Director Goldman Scott Jay sold 16,483 shares of MLI at $73.46; holdings decline 29.4% to 39,615 shares
Director Goldman Scott Jay executed a sale of 16,483 shares at $73.46 on 2025-04-29, reducing his holdings by 29.4% from 56,098 to 39,615 shares and realizing $1,210,900.52 in proceeds. The sale occurred when the stock was trading -22.8% below its 52-week high of $95.34 and has declined 8.2% over the prior 90 days. Mueller Industries reports strong fundamentals with a 10.2% annual revenue growth and a 13.04 P/E ratio on $1.0B quarterly revenue and $157.4M net income. The substantial reduction in insider holdings—representing nearly 30% of pre-transaction position—may warrant examination of Goldman's confidence level, though the depressed relative valuation and negative recent momentum provide context for the transaction timing.