Connie Duckworth Sells Shares of MP Materials

Connie Duckworth recently sold 3,998 shares of MP Materials, reflecting insider activity.

Key Points

  • Connie Duckworth sold 3,998 shares of MP Materials Corp. on June 15, 2026.
  • MP Materials has a market cap of $10.25 billion and a forward P/E of 49.99.
  • Needham and Barclays both initiated buy ratings for MP Materials with targets of $81 and $69, respectively.

Connie Duckworth recently sold 3,998 shares of MP Materials Corp. on June 15, 2026. This transaction was not part of a pre-planned trading program. The sale is part of insider trading activity that investors often watch to gauge insider sentiment.

Other Institutional Activity in MP Materials

Several institutional investors have been active in MP Materials recently. BlackRock, Inc. increased its holdings by 1,270,058 shares, bringing its total to 14,746,925 shares valued at approximately $711.7 million. State Street Corp added 799,342 shares, ending with 7,397,227 shares worth around $357 million. Morgan Stanley significantly boosted its position by 2,374,501 shares, now holding 5,552,307 shares valued at $267.9 million.

MP Materials Stock Snapshot

Shares of NYSE:MP were trading near $57.55. The company has a market cap of about $10.25 billion and a forward P/E ratio of 49.99, indicating investor expectations of future earnings growth. The stock's beta of 1.841 suggests it is more volatile than the market. Over the past year, MP Materials' stock has ranged from a low of $29.58 to a high of $100.25. The company's 50-day moving average is $61.83, while the 200-day moving average is $62.41.

Recent Earnings

MP Materials reported revenue of $347.6 million, showing growth of 1.19%. However, the company is not currently profitable, with a net margin of -20.48% and a return on equity of -4.17%. The next earnings release is scheduled for August 6, 2026.

Analysts Set New Price Targets

On June 1, 2026, Needham initiated coverage of MP Materials with a buy rating and a price target of $81. Barclays also started coverage on May 22, 2026, with a buy rating and a $69 target. The consensus among analysts is a strong buy, with an average target price of $80.44 based on 16 opinions.

About MP Materials Corp.

MP Materials Corp. is a company focused on producing rare earth materials in the Western Hemisphere. It operates through its Materials and Magnetics segments. The Materials segment manages the Mountain Pass Rare Earth Mine and Processing facility in California, while the Magnetics segment produces magnetic products like NdPr metal. Headquartered in Las Vegas, Nevada, MP Materials was founded in 2017 and is led by CEO James Henry Litinsky.

Bottom Line

Connie Duckworth's recent sale of MP Materials shares is part of routine insider trading activity. Investors often track such moves for insights into insider sentiment. MP Materials continues to attract attention from institutional investors and analysts, with recent buy ratings suggesting confidence in its future potential. However, it's important to remember that such filings are backward-looking and may not reflect current positions.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.