A number of research firms have changed their ratings and price targets for Elmet Group (NASDAQ: ELMT):
- 5/19/2026 – Elmet Group was upgraded by Zacks Research to “hold”.
- 5/18/2026 – Elmet Group is now covered by Cantor Fitzgerald. They set an “overweight” rating and a $20.00 price target on the stock.
- 5/18/2026 – Elmet Group is now covered by Roth Mkm. They set a “buy” rating and a $21.00 price target on the stock.
- 5/18/2026 – Elmet Group is now covered by Canaccord Genuity Group Inc.. They set a “buy” rating and a $20.00 price target on the stock.
- 5/18/2026 – Elmet Group is now covered by Needham & Company LLC. They set a “buy” rating and a $21.00 price target on the stock.
- 5/2/2026 – Elmet Group was upgraded by Wall Street Zen to “hold”.
Insiders Place Their Bets
In other Elmet Group news, Director Kathie Merrill Leonard purchased 5,000 shares of the stock in a transaction on Wednesday, April 22nd. The stock was acquired at an average cost of $14.00 per share, with a total value of $70,000.00. Following the completion of the purchase, the director directly owned 5,000 shares of the company’s stock, valued at approximately $70,000. This trade represents a ? increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kimberly Monzeglio Anania purchased 7,000 shares of the stock in a transaction on Wednesday, April 22nd. The stock was acquired at an average cost of $14.00 per share, with a total value of $98,000.00. Following the completion of the purchase, the director directly owned 7,000 shares of the company’s stock, valued at $98,000. The trade was a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing.
Elmet provides precision-engineered components and advanced high-energy systems for growth markets. Our customers in these markets require advanced technology involving critical and strategic materials, such as tungsten, molybdenum and niobium (such materials, the “Critical Materials”) and high-level radio frequency (“RF”) engineering, including plasma generation, radar, and other high-energy systems (together, “High-Power Microwave”). Our products and solutions are integral to the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries.
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