From MarketBeat:

New York State Common Retirement Fund sold 12.1% of its shares in Mohawk Industries during the third quarter, owning approximately 0.49% of the company’s stock. Other investors, including Vanguard and BlackRock, increased their positions in the company. Several brokerages have issued ratings for MHK, with an average rating of “Hold” and a consensus target price of $106.67.

Insider transactions at Mohawk Industries include insider Suzanne L. Helen selling 5,500 shares of the company’s stock and CEO Jeffrey S. Lorberbaum selling 25,000 shares. 17.20% of the company’s stock is owned by insiders. The stock opened at $108.93 on Friday, with a 52-week low of $76.02 and high of $127.52.

Mohawk Industries, Inc. designs, manufactures, and distributes flooring products in the US, Europe, Russia, and internationally. The company operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World.

MarketBeat’s technology produced this news alert based on financial data, confirmed by the editorial team. While Mohawk Industries has a “Hold” rating, analysts have identified five other stocks as better buys. MarketBeat can also provide a list of thirteen stocks that institutional investors are buying.



Read more: New York State Common Retirement Fund Reduces Holdings in Mohawk Industries, Inc. (NYSE:MHK)