Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mohawk Industries, Inc shares valued at $1,191,162 were sold by HELEN SUZANNE L on Mar 14 ’25. At $113.44 per share, HELEN SUZANNE L sold 10,500 shares. The insider’s holdings dropped to 93,584 shares worth approximately $10.72 million following the completion of this transaction.
Also, HELEN SUZANNE L purchased 5,500 shares, netting a total of over 623,944 in proceeds.
Before that, HELEN SUZANNE L had added 5,000 shares to its account. In a trade valued at $567,356, the affiliate bought Mohawk Industries, Inc shares for $113.47 each.
As published in a research note from JP Morgan on January 10, 2025, Mohawk Industries, Inc [MHK] has been rated up from a Neutral to an Overweight and the price target has been revised to $161. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of October 21, 2024, Robert W. Baird has increased its “Neutral” rating to a “an Outperform” for MHK. Earlier on October 07, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Equal weight” for MHK stock which previously was a “an Underweight”.
Analyzing MHK Stock Performance
During the last five days, there has been a surge of approximately 0.97%. Over the course of the year, Mohawk Industries, Inc shares have dropped approximately -3.88%. Shares of the company reached a 52-week high of $132.15 on 01/23/25 and a 52-week low of $109.76 on 03/13/25. A 50-day SMA is recorded $119.99, while a 200-day SMA reached $133.33.
Support And Resistance Levels for Mohawk Industries, Inc (MHK)
According to the 24-hour chart, there is a support level at 112.48, which, if violated, would cause prices to drop to 110.44. In the upper region, resistance lies at 115.66. The next price resistance is at 116.80. RSI (Relative Strength Index) is 44.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.48, which suggests the price will decrease in the coming days. Percent R is at 48.59%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
