Randall Weisenburger Sells Shares of MP Materials
Randall Weisenburger sold 3,998 shares of MP Materials on June 15, 2026.
Key Points
- Randall Weisenburger sold 3,998 shares of MP Materials on June 15, 2026, with shares trading at $57.55.
- MP Materials has a market cap of $10.25 billion and a forward P/E ratio of 49.99.
- Analysts maintain a strong buy consensus with a mean price target of $80.44.
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Randall Weisenburger, an insider at MP Materials Corp. (NYSE:MP), sold 3,998 shares of the company on June 15, 2026. The transaction occurred as the stock traded at $57.55.
Other Institutional Activity in MP Materials
Several major funds have also been active with MP Materials. BlackRock, Inc. increased its holdings by 1,270,058 shares, bringing its total to 14,746,925 shares, valued at about $711.69 million. Similarly, State Street Corp added 799,342 shares, ending with 7,397,227 shares worth approximately $356.99 million. On the other hand, Morgan Stanley made a significant addition of 2,374,501 shares, resulting in a total of 5,552,307 shares valued at $267.95 million.
MP Materials Corp. Stock Up 3.8%
Shares of NYSE:MP traded near $57.55. MP Materials Corp., with a market cap of $10.25 billion, has a forward P/E ratio of 49.99 and a beta of 1.841. The stock's 52-week range has seen a low of $29.58 and a high of $100.25, while its 50-day moving average is $61.83 and the 200-day moving average is $62.41. The company has a strong current ratio of 7.176 and a quick ratio of 6.512, with a debt-to-equity ratio of 44.018.
Recent Earnings
MP Materials reported revenue of $347.57 million, with a slight growth of 1.19%. However, the company posted a negative net margin of -20.48% and a return on equity of -4.17%. The next earnings release is scheduled for August 6, 2026.
Insider Buying and Selling at MP Materials Corp.
On June 15, 2026, multiple insiders at MP Materials were active in the market. Richard Myers, Connie Duckworth, and Maryanne Lavan each sold 3,998 shares, while Randall Weisenburger also sold the same amount. These transactions were not part of a pre-planned trading program.
Analysts Set New Price Targets
Analysts are optimistic about MP Materials, with several firms maintaining a buy rating. On June 1, 2026, Needham initiated coverage with a buy rating and an $81.00 price target. Barclays also initiated coverage with a buy rating and a $69.00 target on May 22, 2026. DA Davidson maintained its buy rating with an $82.00 target on May 20, 2026. The consensus among 16 analysts is a strong buy, with a mean price target of $80.44.
About MP Materials
MP Materials Corp. is a company based in Las Vegas, Nevada, specializing in the production of rare earth materials. It operates the Mountain Pass Rare Earth Mine and Processing Facility in California. The company is divided into two segments: Materials and Magnetics. The Materials segment handles mining and processing, while the Magnetics segment focuses on producing magnetic products. Led by CEO James Henry Litinsky, MP Materials employs around 998 people.
Bottom Line
Randall Weisenburger's sale of 3,998 shares of MP Materials is one of several insider transactions at the company. Investors often track such moves for clues on insider sentiment, though these transactions don't necessarily indicate future stock performance. With a strong buy consensus among analysts, MP Materials continues to be a stock of interest in the industrial metals and mining sector.
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