<div id="readability-page-1"><p>The Middleby Corporation (NASDAQ:MIDD - Get Free Report) Director Robert Nerbonne purchased 780 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were acquired at an average cost of $128.52 per share, for a total transaction of $100,245.60. Following the completion of the transaction, the director owned 21,471 shares of the company's stock, valued at $2,759,452.92. This trade represents a 3.77% increase in their position. The purchase was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this hyperlink.</p><h2>Middleby Stock Performance</h2><ul><li>Insiders Spent Millions on These 3 Stocks Over the Past 2 Months</li></ul><p>NASDAQ MIDD traded up $0.81 during trading on Tuesday, reaching $129.00. The company's stock had a trading volume of 1,214,006 shares, compared to its average volume of 724,140. The firm has a 50 day moving average price of $125.90 and a 200 day moving average price of $135.53. The Middleby Corporation has a 12 month low of $110.82 and a 12 month high of $182.73. The firm has a market capitalization of $6.50 billion, a price-to-earnings ratio of -29.32 and a beta of 1.39. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. </p><p>Middleby (NASDAQ:MIDD - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The industrial products company reported $2.37 earnings per share for the quarter, beating analysts' consensus estimates of $2.03 by $0.34. The company had revenue of $982.13 million during the quarter, compared to the consensus estimate of $961.21 million. Middleby had a negative net margin of 5.22% and a positive return on equity of 14.66%. The firm's quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.33 earnings per share. Middleby has set its FY 2025 guidance at 8.990-9.140 EPS and its Q4 2025 guidance at 2.190-2.340 EPS.  As a group, equities analysts anticipate that  The Middleby Corporation will post 9.11 EPS for the current fiscal year. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several analysts have recently issued reports on MIDD shares. Barclays  set a $168.00 target price on Middleby and gave the stock an &#34;overweight&#34; rating in a report on Tuesday, November 11th. Wolfe Research  set a $163.00 price objective on shares of Middleby and gave the stock an &#34;outperform&#34; rating in a research note on Thursday, September 4th. Wall Street Zen upgraded shares of Middleby from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, November 8th. JPMorgan Chase &amp; Co. upgraded shares of Middleby from an &#34;underweight&#34; rating to a &#34;neutral&#34; rating and reduced their price target for the stock from $140.00 to $125.00 in a research report on Friday, November 7th. Finally, Zacks Research raised shares of Middleby from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Monday, October 27th. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock  has a consensus rating of &#34;Hold&#34; and a consensus price target of $161.14.</p><p><b>Read Our Latest Research Report on MIDD</b></p><h2>Institutional Inflows and Outflows</h2><p>Several institutional investors have recently modified their holdings of MIDD. Price T Rowe Associates Inc. MD grew its position in shares of  Middleby by 59.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,029,484 shares of the industrial products company's stock valued at $460,422,000 after buying an additional 1,133,931 shares during the last quarter.  Invesco Ltd. raised its position in shares of  Middleby by 1,046.4% during the third quarter. Invesco Ltd. now owns 1,018,536 shares of the industrial products company's stock worth $135,394,000 after acquiring an additional 929,688 shares during the last quarter.  SG Capital Management LLC acquired a new position in shares of  Middleby in the third quarter worth approximately $55,260,000.  Marshall Wace LLP boosted its holdings in  Middleby by 260.0% in the third quarter. Marshall Wace LLP now owns 419,936 shares of the industrial products company's stock valued at $55,822,000 after acquiring an additional 303,293 shares during the last quarter.  Finally, Nuveen LLC bought a new stake in  Middleby in the first quarter valued at approximately $29,733,000. 98.55% of the stock is currently owned by institutional investors and hedge funds. </p><h2>About Middleby</h2> (Get Free Report)<p>The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Middleby</li><li>What Are Dividends? 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Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Middleby Right Now?</h2><p>Before you consider Middleby, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Middleby wasn't on the list.</p><p>While Middleby currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MIDD

<p>Middleby Corporation Director Robert Nerbonne purchased 780 shares at $128.52 each, totaling $100,245.60, increasing his position by 3.77%. Post-acquisition, he owns 21,471 shares valued at $2,759,452.92. The purchase was disclosed in an SEC filing. Middleby stock traded at $129.00, with a market cap of $6.50 billion. Analysts have mixed ratings, with a consensus "Hold" and a price target of $161.14. Institutional investors have modified their holdings significantly.</p>

Insider Buying: Middleby (NASDAQ:MIDD) Director Buys 780 Shares of Stock