Insider Selling: Magna International (TSE:MG) Insider Sells 39,210 Shares of Stock

Posted by Brian Himes on Jun 4th, 2026

Magna International Inc. (TSE:MG – Get Free Report) (NYSE:MGA) insider Tom Rucker Joerg sold 39,210 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of C$92.58, for a total value of C$3,630,061.80. Following the completion of the sale, the insider owned 31,633 shares of the company’s stock, valued at approximately C$2,928,583.14. This trade represents a 55.35% decrease in their position.

Magna International Stock Down 0.1%

Magna International stock traded down C$0.08 during midday trading on Thursday, hitting C$94.62. 430,281 shares of the company were exchanged, compared to its average volume of 1,453,307. The company has a market cap of C$26.16 billion, a PE ratio of 39.92, a price-to-earnings-growth ratio of 0.45 and a beta of 2.05. Magna International Inc. has a fifty-two week low of C$48.97 and a fifty-two week high of C$96.00. The company’s fifty day moving average price is C$83.26 and its 200-day moving average price is C$78.33. The company has a debt-to-equity ratio of 56.24, a current ratio of 1.22 and a quick ratio of 0.83.

Magna International (TSE:MG – Get Free Report) (NYSE:MGA) last posted its quarterly earnings data on Friday, May 1st. The company reported C$1.92 earnings per share (EPS) for the quarter. Magna International had a net margin of 1.59% and a return on equity of 5.43%. The company had revenue of C$14.43 billion for the quarter. On average, research analysts predict that Magna International Inc. will post 8.8948171 EPS for the current fiscal year.

Magna International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 29th were paid a dividend of $0.495 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.98 annualized dividend and a yield of 2.1%. Magna International’s payout ratio is 82.28%.

Analyst Ratings Changes

MG has been the subject of several recent analyst reports. Canadian Imperial Bank of Commerce upgraded Magna International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Veritas upgraded Magna International to a “strong-buy” rating in a report on Monday, May 4th. Finally, Scotiabank raised Magna International from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 23rd. Four research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Magna International currently has a consensus rating of “Buy” and a consensus price target of C$61.00.

Check Out Our Latest Analysis on MG

Magna International Company Profile

(Get Free Report)

Magna is one of the world’s largest automotive suppliers and a trusted partner to automakers in the industry’s most critical markets-North America, Europe, and China. With a global team and footprint spanning 28 countries, we bring unmatched scale, trusted reliability, and proven execution. Backed by nearly seven decades of experience, we combine deep manufacturing expertise with innovative vehicle systems to deliver performance, safety and quality.