Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. 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 $7.18 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
On last trading session,, Mueller Industries, Inc [NYSE: MLI] plunged -2.45% to $76.44. The stock’s lowest price that day was $76.39, but it reached a high of $78.28 in the same session. During the last five days, there has been a drop of approximately -1.00%. Over the course of the year, Mueller Industries, Inc shares have dropped approximately -3.68%.
Support And Resistance Levels for Mueller Industries, Inc (MLI)
RSI (Relative Strength Index) is 47.14 on the 14-day chart, showing neutral technical sentiment.
Is Mueller Industries, Inc subject to short interest?
Stocks of Mueller Industries, Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.12 million shares to 4.19 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 4.07 million shares. A jump of 2.81% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.98 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.98.