Connie Duckworth Buys Shares of MP Materials Corp.

Insider Connie Duckworth purchased 3,998 shares of MP Materials Corp. on June 15, 2026.

Key Points

  • Connie Duckworth purchased 3,998 shares of MP Materials Corp. on June 15, 2026, as an insider transaction.
  • MP Materials Corp. trades at $57.55 with a market cap of $10.25 billion and a forward P/E of 49.99.
  • Analysts including Needham and Barclays have set buy ratings, with price targets ranging from $69 to $100.

Connie Duckworth, an insider at MP Materials Corp. (NYSE:MP), bought 3,998 shares of the company on June 15, 2026. This purchase is part of a series of insider transactions on the same day.

Other Institutional Activity in MP Materials Corp.

Institutional investors have also shown interest in MP Materials Corp. BlackRock, Inc. increased its holdings by 1,270,058 shares, now holding 14,746,925 shares valued at about $711.7 million. State Street Corp added 799,342 shares, bringing its total to 7,397,227 shares worth approximately $357 million. Morgan Stanley made a significant increase, adding 2,374,501 shares to hold 5,552,307 shares, valued at $267.95 million.

MP Materials Corp. Stock Snapshot

Shares of MP Materials Corp. (NYSE:MP) are trading at $57.55. The company has a market capitalization of $10.25 billion and a forward P/E ratio of 49.99. Its stock has a 52-week low of $29.58 and a high of $100.25, with a 50-day moving average of $61.83 and a 200-day moving average of $62.41. MP Materials has a current ratio of 7.18 and a quick ratio of 6.51, with a debt-to-equity ratio of 44.02.

Recent Earnings

MP Materials reported revenue of $347.57 million with a growth rate of 1.19%. However, the company is not currently profitable, as indicated by a negative net margin of 20.48% and a return on equity of -4.17%. The next earnings report is scheduled for August 6, 2026.

Insider Buying and Selling at MP Materials Corp.

On June 15, 2026, several insiders, including Connie Duckworth, Richard Myers, and Maryanne Lavan, purchased 3,998 shares each of MP Materials Corp. These transactions were not part of a pre-planned trading program.

Analysts Set New Price Targets

On June 1, 2026, Needham initiated coverage on MP Materials with a buy rating and an $81 price target. Barclays also initiated coverage with a buy rating and a $69 target on May 22, 2026. DA Davidson maintained its buy rating with an $82 target on May 20, 2026, while Morgan Stanley continued its buy rating with a $70 target on May 11, 2026. The consensus among 16 analysts is a strong buy, with an average price target of $80.44.

About MP Materials Corp.

MP Materials Corp. is a leading producer of rare earth materials in the Western Hemisphere. The company operates through its Materials and Magnetics segments, which include the Mountain Pass Rare Earth Mine and Processing facility in California, and the production of magnetic precursor products and permanent magnets. Founded in 2017, MP Materials is headquartered in Las Vegas, Nevada, and led by CEO James Henry Litinsky. The company employs 998 people.

Bottom Line

Connie Duckworth's purchase of MP Materials shares adds to the insider activity at the company, which is also seeing increased interest from institutional investors. MP Materials, a significant player in the rare earth materials sector, continues to capture analyst attention with strong buy ratings and ambitious price targets. Investors watch these developments closely, though it's important to remember that insider and institutional transactions are backward-looking indicators.

See Also

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