A Director at The Middleby Corp (MIDD) is Selling Shares


Today, a Director at The Middleby Corp (MIDD), Chapin Sarah Palisi, sold shares of MIDD for $37.25K.

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Based on The Middleby Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $757 million and quarterly net profit of $94.84 million. In comparison, last year the company earned revenue of $633 million and had a net profit of $75.19 million. MIDD’s market cap is $7.11B and the company has a P/E ratio of 22.37. Currently, The Middleby Corp has an average volume of 370.5K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $142.33, reflecting a 11.5% upside.

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Middleby Corp. engages in the design, manufacture, marketing, distribution and service of a broad line of foodservice equipment. It operates through the following segments: Commercial Foodservice Equipment Group, Food Processing Equipment Group, and Residential Kitchen Equipment Group.

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