Insider Buying: McGraw Hill (NYSE:MH) Director Buys 15,710 Shares of Stock

McGraw Hill, Inc. (NYSE:MHGet Free Report) Director Steven Reinemund purchased 15,710 shares of the company’s stock in a transaction on Friday, November 14th. The stock was acquired at an average price of $15.03 per share, with a total value of $236,121.30. Following the completion of the purchase, the director directly owned 15,710 shares in the company, valued at $236,121.30. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

McGraw Hill Stock Performance

NYSE MH traded up $1.00 on Tuesday, reaching $16.27. The company had a trading volume of 875,056 shares, compared to its average volume of 829,344. The stock’s 50 day moving average is $12.89. McGraw Hill, Inc. has a 12 month low of $10.69 and a 12 month high of $17.25.

McGraw Hill (NYSE:MHGet Free Report) last posted its earnings results on Wednesday, November 12th. The company reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $1.05. The firm had revenue of $669.19 million during the quarter, compared to analysts’ expectations of $638.76 million. The company’s quarterly revenue was down 2.8% compared to the same quarter last year. McGraw Hill has set its FY 2026 guidance at EPS.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MH. Alyeska Investment Group L.P. bought a new position in shares of McGraw Hill during the 3rd quarter worth $23,744,000. Verition Fund Management LLC bought a new position in McGraw Hill in the third quarter worth approximately $1,796,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in McGraw Hill during the 3rd quarter valued at $137,000. Citadel Advisors LLC purchased a new stake in shares of McGraw Hill during the 3rd quarter worth $7,911,000. Finally, Centiva Capital LP purchased a new position in McGraw Hill in the third quarter valued at about $242,000.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Needham & Company LLC began coverage on shares of McGraw Hill in a research note on Monday, August 18th. They issued a “buy” rating and a $19.00 price objective for the company. UBS Group boosted their target price on McGraw Hill from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft started coverage on McGraw Hill in a research report on Monday, August 18th. They issued a “buy” rating and a $18.00 price target for the company. The Goldman Sachs Group began coverage on shares of McGraw Hill in a research report on Monday, August 18th. They set a “buy” rating and a $27.00 price objective on the stock. Finally, Macquarie reiterated an “outperform” rating and set a $19.00 price target on shares of McGraw Hill in a report on Friday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, McGraw Hill presently has an average rating of “Moderate Buy” and a consensus price target of $20.72.

Read Our Latest Report on MH

McGraw Hill Company Profile

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At McGraw Hill, our purpose is to unlock the potential of each learner at every stage of life. Our mission is to support educators, learners and professionals around the world with trusted, high-quality content and digital solutions that use data and learning science to adapt to each student as they progress towards their goals.

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