Insider Purchase: Executive Chairman of $MG Buys 10,000 Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 06 2025
0mins
Source: NASDAQ.COM
Insider Trading Activity: Manuel N. Stamatakis, Executive Chairman of $MG, purchased 10,000 shares for approximately $77,100, increasing his holdings by 2.7%, while insiders have made five purchases and no sales in the last six months.
Institutional Investor Movements: In the latest quarter, 49 institutional investors increased their positions in $MG stock, while 66 reduced theirs, indicating mixed sentiment among larger shareholders.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like MG with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on MG
Wall Street analysts forecast MG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MG is 16.00 USD with a low forecast of 16.00 USD and a high forecast of 16.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 13.890
Low
16.00
Averages
16.00
High
16.00
Current: 13.890
Low
16.00
Averages
16.00
High
16.00
About MG
Mistras Group, Inc. is a provider of integrated technology-enabled asset protection solutions. Its segments include North America, International and Products and Systems. Its North America segment provides asset protection solutions in the United States and Canada, which consist primarily of non-destructive testing, inspection, in-laboratory testing, mechanical and engineering services that are used to evaluate the structural integrity and reliability of critical energy, industrial and public infrastructure and commercial aerospace components. Software, digital and data analytical solutions and services are included in this segment. Its International segment offers services, products and systems similar to those of the other segments to select markets within Europe, the Middle East, Africa, Asia and South America. The Products and Systems segment designs, manufactures, sells, installs and services its asset protection products and systems, including equipment and instrumentation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
President Trump Tells U.S. Automakers: 'Allow China In.'
- Visit to Detroit: President Trump visited Detroit, Michigan, a key location in the American auto industry.
- Significance of the Visit: The visit highlights the importance of the auto industry to the U.S. economy and Trump's engagement with this sector.
Continue Reading
Magna Expands Collaboration with NVIDIA to Support Autonomous Driving Deployments
- Strategic Collaboration Upgrade: Magna's expanded partnership with NVIDIA will provide OEMs with system integration and validation services based on the NVIDIA DRIVE Hyperion platform, covering autonomy systems from L2++ to L4, thereby enhancing Magna's leadership position in the automotive industry.
- Technical Integration Capability: By combining NVIDIA's advanced AI computing power with Magna's engineering and validation expertise, Magna offers OEMs flexible hardware and software integration solutions, ensuring the safe deployment of high-performance compute ECUs and sensors critical for autonomous functionality.
- Global Support Network: With its global manufacturing and engineering capabilities, Magna is well-positioned to effectively manage system launch activities, including verification, validation, safety approval, and deployment, ensuring OEMs operate safely in complex environments.
- Future Technology Outlook: Magna and NVIDIA plan to continue their collaboration to support the development of future vehicle platforms and advance next-generation automotive technologies, reflecting the growing ecosystem around AI-defined vehicles.
Continue Reading