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Insider Trends: Insider Adds to Selling Trend at Mueller Industries

05/11/2021 07:37

11:33 AM EDT, 05/11/2021 (MT Newswires) -- Gregory L Christopher, Director and Chairman & CEO, reported a sale of 25,000 shares in Mueller Industries (MLI) on May 10, 2021, for $1,200,000. Following the Form 4 filing with the SEC, Christopher controls a total of 639,965 shares of company stock, with 426,165 shares held directly and 213,800 owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $30.1 million.

In the 90 days prior to the date of this filing, there have been 11 insider transactions reported to the SEC for Mueller Industries. These transactions came from the activities of 8 separate insiders that resulted in a net disposition of 7,000 company shares. In the preceding 90-day window of time, there were 6 transactions from 5 insiders and resulted in the net disposition of 55,856 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/89439/000008943921000038/xslF345X03/wf-form4_162074703631046.xml

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.