Director Makes Bold Move with Major Magnera Stock Purchase!

New insider activity at Magnera ( (MAGN) ) has taken place on May 13, 2025.

Director Kevin Michael Fogarty has made a significant investment by purchasing 20,000 shares of Magnera stock, with the transaction valued at $302,800.

Recent Updates on MAGN stock

In the last 24 hours, Magnera’s stock has experienced a significant decline, dropping by 16.2% to $12.71. This downturn follows the company’s Q2 earnings report, which revealed a net sales increase to $824 million and an adjusted EBITDA of $89 million, largely driven by its merger with Glatfelter. However, the stock price was negatively impacted by several factors, including higher energy costs in Europe, inconsistent order patterns due to market uncertainties, and competitive pressures in South America and Europe. Additionally, the company revised its fiscal 2025 adjusted EBITDA guidance to $360 million to $380 million, reflecting caution amid macroeconomic uncertainties and global supply chain challenges. Despite these challenges, Magnera remains focused on synergy realization, debt reduction, and maintaining stable free cash flow to drive long-term growth and shareholder value.

Spark’s Take on MAGN Stock

According to Spark, TipRanks’ AI Analyst, MAGN is a Neutral.

Magnera’s overall score reflects significant financial challenges, with net losses and high debt levels being major concerns. While the earnings call provides a positive outlook with revenue growth and synergy achievements, technical analysis signals a bearish trend, and valuation metrics are unfavorable. Improvement in profitability and cash flow management is crucial for future stability.

To see Spark’s full report on MAGN stock, click here.

More about Magnera

YTD Price Performance: -21.69%

Average Trading Volume: 542,513

Technical Sentiment Signal: Sell

Current Market Cap: $502.7M