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Insider at Mohawk Industries (MHK) Makes Significant Sale of Stock

05/07/2021 18:33

10:19 PM EDT, 05/07/2021 (MT Newswires) -- There was a significant sale of shares of Mohawk Industries by an insider today, as indicated in a form 4 document filed with the SEC. One insider -- Bernard Thiers, Officer -- disposed of 5,000 shares in the company having a market value of approximately $1,110,000. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 11,310 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 16,310 shares and have averaged 4,078 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Mohawk Industries is higher than the 3-company peer group average. Carpets & Curtains peer group saw 4 buy/sell trades during this period for an average of 1.3 transactions per company. The number of shares per buy/sell trade for Mohawk Industries insiders was also higher. Within the peer group there were 0 shares purchased and 11,310 shares sold with company insiders selling 2,828 shares on average.

The data used in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.