Microvast Holdings announces departure of chief financial officer
Helen Suzanne L, a director at Mohawk Industries Inc (NYSE:MHK), sold 2,500 shares of common stock on July 28, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $120.601, for a total value of $301,502. Sales were executed in multiple transactions at prices ranging from $120.00 to $121.87. The stock, which has shown strong momentum with a 4% gain over the past week according to InvestingPro data, appears undervalued based on comprehensive Fair Value analysis.
Following the transaction, Helen Suzanne L directly owns 91,084 shares and indirectly owns 141,646 shares through a Family Ltd Ptrshp. With a market capitalization of $7.4 billion and a solid financial health score rated as "GOOD" by InvestingPro, Mohawk Industries maintains strong fundamentals, including a healthy current ratio of 2.13 and manageable debt levels. Discover more insights about MHK and 1,400+ other stocks through comprehensive Pro Research Reports available on InvestingPro.
In other recent news, Mohawk Industries reported strong financial results for the second quarter of 2025, surpassing both earnings per share (EPS) and revenue forecasts. The company achieved an adjusted EPS of $2.77, which was higher than the anticipated $2.60. Additionally, Mohawk Industries reported revenue of $2.8 billion, slightly above the expected $2.76 billion. These results indicate that the company’s sales declines remained modest, comparable to the first quarter of 2025, suggesting stable demand. Truist Securities has reiterated its Buy rating on Mohawk Industries, maintaining a price target of $148.00. The firm’s analysis follows the company’s quarterly results, which exceeded both market expectations and management’s guidance. These developments highlight the company’s ability to navigate market challenges effectively.
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