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Ryan Corbett, Chief Financial Officer of MP Materials Corp (NYSE:MP), sold 20,000 shares of common stock on November 17, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $57.72, for a total transaction value of $1.15 million. The stock, currently trading at $63.56, has shown remarkable performance with a 248.6% return over the past year and appears significantly overvalued according to InvestingPro analysis.
The prices for the shares sold ranged from $57.31 to $58.31. The sales were executed under a Rule 10b5-1 trading plan adopted by Corbett on August 11, 2025. Following the transaction, Corbett directly owns 194,812 shares of MP Materials Corp, which now has a market capitalization of $11.29 billion. InvestingPro data shows MP Materials exhibits high volatility and remains unprofitable over the last twelve months, despite its impressive 307% year-to-date price return. Discover 10+ more exclusive insights with the comprehensive Pro Research Report, available for 1,400+ US stocks.
In other recent news, MP Materials Corp. announced a joint venture with the U.S. Department of War and Saudi Arabian Mining Company (Maaden) to develop a rare earth refinery in Saudi Arabia. This agreement is part of a strategic cooperation framework between the United States and Saudi Arabia, aimed at securing critical mineral supply chains. In addition, Goldman Sachs has initiated coverage on MP Materials with a Buy rating, citing the company’s dominance in rare earth production in the Western Hemisphere. DA Davidson has reiterated its Buy rating, highlighting the company’s progress in increasing NdPr oxide output and its plans for heavy rare earth element separation by mid-2026. JPMorgan has upgraded MP Materials’ stock rating to Overweight, reflecting ongoing national security concerns related to rare earths. These developments come after MP Materials reported its third-quarter 2025 results, showing growth in NdPr oxide output and advancements in its magnetics operations. The company continues to position itself strategically within the global rare earth supply chain.
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