Marathon Petroleum Corporation (MPC) Insider Sell-Buy Ratio Just Swung To Bearish

The surge in insider selling at Marathon Petroleum Corporation (NYSE:MPC) is picking up steam with the current sell/buy ratio now at 6.66. MPC recorded 3 sales on the open market in the last three months. They sold nearly 109,816 shares while purchases amounted to 16,500 shares that period. Looking even further back to 12 months, corporate insiders offloaded 285,040 shares when buyers snapped up 1,921,141 shares. The 12-month’s totals signify about a 0.15-to-1 sell/buy ratio.

Davis Steven A gathered a total of 3.5 thousand shares of Marathon Petroleum Corporation (MPC) at average share price of $62.14. This insider trade in the company took place on 12/14/2018. The total for the purchase was set at $217.49 thousand. After this transaction, the Director account balance stood at 31.09 thousand shares. The stock grew 4.39 percent since that insider purchase. On 11/19/2018, Davis Steven A, Director, purchased 2.5 thousand shares at a price per share of $62.2. This added 155.5 thousand shares to the insider’s fortune and the stock saw a 4.29 percent rally in value since the news became public. This transaction left 27.46 thousand shares in the Director account.

On 10/12/2018, Exec Vice Chairman Goff Gregory James performed a purchase transaction worth $11.13 thousand. This purchase at $79.51 each has added 0.14 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded -18.41 percent decrease since the transaction was reported. The insider now is left with 1.59 million shares remaining in the account. Kelley Thomas M., who performs the Sr. Vice President, Marketing job, sold 24.82 thousand shares for $1.97 million. The disposal occurred on 05/30/2018 was priced at $79.47 per share. The share price plunged -18.37 percent since the reporting date. Kelley Thomas M. now left with a stake of 40.03 thousand MPC stock worth $2.6 million after the insider selling.

The 12-month median price target for Marathon Petroleum Corporation (MPC) assigned by the analysts stands at $95, which represents a return potential of 46.45 percent when compared to the closing price of the stock of $64.87 on Friday, January 11. The lowest price target for the stock is $71 — slightly more than 9.45 percent from MPC’s current share price. The stock will probably climb 46.54 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $124-month high price target. This represents a whopping 91.15 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 60.51 on daily chart, which may remain a cause for concern. If the price breaks below $61.82 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $66.27 mark may result into a pull-back move towards $67.66 level. The stock is currently hovering around the first support level of $63.35. Below this, the next support is placed in the zone of $61.82. Till the time, the MPC stock trades above this level, bulls have nothing to fear.

Shares of Marathon Petroleum Corporation (MPC) are trading at a P/E ratio of 33.08 times earnings reported for the past 12 months. The industry MPC operates in has an average P/E of 22.68. Its P/E ratio went as low as 6.37X and as high as 22.75 over the 5-year span. Further, it is sporting a 0.51 on the Price-to-Sales ratio. Compare this with the industry average P/S of 1.11. 10.6 percent is the gross profit margin for Marathon Petroleum Corporation and operating margin sits at 5.4 percent. Along with this, the net profit margin is 4.5 percent.

On 11th of January, Marathon Petroleum Corporation (NYSE:MPC) shares ended higher after a volatile session. The shares accumulated 1.24 points or 1.95 percent at $64.87 with a light trade volume of 6.863 million shares. After opening the session at $63.45, the shares went as high as $66.14 and as low as $63.22, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $44 billion and now has 677.65 million shares outstanding. Marathon Petroleum Corporation (MPC) stock has gained 5.75 percent of market value in 21 trading days.

MPC stock has a trailing 3-year beta of 1.35, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $5.01 a share in the trailing twelve months. The stock’s value has surged 9.93 percent year to date (YTD) against a decline of -6.68 percent in 12 month’s time. The company’s shares still trade -26.66 percent away from its 1-year high of $88.45 and 19.49 percent up from 52-week low of $54.29. The average consensus rating on the company is 1.6, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.