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Suzanne L Helen, a possible member of a group
The first sale involved 909 shares sold at a weighted average price of $137.5, with prices ranging from $137.43 to $137.65. The second transaction involved 1,291 shares sold at a weighted average price of $136.98, with prices ranging from $136.90 to $137.06. The company, with a market capitalization of $8.4 billion, maintains a healthy financial position with a current ratio of 2.13.
Following these transactions, Helen directly owns 141,646 shares and indirectly owns 85,493 shares of Mohawk Industries Inc. InvestingPro analysis shows the company maintains a "GOOD" overall financial health score, with 7 additional exclusive ProTips available for subscribers. In other recent news, Mohawk Industries reported robust second-quarter earnings for 2025, surpassing both earnings per share (EPS) and revenue forecasts. The company achieved an adjusted EPS of $2.77, exceeding the anticipated $2.60, and reported revenue of $2.8 billion, slightly above the expected $2.76 billion. These results indicate that sales declines were modest and comparable to the first quarter of 2025, suggesting stable demand. Truist Securities has reiterated its Buy rating on Mohawk Industries with a price target of $148.00 following these strong quarterly results. This rating reflects confidence in the company’s performance and future prospects. The reaffirmation by Truist Securities highlights the company’s ability to meet and exceed market expectations. These developments are part of the recent updates concerning Mohawk Industries. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.