New insider activity at Mohawk ( (MHK) ) has taken place on August 20, 2025.
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In recent transactions involving Mohawk stock, VP of Business Strategy Rodney David Patton sold 700 shares, amounting to $89,635. Meanwhile, Director Bernard Thiers made a significant move by selling 10,000 shares, totaling $1,282,100.
Recent Updates on MHK stock
Mohawk Industries, Inc. recently held its Q2 earnings call, revealing a company navigating challenging market conditions with flat sales but buoyed by operational improvements and strong free cash flow. The company generated approximately $125 million in free cash flow and repurchased 393,000 shares for $42 million, with a new authorization to acquire $500 million of its stock, indicating confidence in its financial health. Operational improvements, including productivity gains and restructuring actions, are expected to save $100 million annually by 2025. The commercial segment outperformed the residential sector, driven by strong order backlogs in education and hospitality. Despite facing pricing pressures and higher input costs, Mohawk’s restructuring efforts are on track, delivering expected savings by closing high-cost operations and streamlining processes. A favorable foreign exchange impact of $15 million also contributed positively. The company anticipates continued input cost pressures but remains focused on operational improvements and cost containment to drive future growth, projecting Q3 2025 EPS between $2.56 and $2.66.
Spark’s Take on MHK Stock
According to Spark, TipRanks’ AI Analyst, MHK is a Outperform.
Mohawk’s overall score reflects stable financial performance and positive technical indicators, offset by challenges in revenue growth and market pressures. The share buyback program and operational improvements provide some optimism, but valuation concerns and flat sales temper the outlook.
To see Spark’s full report on MHK stock, click here.
More about Mohawk
YTD Price Performance: 10.24%
Average Trading Volume: 847,617
Technical Sentiment Signal: Buy
Current Market Cap: $7.9B