A company insider recently bought 50,500 shares of Macrogenics Inc [MGNX]. Should You Buy?

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. Macrogenics Inc shares valued at $76,760 were purchased by HEIDEN WILLIAM K on Aug 19 ’25. At $1.52 per share, HEIDEN WILLIAM K acquired 50,500 shares. The insider’s holdings grew to 61,500 shares worth approximately $0.11 million following the completion of this transaction.

Also, HEIDEN WILLIAM K purchased 49,500 shares, netting a total of over 73,755 in proceeds. Following the buying of shares at $1.49 each, the insider now holds 111,000 shares.

Before that, Smith Beth Ann had sold 423 shares from its account. In a trade valued at $1,083, the VP, Controller & Treasurer traded Macrogenics Inc shares for $2.56 each. Upon closing the transaction, the insider’s holdings decreased to 423 shares, worth approximately $16395.04.

Analysts at JMP Securities downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early November. As of August 01, 2024, BTIG Research has decreased its “Buy” rating to a “Neutral” for MGNX. Earlier on July 31, 2024, Guggenheim downgraded its rating. Their new recommendation was “a Neutral” for MGNX stock which previously was a “a Buy”.

Analyzing MGNX Stock Performance

On last trading session, Macrogenics Inc [NASDAQ: MGNX] rose 3.61% to $1.72. The stock’s lowest price that day was $1.64, but it reached a high of $1.82 in the same session. During the last five days, there has been a surge of approximately 12.42%. Over the course of the year, Macrogenics Inc shares have dropped approximately -47.56%. Shares of the company reached a 52-week high of $3.6000 on 01/06/25 and a 52-week low of $0.9900 on 04/07/25.

Support And Resistance Levels for Macrogenics Inc (MGNX)

According to the 24-hour chart, there is a support level at 1.6333, which, if violated, would cause prices to drop to 1.5467. In the upper region, resistance lies at 1.8133. The next price resistance is at 1.9067. RSI (Relative Strength Index) is 52.61 on the 14-day chart, showing neutral technical sentiment.

Is Macrogenics Inc subject to short interest?

Stocks of Macrogenics Inc saw a sharp steep in short interest on 2025-08-29 dropping by -0.28 million shares to 3.76 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 4.04 million shares. A decline of -7.46% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.9 of the overall float, the days-to-cover ratio (short ratio) decline to 5.9.

Which companies own the most shares of Macrogenics Inc (MGNX)?

In terms of Macrogenics Inc share price expectations, FactSet research, analysts set an average price target of 2.5 in the next 12 months, up nearly 50.6% from the previous closing price of $1.66. Analysts anticipate Macrogenics Inc stock to reach 3 by 2025, with the lowest price target being 2. In spite of this, 8 analysts ranked Macrogenics Inc stock as Buy at the end of 2025. On July 31, 2024, B. Riley Securities assigned a price target of “a Neutral” to the stock and downgraded coverage with a $5.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.