William Shaver Increases Stake in MUX with Recent Purchase
MUX's Chief Operating Officer, William Shaver, bought 18,920 shares on June 29, 2026.
Key Points
- William Shaver, COO of MUX, bought 18,920 shares on June 29, 2026.
- MUX shares traded at $17.94 on Wednesday, with notable institutional activity from State Street and BlackRock.
- Analysts like Roth Capital and HC Wainwright maintain a 'buy' rating on MUX with targets up to $35.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
William Shaver, the Chief Operating Officer of MUX, recently purchased 18,920 shares of the company on June 29, 2026. This insider transaction was not part of a pre-planned trading program. The value of the transaction was not disclosed, and the shares were bought at an unspecified price.
Other Institutional Activity in MUX
Several institutional investors have been active in adjusting their positions in MUX. State Street Corp significantly increased its holdings by 1,172,922 shares, ending with a total of 3,363,527 shares worth about $68.68 million, marking a 53.5% increase. Meanwhile, Mirae Asset Global ETFs Holdings Ltd. reduced its stake by 69,665 shares to 2,133,809 shares valued at approximately $43.56 million, a 3.2% decrease. BlackRock, Inc. added 111,653 shares, bringing its total to 1,948,428 shares valued at $39.79 million, a 6.1% increase. Van Eck Associates Corp and Tidal Investments LLC trimmed their positions slightly, with Van Eck reducing by 28,103 shares to 1,568,957 shares and Tidal cutting 113,529 shares to end with 1,360,377 shares.
McEwen Inc. Stock Down 12.1%
On Wednesday, shares of MUX traded near $17.94. The stock has seen active trading with notable institutional interest. MUX's recent price movement reflects investor sentiment and broader market conditions.
$MUX stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at McEwen Inc.
Alongside William Shaver's purchase, other insiders were active on June 29, 2026. Ing Perry, the Chief Financial Officer, sold 7,700 shares, while also buying 1,114 shares. Ian Ball, another insider, bought 310 shares and sold 160 shares. These transactions were not made under any pre-arranged trading plans.
Analysts Set New Price Targets
Analysts have been keeping a close eye on MUX. On March 18, 2026, Roth Capital maintained a 'buy' rating with a $35 price target. HC Wainwright & Co. also upheld a 'buy' rating with a target of $29.5 on the same date. These ratings underscore positive sentiment toward MUX's future prospects.
Bottom Line
William Shaver's recent purchase of MUX shares highlights insider confidence in the company's prospects. Institutional investors are also actively adjusting their positions, reflecting varied perspectives on MUX's valuation. Analysts' consistent 'buy' ratings suggest optimism about MUX's potential growth. As a reminder, insider transactions are disclosed after the fact and may not indicate future activity.
Get McEwen Inc. alerts
New 13F filings, insider trades, and analyst moves on $MUX, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.