Mohawk Industries president sells $57,733 in stock

Published 15/08/2025, 21:28
Mohawk Industries president sells $57,733 in stock

Wim Messiaen, President Flooring ROW at Mohawk Industries Inc (NYSE:MHK), sold 450 shares of common stock on August 14, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $128.2966, for a total transaction value of $57,733. The sale comes as MHK, with a market capitalization of nearly $8 billion, shows strong momentum with a 6.86% gain over the past week. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value assessment.

Following the transaction, Messiaen directly owns 17,360 shares of Mohawk Industries. The company maintains strong financial health with a current ratio of 2.13, indicating solid liquidity. InvestingPro data reveals 8 additional key insights about MHK’s financial position and growth prospects, available to subscribers through comprehensive Pro Research Reports covering 1,400+ top US stocks.

In other recent news, Mohawk Industries reported impressive second-quarter earnings for 2025, surpassing both earnings per share (EPS) and revenue projections. The company achieved an adjusted EPS of $2.77, which exceeded the anticipated $2.60, and recorded revenue of $2.8 billion, slightly above the expected $2.76 billion. These results indicate that the company’s sales declines remained modest and comparable to the first quarter of 2025, suggesting stable demand. Truist Securities responded to these results by reiterating its Buy rating on Mohawk Industries stock, maintaining a price target of $148.00. The firm’s analysis highlights confidence in the company’s performance and future prospects. These developments provide investors with a clearer picture of Mohawk Industries’ current financial health and market position.

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