Campbell & CO Investment Adviser LLC acquired 7,443 shares of
Mohawk Industries, Inc. Similarly, stocks were accrued in substantial amounts by
Savant Capital LLC,
Sound Shore Management Inc CT,
South Dakota Investment Council, and
Focus Partners Advisor Solutions LLC. Conversely, shares were sold by
Tabor Asset Management LP and
Townsend & Associates Inc.
Mohawk Industries' recent earnings were seen as soft yet better than initial appearance and their Q3 report showed better-than-expected sales, defying the margin decline and stock plunge observed by stakeholders, but their value narrative remains under scrutiny. There has been a CFO succession with
James Brunk retiring and
Nicholas Manthey taking the helm. This transition may affect investment considerations. The company's share prices experienced a loss streak on two occasions at -12% and -14% respectively. Despite these,
Mohawk Industries shares soared on specific occasions, buoyed by strong Q3 revenues. Despite the undervalued stock after their recent rebound, analysts caution that it's premature to upgrade this play. The retirement of CFO James F. Brunk prompted a moderate buy rating from analysts.
Mohawk Industries MHK News Analytics from Wed, 29 Jan 2025 08:00:00 GMT to Sat, 15 Nov 2025 09:13:09 GMT -
Rating -2
- Innovation 2
- Information 4
- Rumor -6
