Bank of America Corp DE Sells 160,745 Shares of MP Materials Corp. $MP

Bank of America Corp DE decreased its position in MP Materials Corp. (NYSE:MP) by 7.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,013,795 shares of the company’s stock after selling 160,745 shares during the period. Bank of America Corp DE owned approximately 1.13% of MP Materials worth $97,186,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Costello Asset Management INC increased its position in shares of MP Materials by 15.0% in the 4th quarter. Costello Asset Management INC now owns 1,300 shares of the company’s stock valued at $66,000 after acquiring an additional 170 shares during the period. Composition Wealth LLC lifted its position in MP Materials by 0.9% during the 4th quarter. Composition Wealth LLC now owns 18,334 shares of the company’s stock worth $926,000 after acquiring an additional 172 shares during the period. ARS Investment Partners LLC lifted its position in MP Materials by 1.0% during the 4th quarter. ARS Investment Partners LLC now owns 19,980 shares of the company’s stock worth $1,009,000 after acquiring an additional 200 shares during the period. Cresset Asset Management LLC grew its stake in MP Materials by 1.0% during the 2nd quarter. Cresset Asset Management LLC now owns 21,444 shares of the company’s stock valued at $713,000 after purchasing an additional 204 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its stake in MP Materials by 1.8% during the 4th quarter. Kestra Private Wealth Services LLC now owns 12,232 shares of the company’s stock valued at $618,000 after purchasing an additional 212 shares during the last quarter. 52.55% of the stock is owned by hedge funds and other institutional investors.

MP Materials Trading Up 7.8%

Shares of NYSE:MP opened at $51.20 on Friday. The company has a current ratio of 7.18, a quick ratio of 6.58 and a debt-to-equity ratio of 0.47. MP Materials Corp. has a 12-month low of $37.81 and a 12-month high of $100.25. The business has a 50 day moving average of $52.76 and a two-hundred day moving average of $57.53. The company has a market capitalization of $9.12 billion, a PE ratio of -150.59 and a beta of 1.88.

MP Materials (NYSE:MP) last posted its earnings results on Thursday, August 6th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). MP Materials had a negative net margin of 19.85% and a negative return on equity of 1.21%. The firm had revenue of $108.49 million during the quarter, compared to analyst estimates of $96.89 million. During the same period in the previous year, the firm earned ($0.13) EPS. The business’s quarterly revenue was up 89.0% on a year-over-year basis. As a group, analysts forecast that MP Materials Corp. will post 0.04 EPS for the current year.

MP Materials News Roundup

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

• Positive Sentiment: Second-quarter revenue rose 89% year over year to $108.49 million, exceeding the approximately $96.89 million analyst consensus. The company’s adjusted loss of $0.01 per share was in line with the reported consensus and improved substantially from a $0.13 loss a year earlier. MP Materials Reports Second Quarter 2026 Results
• Positive Sentiment: Management is targeting more than 1,000 metric tons of NdPr production in the third quarter and commercial magnet shipments in the fourth quarter. The planned expansion into heavy rare earth products, including a reported nine-figure gadolinium agreement, could broaden MP Materials’ customer base and revenue opportunities. MP Q2 Earnings Call Focuses on Magnet Ramp and Rare Earth Expansion
• Positive Sentiment: Investors are also focusing on Project Swarm, defense-related partnerships and U.S. efforts to reduce dependence on China for critical minerals. A reported meeting between the U.S. president and mining executives, including MP Materials, reinforces the potential strategic and policy support for domestic rare-earth supply. Trump to Meet Mining Executives
• Neutral Sentiment: Unusually active options trading showed call volume about 17% above its average, indicating increased speculative interest but not necessarily a fundamental change in valuation.
• Neutral Sentiment: CFO Ryan Corbett is scheduled to speak at Canaccord Genuity’s Growth Conference on August 12, potentially providing updates on production, magnet commercialization and expansion plans. MP Materials to Participate in Canaccord Genuity’s Growth Conference
• Negative Sentiment: MP Materials remains unprofitable, with a negative net margin, and its magnet and heavy-rare-earth initiatives still face execution and commercialization risks. The stock also remains well below its 12-month high, leaving investors sensitive to delays or weaker rare-earth pricing.

Analyst Ratings Changes

A number of equities research analysts recently commented on MP shares. Wedbush lifted their target price on MP Materials from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Morgan Stanley increased their price target on shares of MP Materials from $70.00 to $71.50 and gave the stock an “overweight” rating in a report on Wednesday, July 8th. DA Davidson reissued a “buy” rating and set a $82.00 price target on shares of MP Materials in a research report on Friday, June 5th. Barclays decreased their price objective on shares of MP Materials from $69.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of MP Materials from $70.00 to $61.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, MP Materials has a consensus rating of “Buy” and a consensus price target of $78.21.

Insider Transactions at MP Materials

In other news, CEO James H. Litinsky sold 234,651 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $65.87, for a total transaction of $15,456,461.37. Following the sale, the chief executive officer directly owned 11,855,965 shares of the company’s stock, valued at $780,952,414.55. This represents a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Michael Stuart Rosenthal bought 17,000 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average price of $56.62 per share, for a total transaction of $962,540.00. Following the completion of the transaction, the chief operating officer directly owned 1,333,673 shares in the company, valued at approximately $75,512,565.26. This trade represents a 1.29% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders sold 885,167 shares of company stock valued at $58,661,837. Insiders own 8.20% of the company’s stock.

MP Materials 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.