Brian Healy, Board Member at Mueller Water Products (NYSE:MWA), reported an insider buy on May 16, according to a new SEC filing.
What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Healy purchased 2,650 shares of Mueller Water Products, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $50,817.
The latest update on Friday morning shows Mueller Water Products shares down by 0.0%, trading at $19.17.
Unveiling the Story Behind Mueller Water Products
Mueller Water Products, Inc. is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. Water Flow Solutions' portfolio includes iron gate valves, specialty valves and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. The company derives a majority of its revenue from the United states.
Breaking Down Mueller Water Products's Financial Performance
Revenue Growth: Mueller Water Products's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth ...