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Middleby  on December 2, 2022


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The Middleby Corporation (NASDAQ:MIDD) insiders placed bullish bets worth US$1.6m in the last 12 months - Simply Wall St

Over the last year, we can see that the biggest insider purchase was by CEO & Director Timothy FitzGerald for US$992k worth of shares, at about US$132 per share. That implies that an insider found the current price of US$144 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price.

simplywall.st     Dec 02, 2022