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 $462.66 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 $443.23 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 -1.87% to $141.19. Over the last five days, the stock has lost -4.10%. Middleby Corp shares have risen nearly 4.24% since the year began. Nevertheless, the stocks have risen 13.66% over the past one year. While a 52-week high of $182.73 was reached on 02/25/25, a 52-week low of $118.41 was recorded on 04/21/25.
Levels Of Support And Resistance For MIDD Stock
The 24-hour chart illustrates a support level at 139.95, which if violated will result in even more drops to 138.72. On the upside, there is a resistance level at 142.78. A further resistance level may holdings at 144.38.
How much short interest is there in Middleby Corp?
A steep rise in short interest was recorded in Middleby Corp stocks on 2025-05-30, growing by 0.55 million shares to a total of 3.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 3.07 million shares. There was a rise of 15.21%, which implies that there is a positive sentiment for the 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.
