MP Materials (NYSE:MP) CFO Ryan Corbett Sells 20,000 Shares

MP Materials Corp. (NYSE:MP) CFO Ryan Corbett sold 20,000 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $75.00, for a total transaction of $1,500,000.00. Following the transaction, the chief financial officer owned 109,017 shares of the company’s stock, valued at approximately $8,176,275. This represents a 15.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ryan Corbett also recently made the following trade(s):

• On Tuesday, March 17th, Ryan Corbett sold 46,000 shares of MP Materials stock. The shares were sold at an average price of $60.00, for a total transaction of $2,760,000.00.

MP Materials Trading Down 2.2%

Shares of NYSE:MP opened at $67.61 on Friday. MP Materials Corp. has a 52-week low of $18.64 and a 52-week high of $100.25. The company has a market capitalization of $12.01 billion, a P/E ratio of -160.97 and a beta of 1.90. The company has a 50-day simple moving average of $58.37 and a 200 day simple moving average of $59.65. The company has a debt-to-equity ratio of 0.47, a quick ratio of 6.67 and a current ratio of 7.24.

MP Materials (NYSE:MP) last issued its earnings results on Thursday, May 7th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.04. MP Materials had a negative net margin of 28.00% and a negative return on equity of 2.37%. The business had revenue of $90.65 million during the quarter, compared to the consensus estimate of $74.82 million. During the same period last year, the business posted ($0.12) EPS. MP Materials’s revenue was up 49.1% on a year-over-year basis. Sell-side analysts forecast that MP Materials Corp. will post 0.1 earnings per share for the current year.

Hedge Funds Weigh In On MP Materials

Several institutional investors and hedge funds have recently made changes to their positions in MP. Royal Bank of Canada grew its position in shares of MP Materials by 26.5% in the first quarter. Royal Bank of Canada now owns 234,185 shares of the company’s stock valued at $5,716,000 after purchasing an additional 49,052 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of MP Materials in the first quarter valued at approximately $215,000. Integrated Wealth Concepts LLC acquired a new position in shares of MP Materials in the first quarter valued at approximately $219,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of MP Materials by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,793 shares of the company’s stock valued at $265,000 after purchasing an additional 479 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of MP Materials by 36.0% in the first quarter. Goldman Sachs Group Inc. now owns 193,943 shares of the company’s stock valued at $4,734,000 after purchasing an additional 51,348 shares during the last quarter. Institutional investors and hedge funds own 52.55% of the company’s stock.

Key Headlines Impacting MP Materials

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

• Positive Sentiment: MP Materials reported first-quarter EPS of $0.03, beating the loss estimate, while revenue of $90.65 million also topped expectations and rose 49.1% year over year. MP Materials Reports First Quarter 2026 Results
• Positive Sentiment: The company said it delivered record NdPr production and sales, advanced growth projects at Independence and 10X, and maintained its $500 million to $600 million capex plan while targeting a 500-tons-per-month NdPr run rate by the end of 2026. MP Materials Reports First Quarter 2026 Results
• Positive Sentiment: Analysts turned more constructive after the release, with Wedbush raising its price target to $100 from $90 and keeping an outperform rating. Benzinga
• Positive Sentiment: Investor sentiment was also helped by commentary from CEO James Litinsky that geopolitical tensions could accelerate demand for rare earth magnets, reinforcing MP’s strategic importance. Iran war points to ‘huge demand accelerant for rare earth magnetics,’ MP Materials CEO says
• Neutral Sentiment: Media coverage and earnings-call recaps are keeping MP Materials in focus, but they largely reiterate the same story: improving production, stronger sales, and a big long-term domestic rare-earth opportunity. MP Materials Corp. (MP) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Despite the beat, the stock pulled back as investors focused on rising costs, weak momentum, and a premium valuation, suggesting the quarter was good but not enough to eliminate execution concerns. MP Dips 5% Despite Q1 Earnings Beat: How to Play the Stock?

Wall Street Analyst Weigh In

MP has been the subject of several recent analyst reports. Canaccord Genuity Group set a $82.00 target price on shares of MP Materials in a research note on Friday. Wall Street Zen upgraded shares of MP Materials from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. Morgan Stanley cut their target price on shares of MP Materials from $71.00 to $62.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. William Blair reiterated an “outperform” rating on shares of MP Materials in a research note on Wednesday, March 4th. Finally, TD Securities raised shares of MP Materials to a “strong-buy” rating in a report on Monday, February 9th. Two equities 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. According to data from MarketBeat, MP Materials presently has an average rating of “Buy” and a consensus price target of $80.33.

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.