The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Mueller Industries, Inc shares valued at $243,589 were purchased by HANSEN JOHN B on May 12 ’25. At $77.82 per share, HANSEN JOHN B acquired 3,130 shares.
Also, Sigloch Steffen sold 19,584 shares, netting a total of over 1,521,128 in proceeds. Following the sale of shares at $77.67 each, the insider now holds 139,960 shares.
Before that, HANSEN JOHN B had sold 3,130 shares from its account. In a trade valued at $244,353, the Director traded Mueller Industries, Inc shares for $78.07 each. Upon closing the transaction, the insider’s holdings decreased to 3,130 shares, worth approximately $7.15 million.
As published in a research note from Northcoast on December 11, 2024, Mueller Industries, Inc [MLI] has been rated up from a Neutral to a Buy and the price target has been revised to $105. Analysts at Northcoast downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid January. As of December 14, 2020, Boenning & Scattergood has increased its “Neutral” rating to a “an Outperform” for MLI. Earlier on February 04, 2020, Boenning & Scattergood upgraded its rating. Their new recommendation was “an Outperform” for MLI stock which previously was a “a Neutral”.
Analyzing MLI Stock Performance
During the last five days, there has been a drop of approximately -3.73%. Over the course of the year, Mueller Industries, Inc shares have dropped approximately -4.11%. Shares of the company reached a 52-week high of $83.86 on 01/21/25 and a 52-week low of $66.84 on 04/07/25.
Support And Resistance Levels for Mueller Industries, Inc (MLI)
According to the 24-hour chart, there is a support level at 75.45, which, if violated, would cause prices to drop to 74.81. In the upper region, resistance lies at 76.97. The next price resistance is at 77.85. RSI (Relative Strength Index) is 49.87 on the 14-day chart, showing neutral technical sentiment.
