson Maree E. now holds 68,198 shares, worth roughly $3.16 million.
Scotiabank upgraded its Freeport-McMoRan Inc [FCX] rating to a Sector outperform from a a Sector perform in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in mid April from “a Peer perform” to “an Outperform”. JP Morgan also remained covering FCX and has increased its forecast on March 20, 2025 with a “an Overweight” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on March 06, 2025. It rated FCX as “a Buy” which previously was an “a Hold”.
Price Performance Review of FCX
On Tuesday, Freeport-McMoRan Inc [NYSE:FCX] saw its stock jump 2.53% to $46.27. Over the last five days, the stock has gained 6.74%. Freeport-McMoRan Inc shares have fallen nearly -7.99% since the year began. Nevertheless, the stocks have risen 22.01% over the past one year. While a 52-week high of $52.31 was reached on 07/08/25, a 52-week low of $27.60 was recorded on 04/07/25.
Levels Of Support And Resistance For FCX Stock
The 24-hour chart illustrates a support level at 44.37, which if violated will result in even more drops to 42.47. On the upside, there is a resistance level at 48.65. A further resistance level may holdings at 51.02.
How much short interest is there in Freeport-McMoRan Inc?
A steep rise in short interest was recorded in Freeport-McMoRan Inc stocks on 2025-06-13, dropping by -5.24 million shares to a total of 23.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 29.21 million shares. There was a decline of -21.85%, which implies that there is a negative sentiment for the stock.
