Director Nerbonne buys 780 MIDD shares at $128.52; stock down -25.4% from 52-week high amid -$513.0M quarterly loss.
Director Robert A Nerbonne purchased 780 shares of Middleby Corp at $128.52 on 2025-12-09, increasing his holdings by 3.8% to 21,471 shares. The purchase occurred as the stock trades -25.4% below its 52-week high of $172.89, while the company reported a latest quarterly net loss of $-512,978,000.00 against revenue of $982,131,000.00 and annual revenue declining -4.0%. Notably, Nerbonne's only prior buy at MIDD (2023-08-21) delivered -10.4% over 90 days, and his cross-ticker track record shows zero 90-day wins across 1 prior transaction, suggesting a pattern of ill-timed entry decisions. The timing and magnitude of this purchase warrant examination given the deteriorating financial backdrop and historical execution pattern.