Representative Lisa C. McClain (R-Michigan) recently sold shares of MGP Ingredients, Inc. (NASDAQ:MGPI). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in MGP Ingredients stock on October 31st. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.
MGP Ingredients Stock Performance
NASDAQ MGPI opened at $21.84 on Tuesday. The company has a fifty day moving average price of $24.72 and a 200-day moving average price of $28.13. The firm has a market cap of $465.06 million, a price-to-earnings ratio of -32.60 and a beta of 0.39. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.78 and a quick ratio of 0.79. MGP Ingredients, Inc. has a 1 year low of $21.67 and a 1 year high of $48.44.
MGP Ingredients Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, November 14th. MGP Ingredients’s dividend payout ratio is presently -71.64%.
Insiders Place Their Bets
In other news, major shareholder Caroline Lux Kaplan sold 30,000 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $23.85, for a total transaction of $715,500.00. Following the sale, the insider directly owned 560,958 shares in the company, valued at $13,378,848.30. This represents a 5.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 34.40% of the stock is owned by insiders.
Analysts Set New Price Targets
A number of analysts recently commented on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of MGP Ingredients in a research report on Wednesday, October 8th. TD Cowen reduced their price objective on MGP Ingredients from $30.00 to $27.00 and set a “hold” rating for the company in a research note on Thursday, October 30th. Finally, Wells Fargo & Company lowered their target price on MGP Ingredients from $38.00 to $33.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $40.00.
Check Out Our Latest Analysis on MGPI
Institutional Trading of MGP Ingredients
Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in MGP Ingredients by 8.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,222,672 shares of the company’s stock worth $29,576,000 after buying an additional 99,995 shares during the period. Federated Hermes Inc. boosted its holdings in shares of MGP Ingredients by 32.8% in the third quarter. Federated Hermes Inc. now owns 987,123 shares of the company’s stock worth $23,879,000 after acquiring an additional 243,909 shares during the period. Ariel Investments LLC grew its position in shares of MGP Ingredients by 14.9% in the second quarter. Ariel Investments LLC now owns 719,144 shares of the company’s stock valued at $21,553,000 after purchasing an additional 93,086 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of MGP Ingredients by 13.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 400,896 shares of the company’s stock valued at $12,015,000 after purchasing an additional 46,978 shares during the period. Finally, Millennium Management LLC lifted its holdings in MGP Ingredients by 116.6% during the 1st quarter. Millennium Management LLC now owns 359,813 shares of the company’s stock worth $10,571,000 after purchasing an additional 193,660 shares in the last quarter. Institutional investors own 77.11% of the company’s stock.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
MGP Ingredients Company Profile
MGP Ingredients, Inc, together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally. The company operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions.
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