Tidal Investments LLC Acquires 9,558 Shares of Mohawk Industries, Inc. $MHK
MarketBeat
Tidal Investments LLC increased its stake in Mohawk Industries (NYSE:MHK) by 18.3%, acquiring an additional 9,558 shares to hold a total of 61,723 shares valued at approximately $7.5 million. This comes as Mohawk Industries reported strong quarterly earnings, beating analyst expectations with an EPS of $3.67 and revenue of $2.99 billion. Despite mixed analyst sentiment and recent insider selling, institutional investors collectively own 78.98% of the company's stock.
Read the full story
This is a short summary. The complete article is published by MarketBeat.
Headline and summary aggregated from public news feeds. For information only — not financial advice.