Mayville Engineering Company, INC

Market Movers (8-K)

NYSE
Mayville Engineering Company (MEC) has priced an underwritten public offering of 4,348,000 shares of common stock at $20 per share, raising approximately $86.9 million.
Capital raise
NYSE
Mayville Engineering Company reported a 6.8% increase in net sales for Q1 2026, reaching $144.8 million, but incurred a net loss of $8.2 million.
Worse than expected
NYSE
Mayville Engineering Company shareholders re-elected directors, ratified auditors, and approved executive compensation at the 2026 annual meeting.
NYSE
Mayville Engineering Company, Inc. has amended its credit agreement, reducing its senior secured revolver by $75 million to $275 million and adjusting financial covenants.
Capital raise
Worse than expected
NYSE
Mayville Engineering Company reports mixed third-quarter 2025 results, with net sales up due to the Accu-Fab acquisition, but a GAAP net loss and lower organic sales in legacy markets.
NYSE
Mayville Engineering Company, Inc. (MEC) completed its $141.2 million acquisition of Accu-Fab, LLC, providing pro forma financial statements that show a Q1 2025 net loss for the combined entity.
Capital raise
Worse than expected

Quarterly Earnings (10-Q)

NYSE
Mayville Engineering Company, Inc. reported a net loss for the third quarter and first nine months of 2025, primarily impacted by the Accu-Fab acquisition and restructuring costs, despite a slight increase in Q3 net sales.
Capital raise
Worse than expected
NYSE
Mayville Engineering Company, Inc. reported a net loss of $1.1 million in Q2 2025, driven by a 19.1% drop in net sales due to lower customer demand and inventory de-stocking.
Worse than expected
Capital raise
NYSE
Mayville Engineering Company's Q1 2025 results reveal a significant decline in net sales and profitability due to lower customer demand and macroeconomic challenges.
Worse than expected
NYSE
Mayville Engineering Company (MEC) experienced a decrease in net sales during the third quarter of 2024 due to reduced demand and customer destocking, while also seeing improvements in manufacturing margins.
Worse than expected
NYSE
Mayville Engineering Company (MEC) announced a significant increase in net sales and profitability for the second quarter of 2024, driven by the acquisition of Mid-States Aluminum and organic growth in key markets.
Better than expected
NYSE
Mayville Engineering Company (MEC) saw a significant increase in net sales and profitability in the first quarter of 2024, driven by the acquisition of Mid-States Aluminum and organic growth in key markets.
Better than expected

Annual Reports (10-K)

NYSE
Mayville Engineering Company, Inc. (MEC) reported a net loss of $8.1 million for fiscal year 2025, a significant decline from the prior year, driven by reduced customer demand and acquisition-related costs, despite strategic expansion into the data center market.
Worse than expected
Capital raise
NYSE
Mayville Engineering Company (MEC) reports its fiscal year 2024 results, highlighting a decrease in net sales due to softening market demand, offset by gains from strategic initiatives and an acquisition.
Worse than expected
Delay expected
NYSE
Mayville Engineering Company's 2023 annual report reveals a mixed financial performance with increased sales offset by higher expenses and debt.
Worse than expected

Insider Trading (Form 4)

NYSE
Mayville Engineering Company CEO Jagadeesh A. Reddy sold 15,688 shares of common stock under a pre-arranged 10b5-1 trading plan.
NYSE
Jagadeesh A. Reddy, President & CEO of Mayville Engineering Company, Inc. (MEC), reported the sale of 1,300 common shares for $35.00 per share, executed under a pre-arranged Rule 10b5-1 trading plan.
NYSE
Mayville Engineering Company, Inc. reports an amendment to a prior Form 4 filing, clarifying share sale details and beneficial ownership following a Rule 10b5-1 plan transaction.
NYSE
Mayville Engineering Company CEO Jagadeesh A. Reddy sold 17,942 shares of common stock via a pre-arranged 10b5-1 trading plan.
NYSE
Mayville Engineering Company EVP Ryan F. Raber sold 20,000 shares of common stock at a price of $26.00 per share.
NYSE
Craig D. Nichols, SVP of Operations & Supply Chain at Mayville Engineering Company, Inc. (MEC), reported a transaction involving the purchase of 4,000 shares of common stock.

Proxy Statements (Def-14A)

NYSE
Mayville Engineering Company (MEC) is holding its annual shareholder meeting on April 22, 2025, to vote on director elections, executive compensation, auditor ratification, and the frequency of future executive compensation votes.
Worse than expected
NYSE
Mayville Engineering Company (MEC) will hold its annual shareholder meeting virtually on April 16, 2024, to elect directors and ratify the appointment of its independent accounting firm.

Schedule 13G - Passive Investments

NYSE
Allspring Global Investments Holdings, LLC has increased its beneficial ownership of Mayville Engineering Co Inc common stock to 4.2%, acquiring 1,072,916 shares.
NYSE
Portolan Capital Management and George McCabe have filed a Schedule 13G reporting a 5.92% beneficial ownership stake in Mayville Engineering Company, Inc.
NYSE
Hilve Holdings Ltd and Mikhail Stiskin have reduced their beneficial ownership in Mayville Engineering Company, Inc. to 4.9% of outstanding common stock.
Worse than expected
NYSE
Allspring Global Investments Holdings, LLC has reported a 10.1% beneficial ownership stake in Mayville Engineering Co Inc, holding over 2 million shares.
NYSE
Hilve Holdings Ltd and Mikhail Stiskin have reported a passive 5.3% beneficial ownership stake in Mayville Engineering Company, Inc. through a Schedule 13G filing.
NYSE
Allspring Global Investments Holdings, LLC has filed an amended Schedule 13G, reporting a passive beneficial ownership of 11.8% in Mayville Engineering Co Inc as of December 31, 2024.