Middleby Corp – (MIDD, +1, May 26th)
Nassem Ziyad (Director since 2017) purchased $276,000 worth of stock on May 24th at $135.83, increasing his holdings by 23% to 10,845 shares. This is Ziyad’s largest purchase and two years after a timely buy in March 2020 at $73. We ranked this stock +N on May 17th based on purchases from Timothy Fitzgerald (CEO, spent $992,000) and Robert Nerbonne (Director, spent $202,000), both of which were also timely buyers in 2020.
With Ziyad joining the pattern, we are upgrading the stock further, from +N to +1.