Griffon (GFF) COO Robert Mehmel Sells $756K of Stock

Griffon President Continues Stock Sales

Griffon Corporation (NYSE: GFF) President and Chief Operating Officer Robert Mehmel sold 7,873 shares of company stock on June 25, 2026. The transaction took place at an average price of $96.02 per share, bringing the total value of the sale to approximately $755,991.44. The trade was carried out under a pre-arranged Rule 10b5-1 trading plan.

This sale follows a series of transactions by Mehmel and other executives at the New York-based firm throughout June. Earlier, Mehmel sold 4,726 shares on June 24, 2026, for about $451,154.83. He also unloaded 3,018 shares on June 16, 2026, and 3,272 shares on June 15, 2026. Other top leaders have also parted with shares recently, including CEO Ronald Kramer selling 100,000 shares for $9.49 million on June 12, 2026, and CFO Brian Harris selling 7,500 shares on June 11, 2026.

Stock Performance and Moving Averages

The company's shares trade around $96.42, hovering close to the 50-day moving average line of $96.40. The equity has staged a broad climb over the past year, trading well above its 200-day moving average of $86.62. Investors have watched the shares move inside a 52-week window spanning from a low of $65.01 up to a high of $108.57.

Analysts Set New Price Targets

Wall Street firms continue to update their outlooks for the industrial manufacturer. On August 6, 2026, Stephens & Co. maintained its Overweight rating on the stock while bumping its price target up to $120.00 from $115.00. Across the broader analyst community, the consensus target sits at $125.57, drawing from a pool of seven expert opinions covering the company.

What Griffon Corporation Does

Griffon Corporation operates in the industrial sector, manufacturing and selling home, building, consumer, and professional products. Its offerings include garage doors, garage door openers, long-handled garden tools, wheelbarrows, pruning shears, and various home organization items like shelving units and storage cabinets. The company sells its goods to hardware retailers, independent dealers, home centers, and e-commerce platforms across North America and international markets.

Looking Ahead at Financial Updates

Market participants look toward the company's next earnings report, scheduled for November 18, 2026, to gauge ongoing revenue and profit trends. Insider sales of this nature are often part of personal wealth management or pre-set trading programs rather than signals of near-term business shifts.