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Rep. April McClain Delaney Sells Off Shares of Midera Food Processing (NASDAQ:MFP)

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Key Points

  • Rep. April McClain Delaney sold $15,001–$50,000 of Midera Food Processing shares on August 3, according to a filing disclosed September 9. She also reported selling stakes in several other companies on August 25, including Wabtec, Viking, Trimble and TransDigm.
  • Midera Food Processing shares opened at $41.57, compared with a 12-month range of $33.00 to $52.58; the stock’s 50-day moving average was $45.48.
  • Analyst sentiment is broadly neutral, with an average “Hold” rating and a consensus price target of $45.00. Separately, director Robert Nerbonne bought 10,900 shares for approximately $491,045, increasing his ownership by 50.77%.
  • Interested in Midera Food Processing? Here are five stocks we like better.

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Midera Food Processing NASDAQ: MFP. In a filing disclosed on September 09th, the Representative disclosed that they had sold between $15,001 and $50,000 in Midera Food Processing stock on August 3rd.

Representative April McClain Delaney also recently made the following trade(s):

  • Sold $100,001 - $250,000 in shares of Wabtec NYSE: WAB on 8/25/2026.
  • Sold $100,001 - $250,000 in shares of Viking NYSE: VIK on 8/25/2026.
  • Sold $100,001 - $250,000 in shares of Trimble NASDAQ: TRMB on 8/25/2026.
  • Sold $100,001 - $250,000 in shares of Transdigm Group NYSE: TDG on 8/25/2026.
  • Sold $15,001 - $50,000 in shares of Tractor Supply NASDAQ: TSCO on 8/25/2026.
  • Sold $15,001 - $50,000 in shares of Middleby NASDAQ: MIDD on 8/25/2026.
  • Sold $15,001 - $50,000 in shares of Teledyne Technologies NYSE: TDY on 8/25/2026.
  • Sold $100,001 - $250,000 in shares of STERIS NYSE: STE on 8/25/2026.
  • Sold $100,001 - $250,000 in shares of Somnigroup International NYSE: SGI on 8/25/2026.
  • Sold $100,001 - $250,000 in shares of Signet Jewelers NYSE: SIG on 8/25/2026.

Midera Food Processing Price Performance

Shares of NASDAQ:MFP opened at $41.57 on Friday. The company has a current ratio of 1.84, a quick ratio of 1.15 and a debt-to-equity ratio of 0.32. Midera Food Processing has a 12 month low of $33.00 and a 12 month high of $52.58. The business's 50 day moving average price is $45.48.

Insider Transactions at Midera Food Processing

In other news, Director Robert Nerbonne bought 10,900 shares of the business's stock in a transaction on Monday, August 17th. The shares were bought at an average cost of $45.05 per share, with a total value of $491,045.00. Following the purchase, the director directly owned 32,371 shares in the company, valued at $1,458,313.55. This trade represents a 50.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on MFP. Wall Street Zen upgraded Midera Food Processing to a "hold" rating in a report on Saturday, August 1st. Zacks Research upgraded shares of Midera Food Processing to a "hold" rating in a research report on Thursday, July 16th. Oppenheimer started coverage on shares of Midera Food Processing in a research note on Wednesday, July 15th. They issued an "outperform" rating and a $50.00 price objective on the stock. Robert W. Baird initiated coverage on shares of Midera Food Processing in a research note on Wednesday, July 8th. They set a "neutral" rating and a $40.00 target price for the company. Finally, KeyCorp initiated coverage on shares of Midera Food Processing in a report on Tuesday, August 25th. They set a "sector weight" rating for the company. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $45.00.

Read Our Latest Stock Analysis on Midera Food Processing

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Midera Food Processing Company Profile

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Midera Food Processing Inc provides food processing solutions. The Company specializes in the processing of raw material preparation and production and product packaging for retail and food service applications. Midera Food Processing Inc, formerly known as MINERA FOOD PRC, is based in Rosemont, Illinois.

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