Mueller Industries Inc. (MLI) recently announced that Director John B. Hansen sold 1,000 shares at a price of $91.98 per share on August 12, 2025, and also sold an additional 1,000 shares at $91.94 per share on the same date.
Mueller Industries Inc. (MLI) recently saw its Director, John B. Hansen, sell a total of 2,000 shares of the company's stock on August 12, 2025. The transactions were executed at prices of $91.975 and $91.94 per share, totaling $183,915. Following these sales, Hansen directly owns 92,664 shares and indirectly owns 15,000 shares through a trust benefiting his wife and children [2].
This insider sale comes amidst strong financial performance by Mueller Industries. The company reported quarterly earnings of $1.96 per share, exceeding expectations, with revenue of $1.14 billion, up 14.1% from the previous year [1]. Additionally, the company announced a quarterly dividend of $0.25 per share, reflecting an annualized dividend of $1.00 and a yield of 1.2% [1].
The stock price of Mueller Industries has been trending upward, trading up $0.72 during mid-day trading on Friday, hitting $88.98. The company's stock had a trading volume of 569,757 shares, compared to its average volume of 1,023,693. The stock's fifty day moving average is $81.85 and its two-hundred day moving average is $78.85 [1].
Institutional investors and hedge funds own 94.50% of the company's stock, with several recent changes in their holdings. Annis Gardner Whiting Capital Advisors LLC purchased 8,400 shares valued at approximately $640,000, while other institutional investors like Schroder Investment Management Group, Alliancebernstein L.P., Franklin Resources Inc., Geode Capital Management LLC, and Trexquant Investment LP have also increased their stakes in the company [1].
The insider sale by Director John B. Hansen represents a 3.23% decrease in his ownership of the stock, following the completion of the sale. The transaction was disclosed in a document filed with the Securities & Exchange Commission [2].
Mueller Industries Inc. continues to show robust financial health, with strong earnings and a growing institutional investor base. The recent insider sale by Director Hansen does not appear to indicate a significant shift in the company's outlook, given the strong financial performance and increasing institutional interest.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-annis-gardner-whiting-capital-advisors-llc-acquires-new-stake-in-mueller-industries-inc-nysemli-2025-08-05/
[2] https://www.tradingview.com/news/tradingview:5ef40d352a90c:0-mueller-industries-director-john-b-hansen-sells-2-000-shares/
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