Mirae Asset Global Investments Co. Ltd. bought a new stake in MP Materials Corp. (NYSE:MP – Free Report) during the third quarter, HoldingsChannel reports. The firm bought 121,950 shares of the company’s stock, valued at approximately $8,179,000.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Wolff Wiese Magana LLC grew its stake in MP Materials by 28.1% in the third quarter. Wolff Wiese Magana LLC now owns 806 shares of the company’s stock valued at $54,000 after purchasing an additional 177 shares in the last quarter. Miracle Mile Advisors LLC boosted its holdings in shares of MP Materials by 1.0% in the 3rd quarter. Miracle Mile Advisors LLC now owns 18,162 shares of the company’s stock valued at $1,218,000 after buying an additional 188 shares during the last quarter. Wedmont Private Capital grew its stake in shares of MP Materials by 1.7% in the third quarter. Wedmont Private Capital now owns 11,824 shares of the company’s stock valued at $872,000 after buying an additional 195 shares in the last quarter. Cresset Asset Management LLC increased its holdings in MP Materials by 1.0% during the second quarter. Cresset Asset Management LLC now owns 21,444 shares of the company’s stock worth $713,000 after buying an additional 204 shares during the last quarter. Finally, Ballentine Partners LLC increased its holdings in MP Materials by 3.7% during the third quarter. Ballentine Partners LLC now owns 7,516 shares of the company’s stock worth $504,000 after buying an additional 269 shares during the last quarter. Institutional investors own 52.55% of the company’s stock.
Insider Activity at MP Materials
In other MP Materials news, CEO James H. Litinsky sold 272,600 shares of the stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $64.17, for a total transaction of $17,492,742.00. Following the transaction, the chief executive officer owned 12,805,965 shares in the company, valued at $821,758,774.05. This trade represents a 2.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Ryan Corbett sold 38,146 shares of MP Materials stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $60.00, for a total value of $2,288,760.00. Following the sale, the chief financial officer directly owned 156,666 shares of the company’s stock, valued at $9,399,960. This represents a 19.58% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 991,557 shares of company stock valued at $62,785,202. 9.50% of the stock is currently owned by insiders.
MP Materials Stock Performance
MP Materials (NYSE:MP – Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.05. MP Materials had a negative net margin of 50.55% and a negative return on equity of 7.69%. The firm had revenue of $53.55 million for the quarter, compared to analysts’ expectations of $49.72 million. During the same period in the prior year, the firm earned ($0.12) EPS. The business’s revenue was down 14.9% on a year-over-year basis. On average, sell-side analysts predict that MP Materials Corp. will post -0.19 earnings per share for the current year.
MP Materials News Summary
Here are the key news stories impacting MP Materials this week:
- Positive Sentiment: Northlake, Texas approved tax incentives to attract a planned $1 billion rare-earth magnet plant tied to MP’s supply chain expansion — this supports long‑term domestic magnet manufacturing and downstream demand for MP’s materials. Tax breaks OK’d to lure $1 billion rare earth magnet plant to Northlake
- Neutral Sentiment: MP set its Q4 2025 earnings release and webcast for Feb. 26; investors will get updated guidance and details then — a potential near‑term catalyst. MP Materials Announces Date for Fourth Quarter 2025 Financial Results and Webcast
- Neutral Sentiment: MP publicly disputed reports about broader government price protections, calling them misleading — this could limit further reputation-driven selling if the company clarifies existing contracts. MP Materials (MP) Stock Drops as Company Slams “Misleading” Price Protection Report
- Negative Sentiment: Reports that the Biden/Trump administration (sources cited) is backing away from setting critical‑mineral price floors rattled markets — investors fear less federal price support for rare‑earth producers, a key demand driver for MP. Trump administration backs away from setting critical mineral price floors, sources say
- Negative Sentiment: Coverage tying the price-floor headlines to MP’s recent government price guarantees (and DoD ties) pushed selling pressure and volume as traders priced in reduced policy support. Why MP Materials Stock Just Crashed
- Negative Sentiment: Market headlines and commentary flagged the same risk and noted the stock decline, amplifying the move as momentum players and funds adjusted exposure. MP material stock sinks on Trump rare earth price-floor comment. What to do now.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on MP. DA Davidson reiterated a “buy” rating and issued a $82.00 price target on shares of MP Materials in a research note on Thursday, November 20th. JPMorgan Chase & Co. raised shares of MP Materials from a “neutral” rating to an “overweight” rating and dropped their target price for the company from $75.00 to $74.00 in a report on Friday, November 14th. Wall Street Zen downgraded shares of MP Materials from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of MP Materials in a research report on Thursday, January 22nd. Finally, Bank of America upped their price objective on MP Materials from $78.00 to $112.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $78.91.
Read Our Latest Research Report on MP
MP Materials Company Profile
MP Materials Corporation operates as a vertically integrated producer of rare earth materials in North America. The company owns and manages the Mountain Pass Rare Earth Mine and Processing Facility in California, the only commercially viable rare earth mining and processing site in the United States. MP Materials extracts, separates and refines critical rare earth elements—such as neodymium, praseodymium, and cerium—which are essential inputs for permanent magnets used in electric vehicles, wind turbines, and various defense applications.
The Mountain Pass mine first began commercial rare earth production in the 1950s and was later operated by Molycorp until its bankruptcy in 2015.
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