Mueller Industries, Inc’s recently made public that its Chief Manufacturing Officer Sigloch Steffen unloaded Company’s shares for reported $2.15 million on Feb 28 ’25. In the deal valued at $79.15 per share,27,184 shares were sold. As a result of this transaction, Sigloch Steffen now holds 194,426 shares worth roughly $15.46 million.
Then, Steffen Sigloch bought 101,235 shares, generating $7,986,429 in total proceeds.
Before that, GOLDMAN SCOTT JAY sold 10,000 shares. Mueller Industries, Inc shares valued at $798,100 were divested by the Director at a price of $79.81 per share. As a result of the transaction, GOLDMAN SCOTT JAY now holds 56,098 shares, worth roughly $4.46 million.
Northcoast upgraded its Mueller Industries, Inc [MLI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. Boenning & Scattergood also remained covering MLI and has increased its forecast on December 14, 2020 with a “an Outperform” recommendation from previously “Neutral” rating. Boenning & Scattergood revised its rating on February 04, 2020. It rated MLI as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of MLI
On Monday, Mueller Industries, Inc [NYSE:MLI] saw its stock fall -0.85% to $79.50. Over the last five days, the stock has lost -0.11%. Mueller Industries, Inc shares have risen nearly 0.18% since the year began. Nevertheless, the stocks have risen 56.22% over the past one year. While a 52-week high of $96.81 was reached on 01/21/25, a 52-week low of $49.95 was recorded on 02/04/25. SMA at 50 days reached $80.13, while 200 days put it at $72.58.
Levels Of Support And Resistance For MLI Stock
The 24-hour chart illustrates a support level at 78.16, which if violated will result in even more drops to 76.82. On the upside, there is a resistance level at 81.54. A further resistance level may holdings at 83.57. The Relative Strength Index (RSI) on the 14-day chart is 47.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.95%. Stochastics %K at 33.92% indicates the stock is a holding.
The most recent change occurred on May 18, 2018 when Boenning & Scattergood began covering the stock and recommended ‘”a Neutral”‘ rating .
