MP Materials Corp. $MP Holdings Raised by Amalgamated Bank

Amalgamated Bank increased its stake in MP Materials Corp. (NYSE:MP - Free Report) by 66.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,249 shares of the company's stock after purchasing an additional 24,371 shares during the quarter. Amalgamated Bank's holdings in MP Materials were worth $4,108,000 as of its most recent filing with the Securities and Exchange Commission.Insiders Are Selling These 3 High-Flying StocksA number of other hedge funds also recently bought and sold shares of the company. Calamos Advisors LLC acquired a new position in MP Materials in the 3rd quarter worth approximately $16,726,000. Rockefeller Capital Management L.P. raised its stake in MP Materials by 132.7% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 176,984 shares of the company's stock valued at $5,888,000 after purchasing an additional 100,915 shares during the period. Ballentine Partners LLC purchased a new stake in shares of MP Materials in the second quarter valued at $241,000. Concurrent Investment Advisors LLC purchased a new stake in shares of MP Materials in the third quarter valued at $550,000. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of MP Materials in the third quarter worth $670,000. 52.55% of the stock is owned by hedge funds and other institutional investors. MP Materials Price PerformanceNYSE MP opened at $64.49 on Thursday. The company has a quick ratio of 7.51, a current ratio of 8.05 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $11.43 billion, a PE ratio of -90.83 and a beta of 1.62. MP Materials Corp. has a 12-month low of $18.64 and a 12-month high of $100.25. The company has a 50 day moving average price of $58.77 and a two-hundred day moving average price of $63.78. This ETF Is Up 146% as the Battle Over Rare Earths Heats UpMP 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 analysts' consensus estimates of ($0.15) by $0.05. The business had revenue of $53.55 million for the quarter, compared to the consensus estimate of $49.72 million. MP Materials had a negative net margin of 50.55% and a negative return on equity of 7.69%. MP Materials's revenue for the quarter was down 14.9% on a year-over-year basis. During the same quarter last year, the firm earned ($0.12) EPS. As a group, equities analysts predict that MP Materials Corp. will post -0.19 earnings per share for the current fiscal year. Wall Street Analysts Forecast GrowthSeveral equities research analysts recently issued reports on the company. Bank of America increased their price objective on MP Materials from $78.00 to $112.00 and gave the stock a "buy" rating in a research note on Wednesday, October 15th. Morgan Stanley upgraded MP Materials from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $68.50 to $71.00 in a report on Friday, December 5th. The Goldman Sachs Group started coverage on shares of MP Materials in a report on Wednesday, November 19th. They set a "buy" rating and a $77.00 price target for the company. William Blair started coverage on shares of MP Materials in a research report on Tuesday, January 13th. They set an "outperform" rating on the stock. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of MP Materials in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $78.91. Dividend Stocks for 2026: Where to Invest as the Market CoolsRead Our Latest Stock Report on MP MaterialsInsider Transactions at MP MaterialsIn related news, CFO Ryan Corbett sold 38,146 shares of the firm's stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 156,666 shares of the company's stock, valued at approximately $9,399,960. This trade represents a 19.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO James H. Litinsky sold 272,600 shares of the business's stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $64.17, for a total value of $17,492,742.00. Following the completion of the sale, the chief executive officer owned 12,805,965 shares of the company's stock, valued at approximately $821,758,774.05. This trade represents a 2.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 991,557 shares of company stock valued at $62,785,202 in the last ninety days. Insiders own 9.50% of the company's stock. MP Materials Company Profile (Free Report)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.Featured ArticlesFive stocks we like better than MP MaterialsA month before the crashBuffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyWall Street Alert: Buy AESBitcoin is down but your income is about to explodeTrump Devises the Death of the IRS ☠️Want to see what other hedge funds are holding MP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MP Materials Corp. (NYSE:MP - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in MP Materials Right Now?Before you consider MP Materials, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MP Materials wasn't on the list.While MP Materials currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here