Mohawk Industries, Inc. (MHK) Insider Sells Over 1,000 Shares

Mohawk Industries, Inc. (NYSE:MHK), saw an insider lower his position in the company through a transaction that began yesterday and was officially filed today, August 12th. Chief Financial Officer Frank H. Boykin sold 1,025 shares at an average price of $135 per share, and now holds 30,005 shares directly and 155 shares indirectly in this $9.7 billion market cap company.
In addition, there are multiple outside investors with the company. Andreas Halvorsen‘s Viking Global fund reported a 286% increase in its activity last quarter, now holding 2,512,888 shares with a market value of about $341.7 million; while Select Equity Group, the hedge fund controlled by Robert Joseph Caruso, saw a 6% spike in its involvement last quarter, and now has a total of 2,423,103 shares worth approximately $329.5 million invested in Mohawk Industries, Inc. (NYSE:MHK), a company that serves as a producer of floor covering products for residential and commercial applications in the United States and residential applications in Europe.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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