Middleby Corp’s filing revealed that its Director GARDEN EDWARD P acquired Company’s shares for reported $20.28 million on May 21 ’25. In the deal valued at $148.03 per share,137,000 shares were bought. As a result of this transaction, GARDEN EDWARD P now holds 3,276,834 shares worth roughly $491.26 million.
Then, GARDEN EDWARD P bought 37,473 shares, generating $5,560,993 in total proceeds. Upon buying the shares at $148.40, the Director now owns 3,125,736 shares.
Before that, GARDEN EDWARD P bought 13,477 shares. Middleby Corp shares valued at $2,011,127 were divested by the Director at a price of $149.23 per share. As a result of the transaction, GARDEN EDWARD P now holds 3,139,213 shares, worth roughly $470.63 million.
Jefferies downgraded its Middleby Corp [MIDD] rating to a Hold from a a Buy in a research note published on December 12, 2024; the price target was decreased to $160 from $170. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in late June with a ‘”a Mkt perform”‘ rating. JP Morgan also remained covering MIDD and has decreased its forecast on May 22, 2024 with a “an Underweight” recommendation from previously “Neutral” rating. Canaccord Genuity started covering the stock on November 17, 2022. It rated MIDD as “a Buy”.
Price Performance Review of MIDD
On Friday, Middleby Corp [NASDAQ:MIDD] saw its stock fall -0.03% to $149.92. Over the last five days, the stock has gained 1.38%. Middleby Corp shares have risen nearly 10.68% since the year began. Nevertheless, the stocks have risen 19.08% over the past one year.
Levels Of Support And Resistance For MIDD Stock
The most recent change occurred on August 26, 2022 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $190 price target.
