CEO of Mueller Industries Inc (MLI) Gregory L. Christopher sells 20,000 shares of MLI on 02/01/2013 at an average price of $54.02 a share.

Mueller Industries Inc has a market cap of $1.52 billion; its shares were traded at around $54.14 with a P/E ratio of 26.3 and P/S ratio of 0.9. The dividend yield of Mueller Industries Inc stocks is 0.8%. Mueller Industries Inc had an annual average earning growth of 1.5% over the past 10 years.

This is the annual revenues and earnings per share of MLI over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of MLI.

CEO Recent Trades:

• CEO Gregory L. Christopher sold 20,000 shares of MLI stock on 02/01/2013 at the average price of 54.02. Gregory L. Christopher owns at least 212,650 shares after this. The price of the stock has increased by 0.22% since.

This is the insider trade history vs. stock price of MLI. For the complete insider trading history of MLI, click here.

Directors and Officers Recent Trades:

• Director Alexander Philip Federbush bought 2,000 shares of MLI stock on 11/28/2012 at the average price of 46.71. Alexander Philip Federbush owns at least 8,000 shares after this. The price of the stock has increased by 15.91% since.
• Director Scott Jay Goldman sold 500 shares of MLI stock on 11/09/2012 at the average price of 44.68. Scott Jay Goldman owns at least 1,671 shares after this. The price of the stock has increased by 21.17% since.
• Director Alexander Philip Federbush sold 5,000 shares of MLI stock on 11/07/2012 at the average price of 45.42. Alexander Philip Federbush owns at least 6,000 shares after this. The price of the stock has increased by 19.2% since.
• Director Ian M. Cumming sold 10,422,859 shares of MLI stock on 09/24/2012 at the average price of 41. The price of the stock has increased by 32.05% since.
• Director Joseph S Steinberg sold 10,422,859 shares of MLI stock on 09/24/2012 at the average price of 41. The price of the stock has increased by 32.05% since.

For the complete insider trading history of MLI, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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