Stock Traders Buy High Volume of TMC the metals Call Options (NASDAQ:TMC)

Posted by Stanley Muller on Jul 8th, 2026

TMC the metals company Inc. (NASDAQ:TMC – Get Free Report) saw some unusual options trading activity on Wednesday. Stock investors acquired 26,835 call options on the company. This represents an increase of approximately 62% compared to the typical daily volume of 16,591 call options.

Insider Transactions at TMC the metals

In other TMC the metals news, Director Brendan May sold 20,768 shares of TMC the metals stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $6.42, for a total value of $133,330.56. Following the completion of the sale, the director owned 193,346 shares of the company’s stock, valued at approximately $1,241,281.32. The trade was a 9.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 28.50% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Mirador Capital Partners LP increased its stake in TMC the metals by 8.3% in the 2nd quarter. Mirador Capital Partners LP now owns 613,528 shares of the company’s stock worth $2,718,000 after buying an additional 47,199 shares in the last quarter. Rathbones Group PLC purchased a new position in shares of TMC the metals in the first quarter valued at about $144,000. Bank of America Corp DE boosted its stake in shares of TMC the metals by 83.0% in the first quarter. Bank of America Corp DE now owns 150,600 shares of the company’s stock worth $703,000 after acquiring an additional 68,324 shares during the period. Arkadios Wealth Advisors bought a new position in shares of TMC the metals in the first quarter worth about $66,000. Finally, Amundi grew its position in shares of TMC the metals by 13.3% during the first quarter. Amundi now owns 44,186 shares of the company’s stock worth $206,000 after purchasing an additional 5,202 shares in the last quarter. Hedge funds and other institutional investors own 4.39% of the company’s stock.

Analyst Upgrades and Downgrades

TMC has been the topic of a number of recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of TMC the metals in a report on Monday, April 20th. Maxim Group began coverage on shares of TMC the metals in a research note on Thursday, June 4th. They issued a “buy” rating and a $10.00 price objective on the stock. Wedbush boosted their target price on shares of TMC the metals from $8.00 to $10.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Wall Street Zen raised shares of TMC the metals from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Finally, HC Wainwright reiterated a “buy” rating and set a $11.75 price target on shares of TMC the metals in a research note on Tuesday, June 2nd. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, TMC the metals presently has an average rating of “Hold” and a consensus price target of $10.58.

Read Our Latest Research Report on TMC the metals

TMC the metals Stock Down 4.7%

Shares of TMC opened at $4.04 on Wednesday. The business has a 50-day simple moving average of $5.21 and a two-hundred day simple moving average of $5.86. TMC the metals has a 52 week low of $3.87 and a 52 week high of $11.35. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of -5.11 and a beta of 2.03.

TMC the metals (NASDAQ:TMC – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.01. On average, equities analysts anticipate that TMC the metals will post -0.31 earnings per share for the current fiscal year.

TMC the metals Company Profile

(Get Free Report)

TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, energy transmission, manganese alloy production required for steel production, and other applications.