Jagadeesh A Reddy

MEC CEO Jagadeesh Reddy sells 15.7K shares at $35.05 under pre-arranged 10b5-1 plan; holds 124.1K post-sale

Jagadeesh A Reddy, President & CEO, sold 15,688 shares at $35.05 under a scheduled 10b5-1 trading plan adopted on 2025-12-12, reducing his stake by 11.2% from 139.8K to 124.1K shares. This is a planned divestiture, not a discretionary transaction, and therefore carries no signal about insider conviction or market outlook. Contextually, the stock has risen sharply: +38.3% over 30 days and +112.8% over 90 days, rebounding from a 52-week low of $12.10. However, Mayville Engineering faces operational headwinds—the company reported a loss of $8.2M in the most recent quarter and an annual revenue decline of 6.0% year-over-year, with negative full-year net income. The CEO's prior activity at MEC shows mixed outcomes: his two most recent open-market sales on 2026-05-07 and 2026-06-01 posted near-term gains of +27.4% and +29.3% respectively, though those transactions predate the current filing. The sale under a pre-arranged plan reflects compliance scheduling rather than market timing or strategic positioning.

MEC CEO Reddy sells 17,942 shares at $30.00 (538.3K) under 10b5-1 plan; stock up 45.4% in 30 days, company unprofitable

Jagadeesh A Reddy, President & CEO of Mayville Engineering Company, Inc., sold 17,942 shares at $30.00 on 2026-06-01 for $538,261.79, reducing his holdings by 11.3% from 158,387 to 140,445 shares. This sale is part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-12, making it a scheduled transaction rather than a discretionary decision. The company's fundamentals are deteriorating: net income was $-8,175,000.00 over its most recent full fiscal year, annual revenue has contracted 6.0%, and the latest quarter shows continued unprofitability. Notably, the stock has appreciated 45.4% over the 30 days and 65.3% over the 90 days following a recent 52-week low of $12.10, and the CEO's prior two open-market sells at this ticker (on 2026-05-07) each posted positive 30-day and 90-day returns, though those pre-scheduled transactions under a fixed plan provide limited forward-looking signal amid deteriorating corporate performance.

CEO Reddy Jagadeesh A sells ~22K shares (12.4% of holdings) as stock nears 52-week highs; first open-market sale after four consecutive buys.

President and CEO Reddy Jagadeesh A sold approximately 22,000 shares while the stock trades near its 52-week high, marking a significant change from his consistent buying pattern over the prior year. This is his first open-market sale in over three years of Form 4 activity, having previously acquired shares on four separate occasions. His three prior purchases at this company showed mixed timing results—two gains and one decline over the following quarter—suggesting neither a strong nor consistent ability to time entries perfectly. The sale stands out against the company's challenged fundamentals, which show operating losses and declining revenue, creating a backdrop where the CEO's decision to trim holdings at elevated prices warrants attention. However, the mixed historical results and the fact that this appears to be profit-taking rather than panic selling—given the stock's strength—limits the urgency of this signal.

MEC CEO Jagadeesh buys 7,500 shares at $14.06 amid 37.3% pullback from 52-week high; prior MEC purchases show 2-of-3 well-timed at 90d, but stock now down 16.8% in 30d.

Reddy Jagadeesh A, as President & CEO, purchased 7,500 shares of Mayville Engineering Company, Inc. at $14.06 on 2025-08-07, increasing his holdings from 138,785 shares to 146,285 shares. The purchase occurs after significant recent weakness: the stock is -37.3% from its 52-week high of $21.81 and has declined -16.8% over the prior 30 days, though it remains above the 52-week low of $11.86. Jagadeesh's prior three MEC purchases show a mixed timing pattern, with 2 of 3 well-timed at the 90-day mark (returning +8.1% and +28.3%), suggesting some ability to identify recovery opportunities at this ticker, though his most recent MEC purchase (2025-03-12) saw a -7.4% 30-day return. The company's fundamentals remain challenged: the latest quarter showed revenue of $132,328,000.00 and net income of $-1,097,000.00, with annual revenue declining -1.2% year-over-year. This buy represents an addition to existing substantial holdings during a period of depressed valuation and recent momentum loss, observable in market price action rather than any forward-looking assertion about recovery timing.

CEO Reddy Jagadeesh A bought 380 MEC shares at $13.75; first purchase at this ticker, stock down 35.5% from 52-week high.

Reddy Jagadeesh A, the President & CEO of Mayville Engineering Company, initiated a position of 380 shares at $13.75 on 2025-03-12, representing his first purchase at MEC according to the trading history. The timing occurs with the stock trading at $14.06 currently, which is -35.5% from the 52-week high of $21.81, and down 18.1% over the past 90 days. At this ticker, his prior two buy attempts (2024-11-07 and 2024-03-15) produced mixed results: the November 2024 trade was underwater at +2.5% (30-day) and -5.3% (90-day), while the March 2024 trade recovered significantly to +28.3% over 90 days. Fundamentally, the company trades at a P/E of 9.44 on revenue of $135.4M and net income of $3.0M, with annual revenue declining 1.2% year-over-year. The modest transaction size ($5.2K total value) and the reduced stock price relative to its recent highs provide context for the purchase, though the company's modest profitability growth and declining revenue trajectory warrant attention.

Mayville Engineering CEO buys 5,903 shares at $16.72; stock now -24.5% from 52-week high with cluster of 3 other insider buys in past 14 days

Reddy Jagadeesh A (President & CEO) purchased 5,903 shares of MEC at $16.72 on 2024-11-07, increasing his holdings by 7.1% to 89,052 shares. The stock is currently trading at $16.46, down 24.5% from its 52-week high of $21.81 and down 18.0% over the past 30 days. At the same time, this buy is part of a cluster pattern where 3 other insiders also purchased within the past 14 days, suggesting alignment among the executive group. The CEO's prior open-market buy at MEC on 2024-03-15 exhibited a +28.3% 90-day return, indicating historical success in identifying entry points at this company; however, the current price action shows the stock has declined significantly since the transaction date, and the forward direction remains uncertain given the recent downward momentum.