Michele Lux

Michele Lux is a declared insider of MGP Ingredients Inc, with filings sourced from SEC (Form 4). The record holds 7 filings, for trades running from 1 December 2021 to 27 May 2022.

Every open-market trade on record is a purchase: 6 purchases worth €1.1M, and no sale. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Besides market trades, the filings include 1 share grant. 2022 to date brings 2 purchases and no sales.

The median purchase comes to €176k. Clusters matter here: 6 out of 6 purchases overlapped with buying by a colleague within 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. Looking at 4 purchases old enough to measure, the stock rose over the following 90 days in 25% of cases; the median change was -5.7%. This is a record of the past, not a forecast.

On 31 May 2022 came the latest disclosure, a share grant for €79k in MGP Ingredients Inc. The last purchase on record was published on 16 March 2022, which is 1,699 days ago. Typically, a trade is published a median of 2 days after it takes place. The legal deadline for a Form 4 is two business days after the transaction. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.