Jagadeesh Reddy Sells Shares of MEC $MEC

Key Points

  • Jagadeesh Reddy sold 15,688 shares of Mayville Engineering Company, Inc. ($MEC) worth $549,864.
  • $MEC last traded around $35.48.

Jagadeesh Reddy, President & CEO at Mayville Engineering Company, Inc. ($MEC), sold 15,688 shares at an average price of $35.05, for a total transaction of $549,864. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mayville Engineering Company, Inc. ($MEC) Stock

Last price$35.48
Market cap$904.53M
Forward P/E27.86
Beta1.29
52-week low$12.10
52-week high$36.50
50-day MA$24.99
200-day MA$19.14
Current ratio1.64
Quick ratio0.84
Debt-to-equity1.05

Mayville Engineering Company, Inc. Earnings

EPS (ttm)$-0.80
Revenue (ttm)$555.69M
Revenue growth6.8%
Net margin-2.9%
Return on equity-6.8%
Next earningsAug 4, 2026

Analysts Set New Price Targets

ConsensusStrong Buy
Average target$33.70
High target$39.50
Low target$30.00
Analysts covering5

About Mayville Engineering Company, Inc.

Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. It supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, data center and critical power, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.

ExchangeNYSE
SectorIndustrials
IndustryMetal Fabrication
HeadquartersMilwaukee, WI
CEOMr. Jagadeesh A. Reddy
Employees2,400

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.