Today, the Sr. VP – Plastics of Mueller Industries (NYSE: MLI), Daniel Corbin, sold shares of MLI for $97.32K.
Following Daniel Corbin’s last MLI Sell transaction on October 24, 2014, the stock climbed by 4.9%. In addition to Daniel Corbin, 3 other MLI executives reported Sell trades in the last month.
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Based on Mueller Industries’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $663 million and quarterly net profit of $33.18 million. In comparison, last year the company earned revenue of $614 million and had a net profit of $27.63 million. MLI’s market cap is $1.86B and the company has a P/E ratio of 21.63. Currently, Mueller Industries has an average volume of 34.57K.
In the last 30 days, insiders have sold $307.9K worth of MLI shares and purchased $12.86K worth of MLI shares. The insider sentiment on Mueller Industries has been negative according to 40 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Daniel Corbin’s trades have generated a -8.7% 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.
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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.
