Pier 88 Investment Partners LLC Buys New Shares in MP Materials Corp. $MP

Key Points

• Pier 88 Investment Partners opened a new position in MP Materials in Q3, buying 16,240 shares valued at about $1.09 million.
• Significant insider selling has occurred recently: CFO Ryan Corbett sold 38,146 shares (~$2.29M) and CEO James Litinsky sold 272,600 shares (~$17.49M), with insiders selling 991,557 shares (~$62.8M) over the past 90 days.
• Analysts are generally positive on MP, with a MarketBeat consensus of "Moderate Buy" and an average price target of $78.91, supported by recent buy/upgrade calls from firms like Goldman Sachs, Deutsche Bank and Bank of America.

Pier 88 Investment Partners LLC bought a new position in shares of MP Materials Corp. (NYSE:MP - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 16,240 shares of the company's stock, valued at approximately $1,089,000.

Several other large investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC grew its holdings in shares of MP Materials by 420.0% during the 3rd quarter. Sound Income Strategies LLC now owns 364 shares of the company's stock worth $26,000 after purchasing an additional 294 shares in the last quarter. Grove Bank & Trust acquired a new position in shares of MP Materials in the third quarter valued at $34,000. SJS Investment Consulting Inc. lifted its position in MP Materials by 4,600.0% in the third quarter. SJS Investment Consulting Inc. now owns 564 shares of the company's stock worth $38,000 after purchasing an additional 552 shares during the period. Hilltop National Bank boosted its stake in MP Materials by 500.0% during the third quarter. Hilltop National Bank now owns 600 shares of the company's stock worth $40,000 after buying an additional 500 shares in the last quarter. Finally, Wolff Wiese Magana LLC boosted its stake in MP Materials by 28.1% during the third quarter. Wolff Wiese Magana LLC now owns 806 shares of the company's stock worth $54,000 after buying an additional 177 shares in the last quarter. Institutional investors and hedge funds own 52.55% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on MP shares. Wall Street Zen cut shares of MP Materials from a "hold" rating to a "sell" rating in a research note on Saturday, November 15th. Weiss Ratings restated a "sell (d-)" rating on shares of MP Materials in a research note on Thursday. Deutsche Bank Aktiengesellschaft upgraded MP Materials from a "hold" rating to a "buy" rating and upped their price objective for the company from $68.00 to $71.00 in a research note on Monday, November 10th. The Goldman Sachs Group initiated coverage on MP Materials in a research note on Wednesday, November 19th. They issued a "buy" rating and a $77.00 price target on the stock. Finally, Bank of America lifted their price objective on MP Materials from $78.00 to $112.00 and gave the company a "buy" rating in a report on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $78.91.

Insider Activity

In other MP Materials news, CFO Ryan Corbett sold 38,146 shares of the business's stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $60.00, for a total value of $2,288,760.00. Following the completion of the transaction, the chief financial officer directly owned 156,666 shares of the company's stock, valued at approximately $9,399,960. The trade was a 19.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO James H. Litinsky sold 272,600 shares of the stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $64.17, for a total transaction of $17,492,742.00. Following the sale, the chief executive officer directly owned 12,805,965 shares in the company, valued at $821,758,774.05. This trade represents a 2.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 991,557 shares of company stock valued at $62,785,202 in the last 90 days. Corporate insiders own 12.60% of the company's stock.

MP Materials Price Performance

MP Materials stock opened at $63.35 on Tuesday. The business's fifty day moving average is $59.33 and its two-hundred day moving average is $64.68. The company has a debt-to-equity ratio of 0.47, a quick ratio of 7.51 and a current ratio of 8.05. The firm has a market cap of $11.23 billion, a P/E ratio of -89.23 and a beta of 1.62. MP Materials Corp. has a 52 week low of $18.64 and a 52 week high of $100.25.

MP Materials (NYSE:MP - Get Free Report) last announced its 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 company had revenue of $53.55 million during the quarter, compared to analyst estimates of $49.72 million. MP Materials had a negative return on equity of 7.69% and a negative net margin of 50.55%.The firm's quarterly revenue was down 14.9% compared to the same quarter last year. During the same period last year, the company posted ($0.12) earnings per share. Equities research analysts forecast that MP Materials Corp. will post -0.19 earnings per share for the current fiscal year.

MP Materials News Summary

Here are the key news stories impacting MP Materials this week:

• Positive Sentiment: MP remains an operating, revenue-producing leader with Department of Defense support and a price-floor agreement that helps protect margins; that operational reality and upcoming Feb. 19 earnings give investors a near-term catalyst to reassess value. 3 Rare Earth Stocks to Watch Following Washington’s Latest Trade Moves
• Positive Sentiment: Local development progress — a proposed 1,000-job magnet plant facing an incentives vote — supports MP’s downstream magnet ambitions and long-term production ramp. 1,000-job magnet plant faces key incentives vote
• Positive Sentiment: Broad policy moves (Trump administration rare-earth deal) have previously lifted MP and peers, showing the sector can rally when Washington signals support — a tailwind that still benefits MP. Trump's Rare Earth Mega-Deal Sparks Rally In MP Materials And Peers
• Neutral Sentiment: Longer-term structural opportunity from China’s dominance in critical minerals keeps investor interest high across several miners; MP is part of that thematic exposure but faces competitive and policy-specific risks. China’s Stranglehold on Critical Minerals Creates Massive Opportunity in These 5 Stocks
• Negative Sentiment: Immediate selling pressure followed the Department of Commerce’s $1.6B financing package for USA Rare Earth (including equity and loans) — investors rotated into the newly government-backed challenger, pressuring MP shares. Washington’s $1.6B Endorsement Turns USA Rare Earth Into a Force
• Negative Sentiment: News and headlines emphasizing the larger government funding for USAR prompted near-term selling — multiple outlets reported an ~8–9% drop in MP amid the rotation. MP Materials (MP) Drops 8.8% as Rival Gets Higher Funding From Govt
• Negative Sentiment: Investor caution is amplified by competition for capital into pre-revenue, heavily funded projects (USAR) and by past insider share sales noted in filings — both factors can weigh on near-term sentiment despite MP’s fundamentals. What's Going On With MP Materials Stock Monday?

About MP Materials

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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