Jagadeesh Reddy Sells Shares of MEC $MEC

Key Points

  • Jagadeesh Reddy sold 15,688 shares of Mayville Engineering Company, Inc. ($MEC) worth $549,864.40.
  • $MEC last traded around $35.48.

Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.

Jagadeesh Reddy, President & CEO at Mayville Engineering Company, Inc. ($MEC), sold 15,688 shares at an average price of $35.05, for a total transaction of $549,864.40. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mayville Engineering Company, Inc. Stock Up 83.6%

Shares of Mayville Engineering Company, Inc. ($MEC) traded around $35.48 on Saturday, up 83.6% for the day.

Last price$35.48
Market cap$493.69M
Forward P/E19.04
Beta1.29
52-week low$12.25
52-week high$38.76
50-day MA$28.66
200-day MA$22.92
Current ratio1.70
Quick ratio0.89
Debt-to-equity0.51

Mayville Engineering Company, Inc. Earnings

EPS (ttm)-$0.83
Revenue (ttm)$586.34M
Revenue growth23.20%
Net margin-2.95%
Return on equity-6.05%
Next earningsNov 3, 2026

Analysts Set New Price Targets

Average target$36.80
High target$40
Low target$34
Analysts covering5

About Mayville Engineering Company, Inc.

Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. It supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, data center and critical power, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.

ExchangeNYSE
SectorIndustrials
IndustryMetal Fabrication
HeadquartersMilwaukee, WI
CEOMr. Jagadeesh A. Reddy
Employees2,400

Get Mayville Engineering Company, Inc. alerts

New 13F filings, insider trades, and analyst moves on $MEC, sent to your inbox. Free, and you can unsubscribe anytime.

This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.