Today, a Director at Mueller Industries (MLI), Gary Gladstein, bought shares of MLI for $163.3K.
This recent transaction increases Gary Gladstein’s holding in the company by 6.51% to a total of $2.66 million. In addition to Gary Gladstein, 4 other MLI executives reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
Based on Mueller Industries’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $646 million and quarterly net profit of $20.29 million. In comparison, last year the company earned revenue of $550 million and had a net profit of $22.26 million. MLI’s market cap is $1.42B and the company has a P/E ratio of 16.98. Currently, Mueller Industries has an average volume of 44.79K.
The insider sentiment on Mueller Industries has been positive according to 43 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Gary Gladstein’s trades have generated a 15.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Mueller Industries, Inc. engages in the manufacture of copper, brass, aluminum, and plastic products. It operates through the following segments: Piping Systems, Industrial Metals, and Climate.
