The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Methode Electronics, Inc shares valued at $101,390 were purchased by Ullrich Lars on Mar 14 ’25. At $6.69 per share, Ullrich Lars acquired 15,150 shares. The insider’s holdings grew to 15,150 shares worth approximately $0.12 million following the completion of this transaction.
Also, DeGaynor Jonathan B purchased 32,733 shares, netting a total of over 211,357 in proceeds. Following the buying of shares at $6.46 each, the insider now holds 32,733 shares.
Before that, LINDSEY MARY A had added 8,800 shares to its account. In a trade valued at $100,108, the Director bought Methode Electronics, Inc shares for $11.38 each. Upon closing the transaction, the insider’s holdings increased to 8,800 shares, worth approximately $0.2 million.
As published in a research note from Sidoti on February 25, 2025, Methode Electronics, Inc [MEI] has been rated up from a Neutral to a Buy. Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in early April. As of March 07, 2024, Sidoti has decreased its “Buy” rating to a “Neutral” for MEI. Earlier on November 22, 2022, Jefferies initiated its rating. Their recommendation was “a Buy” for MEI stock.
Analyzing MEI Stock Performance
On last trading session,, Methode Electronics, Inc [NYSE: MEI] plunged -25.17% to $7.7. The stock’s lowest price that day was $7.67, but it reached a high of $8.58 in the same session. During the last five days, there has been a drop of approximately -22.54%. Over the course of the year, Methode Electronics, Inc shares have dropped approximately -21.67%. Shares of the company reached a 52-week high of $13.31 on 01/22/25 and a 52-week low of $5.08 on 04/04/25.
Support And Resistance Levels for Methode Electronics, Inc (MEI)
According to the 24-hour chart, there is a support level at 7.39, which, if violated, would cause prices to drop to 7.07. In the upper region, resistance lies at 8.30. The next price resistance is at 8.89. RSI (Relative Strength Index) is 34.70 on the 14-day chart, showing neutral technical sentiment.
Is Methode Electronics, Inc subject to short interest?
Stocks of Methode Electronics, Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.33 million shares to 1.09 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.42 million shares. A decline of -30.44% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.47 of the overall float, the days-to-cover ratio (short ratio) decline to 4.47.
Which companies own the most shares of Methode Electronics, Inc (MEI)?
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In terms of Methode Electronics, Inc share price expectations, FactSet research, analysts set an average price target of 9 in the next 12 months, down nearly -12.54% from the previous closing price of $10.29. Analysts anticipate Methode Electronics, Inc stock to reach 9 by 2025, with the lowest price target being 9. In spite of this, 3 analysts ranked Methode Electronics, Inc stock as Hold at the end of 2025.
