Insider Buying: Mercer International (NASDAQ:MERC) Major Shareholder Purchases 100,000 Shares of Stock

Posted by George Bondi on May 15th, 2026

Mercer International Inc. (NASDAQ:MERC – Get Free Report) (TSE:MRI.U) major shareholder Peter Kellogg acquired 100,000 shares of the stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of $0.86 per share, for a total transaction of $86,000.00. Following the completion of the transaction, the insider owned 1,057,000 shares of the company’s stock, valued at $909,020. This trade represents a 10.45% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Mercer International Stock Performance

Shares of MERC traded up $0.01 on Friday, reaching $0.94. 714,392 shares of the stock traded hands, compared to its average volume of 554,853. The firm has a market cap of $62.96 million, a price-to-earnings ratio of -0.12 and a beta of 0.53. The company has a debt-to-equity ratio of 23.58, a current ratio of 2.17 and a quick ratio of 1.22. Mercer International Inc. has a 12 month low of $0.75 and a 12 month high of $4.47. The stock’s 50-day moving average price is $1.25 and its 200-day moving average price is $1.74.

Mercer International (NASDAQ:MERC – Get Free Report) (TSE:MRI.U) last released its quarterly earnings data on Thursday, May 7th. The basic materials company reported ($0.78) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.74) by ($0.04). The firm had revenue of $489.30 million for the quarter, compared to the consensus estimate of $493.00 million. Mercer International had a negative net margin of 28.51% and a negative return on equity of 136.20%. Equities analysts forecast that Mercer International Inc. will post -2.21 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Royal Bank Of Canada decreased their price target on Mercer International from $1.25 to $1.00 and set a “sector perform” rating on the stock in a research note on Monday. TD Cowen lowered Mercer International from a “hold” rating to a “sell” rating and boosted their price target for the company from $2.00 to $2.25 in a research note on Wednesday, January 21st. TD decreased their price target on Mercer International from $1.00 to $0.50 and set a “sell” rating on the stock in a research note on Monday. TD Securities lowered Mercer International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mercer International in a research note on Friday, March 27th. Two research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Strong Sell” and an average price target of $1.85.

Check Out Our Latest Report on Mercer International

Hedge Funds Weigh In On Mercer International

Institutional investors and hedge funds have recently bought and sold shares of the business. Gamco Investors INC. ET AL acquired a new position in Mercer International in the second quarter worth $244,000. Jump Financial LLC boosted its stake in Mercer International by 340.6% in the second quarter. Jump Financial LLC now owns 276,837 shares of the basic materials company’s stock worth $969,000 after purchasing an additional 214,008 shares in the last quarter. Gabelli Funds LLC acquired a new position in Mercer International in the second quarter worth $1,804,000. Geode Capital Management LLC boosted its stake in Mercer International by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 561,001 shares of the basic materials company’s stock worth $1,111,000 after purchasing an additional 14,603 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in Mercer International by 16.1% in the third quarter. Millennium Management LLC now owns 994,974 shares of the basic materials company’s stock worth $2,866,000 after purchasing an additional 137,906 shares in the last quarter. Institutional investors and hedge funds own 85.79% of the company’s stock.

Mercer International Company Profile

(Get Free Report)

Mercer International Inc is a publicly traded pulp producer headquartered in Vancouver, British Columbia. Listed on the NASDAQ under the symbol MERC, the company specializes in the manufacture of Northern Bleached Softwood Kraft (NBSK) pulp and dissolving pulp for use in tissue, specialty paper and textile applications.

Mercer’s core business activities include the operation of integrated pulp mills in North America and Europe. Its production portfolio encompasses NBSK pulp, renowned for its strength and versatility, and dissolving pulp, which serves as a key raw material in the manufacture of viscose, cellulose acetate and other specialty products.

The company’s facilities are located in British Columbia and the U.S.