Mirae Asset Global Investments Co. Ltd. Lowers Stake in MP Materials Corp. $MP

Mirae Asset Global Investments Co. Ltd. lessened its position in shares of MP Materials Corp. (NYSE:MP) by 26.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 90,280 shares of the company’s stock after selling 31,670 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in MP Materials were worth $4,561,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Hancock Prospecting Pty Ltd grew its position in MP Materials by 7.2% during the third quarter. Hancock Prospecting Pty Ltd now owns 14,861,212 shares of the company’s stock valued at $996,741,000 after acquiring an additional 1,000,000 shares during the period. Vanguard Group Inc. grew its position in MP Materials by 2.7% during the third quarter. Vanguard Group Inc. now owns 14,020,574 shares of the company’s stock valued at $940,360,000 after acquiring an additional 363,975 shares during the period. BNP Paribas Financial Markets grew its position in MP Materials by 76.3% during the second quarter. BNP Paribas Financial Markets now owns 2,921,542 shares of the company’s stock valued at $97,200,000 after acquiring an additional 1,264,243 shares during the period. Reaves W H & Co. Inc. grew its position in MP Materials by 168.4% during the third quarter. Reaves W H & Co. Inc. now owns 2,589,908 shares of the company’s stock valued at $173,705,000 after acquiring an additional 1,624,908 shares during the period. Finally, Northern Trust Corp grew its position in MP Materials by 20.8% during the third quarter. Northern Trust Corp now owns 1,119,058 shares of the company’s stock valued at $75,055,000 after acquiring an additional 192,870 shares during the period. Hedge funds and other institutional investors own 52.55% of the company’s stock.

Insider Activity

In other news, CEO James H. Litinsky sold 259,179 shares of MP Materials stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $64.03, for a total transaction of $16,595,231.37. Following the sale, the chief executive officer directly owned 12,505,965 shares of the company’s stock, valued at approximately $800,756,938.95. The trade was a 2.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ryan Corbett sold 46,000 shares of MP Materials stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $60.00, for a total value of $2,760,000.00. Following the sale, the chief financial officer directly owned 129,017 shares in the company, valued at approximately $7,741,020. The trade was a 26.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 346,000 shares of company stock worth $21,969,816 over the last three months. 12.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. William Blair reissued an “outperform” rating on shares of MP Materials in a research report on Wednesday, March 4th. TD Securities raised MP Materials to a “strong-buy” rating in a research report on Monday, February 9th. Wedbush initiated coverage on MP Materials in a research report on Monday. They issued an “outperform” rating and a $90.00 price objective on the stock. DA Davidson reissued a “buy” rating and issued a $82.00 price objective on shares of MP Materials in a research report on Wednesday, March 11th. Finally, Morgan Stanley cut their price objective on MP Materials from $71.00 to $62.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $79.08.

MP Materials Trading Down 0.8%

NYSE:MP opened at $65.73 on Wednesday. The business’s 50-day moving average is $56.76 and its two-hundred day moving average is $60.78. The company has a debt-to-equity ratio of 0.47, a current ratio of 7.24 and a quick ratio of 6.67. MP Materials Corp. has a 12 month low of $18.64 and a 12 month high of $100.25. The firm has a market capitalization of $11.68 billion, a PE ratio of -126.39 and a beta of 1.67.

MP Materials (NYSE:MP) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.02 by $0.07. MP Materials had a negative return on equity of 4.28% and a negative net margin of 38.26%.The company had revenue of $52.69 million for the quarter, compared to analyst estimates of $76.06 million. During the same period last year, the company posted ($0.12) earnings per share. The firm’s revenue was down 13.6% compared to the same quarter last year. Research analysts predict that MP Materials Corp. will post 0.08 earnings per share for the current fiscal year.

Key Headlines Impacting MP Materials

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

• Positive Sentiment: Wedbush initiated coverage with an Outperform and a $90 price target, framing MP as the only fully integrated U.S. rare?earth producer and forecasting substantial upside vs. the current price. Read More.
• Positive Sentiment: Media and analysts emphasize MP’s strategic position—Mountain Pass + Independence magnet facility—and growing policy/regulatory tailwinds (government funding, price floors, multi?year magnet purchase commitments) that reduce downside and support more stable revenues. Read More.
• Positive Sentiment: Analyst writeups (Seeking Alpha et al.) argue the company is transitioning from a cyclical miner to an integrated U.S. industrial platform; they expect margin expansion and profitability improvement as processing and magnet manufacturing scale. Read More.
• Neutral Sentiment: Sector momentum from large rare?earth M&A and supply?chain deals (e.g., USAR transaction) is lifting group sentiment and re?rating peers, indirectly supporting MP’s rally even though the deals aren’t direct company developments. Read More.
• Negative Sentiment: Insider selling: CEO James Litinsky sold ~300k+ shares across filings (259,179 on Apr. 20 and 40,821 on Apr. 17) for roughly $19M in proceeds; trades were run under pre?arranged Rule 10b5?1 plans but may be seen as profit?taking amid the rally. Read More.
• Negative Sentiment: Fundamentals still show near?term risk: recent revenue weakness (quarterly revenue miss and year?over?year decline) and negative net margins mean MP’s upside depends on successful ramp of domestic processing and the realization of government/contract protections. Read More.

MP Materials Company Profile

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.