Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
MUELLER INDUSTRIES INC (MLI)
Sector: Industrials; Industry: Metal Fabrication

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It also manufactures steel pipe nipples; and resells imported brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialty products. Its Climate segment offers valves, protection devices, and brass fittings, as well as tubular assemblies and fabrications for various OEMs in the commercial heating, ventilation, and air-conditioning (HVAC) and refrigeration markets; components and accessories for the air-conditioning and refrigeration markets; and coaxial heat exchangers and twisted tubes for HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets. The company was founded in 1917 and is headquartered in Collierville, Tennessee.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-10-21 GLADSTEIN GARY S Director Buy 11,399 $47.71 $543,846 No
2021-05-10 Christopher Gregory L. Chairman of the Board & CEO Sell 25,000 $48.00 $1,200,000 No
2021-04-12 Christopher Gregory L. Chairman of the Board & CEO Sell 25,000 $44.00 $1,100,000 No
2021-02-09 Steinriede Anthony VP - Corporate Controller Sell 2,500 $37.75 $94,375 No
2021-01-06 Christopher Gregory L. Chairman of the Board & CEO Sell 25,000 $37.00 $925,000 No
2020-12-15 Christopher Gregory L. Chairman of the Board & CEO Sell 19,041 $35.00 $666,435 No
2020-11-24 HANSEN JOHN B Director Sell 1,000 $34.64 $34,640 No
2020-11-09 Christopher Gregory L. Chairman of the Board & CEO Sell 5,959 $35.10 $209,161 No
2020-11-09 Sigloch Steffen Chief Manufacturing Officer Sell 5,000 $34.35 $171,750 No
2020-06-05 Sigloch Steffen Chief Manufacturing Officer Sell 6,749 $29.27 $197,543 No
2020-05-26 Sigloch Steffen Chief Manufacturing Officer Sell 8,447 $26.49 $223,776 No
2020-04-23 HANSEN JOHN B Director Sell 1,000 $24.76 $24,761 No
2019-12-23 Westermeyer Gary President, Refrigeration Buy 218 $28.57 $6,227 No
2020-02-04 Christopher Gregory L. Chairman of the Board & CEO Sell 25,000 $33.10 $827,400 No
2019-12-06 Christopher Gregory L. Chairman of the Board & CEO Sell 22,798 $32.01 $729,764 No
2019-11-25 Christopher Gregory L. Chairman of the Board & CEO Sell 8,497 $32.00 $271,904 No
2019-11-07 Christopher Gregory L. Chairman of the Board & CEO Sell 3,713 $32.00 $118,816 No
2019-11-05 Christopher Gregory L. Chairman of the Board & CEO Sell 14,992 $32.01 $479,894 No
2019-10-28 HANSEN JOHN B Director Sell 1,500 $30.89 $46,335 No
2019-10-28 Christopher Gregory L. Chairman of the Board & CEO Sell 19,187 $31.00 $594,845 No
2019-08-21 FULVIO GENNARO J Director Sell 10,383 $26.62 $276,416 No
2019-08-02 Ford Kristee Michelle Chief Information Officer Buy 352 $28.60 $10,067 No
2019-07-29 Christopher Gregory L. Chairman of the Board & CEO Sell 2,804 $31.02 $86,969 No
2019-07-25 HANSEN JOHN B Director Sell 3,000 $30.79 $92,376 No
2019-07-26 Christopher Gregory L. Chairman of the Board & CEO Sell 3,009 $31.00 $93,279 No
2019-07-25 FLAHERTY PAUL J Director Sell 10,000 $30.41 $304,060 No
2019-05-03 Ford Kristee Michelle Chief Information Officer Buy 343 $29.33 $10,060 No
2019-02-28 GOLDMAN SCOTT JAY Director Sell 1,000 $32.75 $32,754 No
2019-02-28 Christopher Gregory L. Chairman of the Board & CEO Sell 50,000 $32.69 $1,634,500 No
2018-11-27 GLADSTEIN GARY S Director Buy 3,000 $24.00 $72,000 No

Insider Smart

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.

Insider Smart

Mohawk Group Holdings, Inc. (MWK) - Multiple insiders bought MWK in June around $5, stock moved sideways for a month then made a 60% jump in 10 days. Patience is the key.