In a filing, Mueller Industries, Inc revealed 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 $15.72 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 $4.54 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 -1.46% to $80.86. Over the last five days, the stock has gained 1.71%. Mueller Industries, Inc shares have risen nearly 1.89% since the year began. Nevertheless, the stocks have risen 60.44% over the past one year. While a 52-week high of $96.81 was reached on 01/21/25, a 52-week low of $50.84 was recorded on 02/04/25. SMA at 50 days reached $80.13, while 200 days put it at $73.12.
Levels Of Support And Resistance For MLI Stock
The 24-hour chart illustrates a support level at 79.87, which if violated will result in even more drops to 78.87. On the upside, there is a resistance level at 82.35. A further resistance level may holdings at 83.84. The Relative Strength Index (RSI) on the 14-day chart is 52.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.36%. Stochastics %K at 67.88% 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 .
