Insider Activity Alert: Griffon's Mehmel Sells Over 3,000 Shares
Robert F. Mehmel, President and COO of Griffon, sold 3,240 shares on August 11, 2026, at a weighted average price of $107.16 per share, reducing his total position by 0.44%. Despite the sale, Mehmel maintains a substantial stake of approximately 727,000 shares, suggesting confidence in the company. Griffon recently missed revenue estimates but beat earnings expectations, with analysts maintaining a median one-year price target of $125.
Read original at the-motley-fool