Days-to-cover ratio for MGEE surges to 6.01 due to rise in short interest

Roman Campbell

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. MGE Energy, Inc shares valued at $21,238 were purchased by Berbee James G on Sep 08 ’25. At $83.75 per share, Berbee James G acquired 254 shares. The insider’s holdings grew to 6,583 shares worth approximately $0.54 million following the completion of this transaction.

Also, Berbee James G purchased 507 shares, netting a total of over 42,476 in proceeds. Following the buying of shares at $83.83 each, the insider now holds 6,329 shares.

Before that, Berbee James G had added 446 shares to its account. In a trade valued at $40,470, the Director bought MGE Energy, Inc shares for $90.83 each. Upon closing the transaction, the insider’s holdings increased to 446 shares, worth approximately $0.95 million.

As published in a research note from Ladenburg Thalmann on September 11, 2025, MGE Energy, Inc [MGEE] has been rated up from a Sell to a Neutral and the price target has been revised to $83. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid November. As of September 09, 2020, Morgan Stanley has initiated its “an Equal-weight” rating for MGEE. Earlier on May 26, 2020, BofA/Merrill initiated its rating. Their recommendation was “an Underperform” for MGEE stock.

Analyzing MGEE Stock Performance

On last trading session, MGE Energy, Inc [NASDAQ: MGEE] rose 0.71% to $82.71. The stock’s lowest price that day was $81.64, but it reached a high of $83.79 in the same session. During the last five days, there has been a surge of approximately 2.29%. Over the course of the year, MGE Energy, Inc shares have dropped approximately -20.58%. Shares of the company reached a 52-week high of $96.25 on 01/13/25 and a 52-week low of $80.67 on 11/19/25.

Support And Resistance Levels for MGE Energy, Inc (MGEE)

According to the 24-hour chart, there is a support level at 81.64, which, if violated, would cause prices to drop to 80.56. In the upper region, resistance lies at 83.79. The next price resistance is at 84.86. RSI (Relative Strength Index) is 47.32 on the 14-day chart, showing neutral technical sentiment.

Is MGE Energy, Inc subject to short interest?

Stocks of MGE Energy, Inc saw a sharp rise in short interest on 2025-11-14 jumping by 6933.0 shares to 0.69 million. Data from Yahoo Finance shows that the short interest on 2025-10-15 was 0.68 million shares. A jump of 1.01% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.01 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.01.

Which companies own the most shares of MGE Energy, Inc (MGEE)?

In terms of MGE Energy, Inc share price expectations, FactSet research, analysts set an average price target of 71 in the next 12 months, down nearly -13.55% from the previous closing price of $82.13. Analysts anticipate MGE Energy, Inc stock to reach 71 by 2025, with the lowest price target being 71. In spite of this, 1 analysts ranked MGE Energy, Inc stock as Sell at the end of 2025. On November 25, 2015, Robert W. Baird assigned a price target of “a Neutral” to the stock and initiated coverage with a $44.

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