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 30th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” 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 Up 3.4%
Shares of MGPI opened at $22.59 on Wednesday. The firm has a market cap of $481.03 million, a P/E ratio of -33.72 and a beta of 0.39. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.79 and a current ratio of 2.78. MGP Ingredients, Inc. has a 52 week low of $21.67 and a 52 week high of $47.25. The firm’s 50-day simple moving average is $24.61 and its 200 day simple moving average is $28.06.
MGP Ingredients Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, November 14th. MGP Ingredients’s payout ratio is currently -71.64%.
Insiders Place Their Bets
In other MGP Ingredients news, major shareholder Caroline Lux Kaplan sold 30,000 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $23.85, for a total value of $715,500.00. Following the sale, the insider owned 560,958 shares of the company’s stock, valued at approximately $13,378,848.30. This trade represents a 5.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 34.40% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of MGPI. Deutsche Bank AG increased its holdings in MGP Ingredients by 1,564.2% in the 1st quarter. Deutsche Bank AG now owns 214,060 shares of the company’s stock valued at $6,289,000 after buying an additional 201,197 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of MGP Ingredients by 28.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 168,534 shares of the company’s stock worth $4,952,000 after acquiring an additional 36,951 shares during the period. Rhumbline Advisers boosted its position in shares of MGP Ingredients by 24.9% during the 1st quarter. Rhumbline Advisers now owns 51,780 shares of the company’s stock worth $1,521,000 after acquiring an additional 10,316 shares in the last quarter. Blair William & Co. IL bought a new position in MGP Ingredients in the first quarter valued at approximately $332,000. Finally, Counterpoint Mutual Funds LLC acquired a new position in MGP Ingredients during the second quarter valued at approximately $405,000. Institutional investors own 77.11% of the company’s stock.
Wall Street Analysts Forecast Growth
MGPI has been the subject of several recent research reports. TD Cowen reduced their price target 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. Weiss Ratings reissued a “sell (d)” rating on shares of MGP Ingredients in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company decreased their price target on shares of 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 equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, MGP Ingredients currently has a consensus rating of “Moderate Buy” and a consensus price target of $40.00.
Read Our Latest Analysis on MGPI
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.
About MGP Ingredients
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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