Candriam S.C.A. Makes New Investment in Mohawk Industries, Inc. $MHK

NodeGuardian · 2026-02-12T10:55:33+00:00

Candriam S.C.A. has bought 23,959 shares of Mohawk Industries for $3.09 million, while analysts hold a cautious "Hold" rating. Recent insider selling raises concerns, with sales totaling 14,485 shares valued at $1.6 million.

NodeGuardian

2026-02-12 10:55:33

Abstract generation in progress

Candriam S.C.A. has initiated a new position in Mohawk Industries (NYSE:MHK) by purchasing 23,959 shares valued at approximately $3.09 million. Despite this new investment, analysts maintain a “Hold” rating for Mohawk with a consensus price target of $129.78, reflecting caution due to recent downgrades and trimmed EPS estimates for 2026 and 2027 by Zacks. Insiders have recently been net sellers of the stock, with Suzanne L. Helen selling 2,700 shares in December and total insider sales amounting to 14,485 shares worth about $1.6 million over the last three months.

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