Two Fascinating Purchases at Middleby Corporation – Insider Weekends

Middleby Corp (MIDD): $151.49

Market Cap: $8.10B

Enterprise Value: $9.76B

Key Insights:

Middleby Corp stands out for significant insider buying, notably a $73M purchase by Director Edward Garden, the former CIO and founder of Trian Partners.
The upcoming spinoff of the Food Processing segment and recent tuck-in acquisitions position Middleby for strategic growth and operational focus.
Despite a recent sales decline, Middleby is improving operational efficiency, boosting buybacks, and maintaining strong margins, suggesting potential for upside.

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