Insider Buying: Anthony P. Foglio Buys 5,000 Shares of MGP Ingredients Stock (MGPI)
MGP Ingredients (NASDAQ:MGPI) Director Anthony P. Foglio acquired 5,000 shares of MGP Ingredients stock on the open market in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average cost of $9.71 per share, for a total transaction of $48,550.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
MGP Ingredients (NASDAQ:MGPI) traded up 4.15% on Friday, hitting $9.79. 60,268 shares of the company’s stock traded hands. MGP Ingredients has a one year low of $4.30 and a one year high of $10.20. The stock’s 50-day moving average is $8.10 and its 200-day moving average is $6.73. The company has a market cap of $172.6 million and a P/E ratio of 57.32.
MGP Ingredients, Inc is a holding company operates through its subsidiaries MGPI Processing, Inc (NASDAQ:MGPI) and MGPI of Indiana, LLC.
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