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MGP Ingredients ( (MGPI) ) has issued an update.
Members of the Board of Directors at MGP Ingredients, Inc., including Donn Lux, Karen Seaberg, and Lori Mingus, are planning to sell shares of the company’s common stock. These sales, which are part of their long-term financial and estate planning, do not indicate any lack of confidence in the company’s strategic vision or growth prospects, as the directors maintain significant equity stakes.
More about MGP Ingredients
YTD Price Performance: -13.20%
Average Trading Volume: 414,076
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $723.4M
See more insights into MGPI stock on TipRanks’ Stock Analysis page.