Magnera Corp’s recent filing unveils that its Director Curless Michael S acquired Company’s shares for reported $0.12 million on Jun 04 ’25. In the deal valued at $12.29 per share,10,000 shares were bought. As a result of this transaction, Curless Michael S now holds 10,000 shares worth roughly $0.14 million.
Then, Marnick Samantha J. bought 4,000 shares, generating $49,511 in total proceeds. Upon buying the shares at $12.38, the Director now owns 4,000 shares.
Before that, Salmon Tom bought 17,000 shares. Magnera Corp shares valued at $203,014 were divested by the Director at a price of $11.94 per share. As a result of the transaction, Salmon Tom now holds 35,289 shares, worth roughly $0.5 million.
Wells Fargo upgraded its Magnera Corp [MAGN] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Vertical Research’s analysts, who increased its forecast for the stock in mid November from “a Hold” to “a Buy”. Wells Fargo also remained covering MAGN and has decreased its forecast on May 14, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. Vertical Research started covering the stock on March 19, 2025. It rated MAGN as “a Hold”.
Price Performance Review of MAGN
On Friday, Magnera Corp [NYSE:MAGN] saw its stock jump 2.76% to $14.16. Over the last five days, the stock has gained 39.10%. Magnera Corp shares have fallen nearly -30.76% since the year began. Nevertheless, the stocks have fallen -22.07% over the past one year. While a 52-week high of $23.19 was reached on 02/12/25, a 52-week low of $7.82 was recorded on 11/19/25.
Levels Of Support And Resistance For MAGN Stock
The 24-hour chart illustrates a support level at 13.71, which if violated will result in even more drops to 13.25. On the upside, there is a resistance level at 14.51. A further resistance level may holdings at 14.85.
How much short interest is there in Magnera Corp?
A steep rise in short interest was recorded in Magnera Corp stocks on 2025-11-14, dropping by 62712.0 shares to a total of 3.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-15 was 3.76 million shares. There was a decline of -1.7%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 23, 2025 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $22 price target.
