Magnum Ice Cream (NYSE:MICC) Hits New 1-Year Low – Here’s Why

Posted by ABMN Staff on Apr 3rd, 2026

The Magnum Ice Cream Company N.V. (NYSE:MICC – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $14.36 and last traded at $14.4020, with a volume of 21653 shares trading hands. The stock had previously closed at $14.95.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Zacks Research downgraded shares of Magnum Ice Cream from a “hold” rating to a “strong sell” rating in a report on Thursday, March 5th. The Goldman Sachs Group cut shares of Magnum Ice Cream from a “neutral” rating to a “sell” rating in a report on Friday, March 20th. Berenberg Bank raised shares of Magnum Ice Cream to a “hold” rating in a research report on Friday, February 27th. Weiss Ratings lowered shares of Magnum Ice Cream from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, March 20th. Finally, Oddo Bhf initiated coverage on shares of Magnum Ice Cream in a research report on Thursday, January 15th. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Read Our Latest Report on MICC

Magnum Ice Cream Stock Down 0.9%

The firm’s 50-day moving average is $16.26.

Institutional Investors Weigh In On Magnum Ice Cream

A number of hedge funds have recently made changes to their positions in MICC. BNP Paribas bought a new stake in shares of Magnum Ice Cream during the 4th quarter worth $27,000. Cullen Frost Bankers Inc. purchased a new stake in Magnum Ice Cream during the fourth quarter worth about $28,000. Bartlett & CO. Wealth Management LLC purchased a new stake in Magnum Ice Cream during the fourth quarter worth about $30,000. Leonteq Securities AG bought a new stake in Magnum Ice Cream in the fourth quarter worth about $30,000. Finally, V Square Quantitative Management LLC bought a new stake in Magnum Ice Cream in the fourth quarter worth about $33,000.