Several brokerages have updated their recommendations and price targets on shares of Mayville Engineering (NYSE: MEC) in the last few weeks:
- 3/9/2026 – Mayville Engineering had its price target raised by DA Davidson from $21.00 to $23.00. They now have a “buy” rating on the stock.
- 3/6/2026 – Mayville Engineering was upgraded by Zacks Research from “strong sell” to “hold”.
- 3/5/2026 – Mayville Engineering was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
- 3/5/2026 – Mayville Engineering had its price target raised by Citigroup Inc. from $24.00 to $25.00. They now have a “buy” rating on the stock.
- 3/5/2026 – Mayville Engineering was upgraded by Northland Securities from “market perform” to “outperform”. They now have a $25.00 price target on the stock, up from $20.00.
- 1/22/2026 – Mayville Engineering had its “hold (c-)” rating reaffirmed by Weiss Ratings.
Insider Transactions at Mayville Engineering
In other Mayville Engineering news, insider Sean P. Leuba sold 6,698 shares of Mayville Engineering stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $18.81, for a total value of $125,989.38. Following the completion of the sale, the insider directly owned 11,841 shares of the company’s stock, valued at approximately $222,729.21. The trade was a 36.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 5.60% of the stock is currently owned by insiders.
The company operates two principal business segments: iron castings and steel castings. Its iron segment utilizes green sand and lost-foam molding processes to produce gray and ductile iron components, while the steel segment employs electric-arc furnace technology to manufacture high-strength steel castings.
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