Midera Food Processing MFP
+31.0%vs Day 1Spinoff of Middleby (MIDD) · Classic Spinoff · Spun Jul 7, 2026
Niche food-processing leader; margins came in ~18% (vs prior 26% thesis). A +31.0% re-rating in the first three weeks of trading has closed the entry window — grade held, rating moved to HOLD
Current Stats
Post-Spinoff Performance
| Timeline | |
| Spinoff date | July 7, 2026 · Nasdaq |
| Days since spinoff | 83 days |
| Structure | Classic Spinoff |
| §355(e) window closes statutory; a tax matters agreement may bar more, and for longer | July 7, 2028 |
| Parent | Middleby (MIDD) |
| Day-1 reaction | |
| Day 1 open | $35.50 |
| Day 1 return (open→close) | +3.1% |
| Day 1 price (close) | $36.60 |
| Day 1 range | $34.65 – $40.04 +15.6% spread |
| Day 1 low held? | Never breached day 1 was the bottom |
| Price levels | |
| Post-spin low (closing) | $36.60 on Jul 7, 2026 · 0 days post-spin |
| Current price (Sep 25, 2026) | $42.69 |
| Returns | |
| Return vs Day 1 (close) | +16.6% |
| — range by day 1 entry theoretical bounds | +6.6% to +23.2% |
| Return vs post-spin low | +16.6% |
| Versus benchmarks | |
| S&P 500 over same window | +3.4% |
| Shares & ownership | |
| Shares outstanding Mar 31, 2026 | 45,214,588 |
| Diluted average shares the EPS denominator | 45,215 |
| Free float | 41,833,893 92% of shares outstanding |
| Held by institutions | 45% insiders 0.4% |
| Volume & liquidity | |
| Traded per day 20-session median | $18M |
| Normal volume baseline | 539,600 shares · now 0.76x |
| Day 1 volume | 15.4x normal · first week 5.8x |
| Decay | half in 2 sessions · normal by 20 |
Computed from split-adjusted closing prices. Returns are total return — (end price + dividends received − start price) ÷ start price — with no reinvestment assumed.
Price History
Closing price, split-adjusted, with volume below. No dividends have been paid, so price return and total return are the same. Source: Yahoo Finance. Data through Sep 26, 2026.
Raw daily price & volume data
| Date | Open | High | Low | Close | Volume | Float | Turnover | Market cap | Dividend | Split |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-09-25 | $43.40 | $44.24 | $42.62 | $42.69 | 326,400 | 41,833,893 | 0.72% | $1.93B | — | — |
| 2026-09-24 | $44.45 | $44.64 | $42.81 | $42.98 | 415,500 | 41,833,893 | 0.92% | $1.94B | — | — |
| 2026-09-23 | $44.56 | $45.26 | $44.08 | $44.80 | 329,000 | 41,833,893 | 0.73% | $2.03B | — | — |
| 2026-09-22 | $45.36 | $45.36 | $44.01 | $44.74 | 452,200 | 41,833,893 | 1.00% | $2.02B | — | — |
| 2026-09-21 | $42.45 | $45.14 | $42.22 | $45.12 | 373,400 | 41,833,893 | 0.83% | $2.04B | — | — |
| 2026-09-18 | $45.32 | $45.32 | $41.96 | $42.34 | 1,690,900 | 41,833,893 | 3.74% | $1.91B | — | — |
| 2026-09-17 | $45.38 | $45.69 | $44.39 | $44.99 | 415,000 | 41,833,893 | 0.92% | $2.03B | — | — |
| 2026-09-16 | $43.47 | $46.15 | $43.47 | $44.27 | 1,023,200 | 41,833,893 | 2.26% | $2.00B | — | — |
| 2026-09-15 | $41.60 | $43.95 | $40.84 | $43.58 | 645,300 | 41,833,893 | 1.43% | $1.97B | — | — |
| 2026-09-14 | $40.77 | $42.84 | $40.28 | $41.51 | 477,000 | 41,833,893 | 1.05% | $1.88B | — | — |
| 2026-09-11 | $41.86 | $42.76 | $40.93 | $41.61 | 315,300 | 41,833,893 | 0.70% | $1.88B | — | — |
| 2026-09-10 | $42.13 | $43.40 | $41.20 | $41.57 | 292,000 | 41,833,893 | 0.65% | $1.88B | — | — |
| 2026-09-09 | $42.64 | $43.89 | $42.10 | $42.75 | 291,500 | 41,833,893 | 0.64% | $1.93B | — | — |
| 2026-09-08 | $44.96 | $45.19 | $42.83 | $42.91 | 306,800 | 41,833,893 | 0.68% | $1.94B | — | — |
| 2026-09-04 | $44.04 | $45.88 | $44.04 | $45.21 | 253,600 | 41,833,893 | 0.56% | $2.04B | — | — |
| 2026-09-03 | $45.28 | $46.17 | $43.20 | $44.01 | 509,100 | 41,833,893 | 1.13% | $1.99B | — | — |
| 2026-09-02 | $44.16 | $45.36 | $43.12 | $45.04 | 405,500 | 41,833,893 | 0.90% | $2.04B | — | — |
| 2026-09-01 | $46.63 | $47.95 | $44.07 | $44.20 | 345,100 | 41,833,893 | 0.76% | $2.00B | — | — |
| 2026-08-31 | $46.66 | $47.29 | $46.01 | $46.88 | 428,700 | 41,833,893 | 0.95% | $2.12B | — | — |
| 2026-08-28 | $48.65 | $49.92 | $46.11 | $46.77 | 529,800 | 41,833,893 | 1.17% | $2.11B | — | — |
| 2026-08-27 | $48.36 | $49.57 | $48.17 | $48.64 | 609,100 | 41,833,893 | 1.35% | $2.20B | — | — |
| 2026-08-26 | $50.12 | $52.58 | $47.73 | $48.44 | 509,200 | 41,833,893 | 1.13% | $2.19B | — | — |
| 2026-08-25 | $48.54 | $51.88 | $48.01 | $51.47 | 640,600 | 41,833,893 | 1.42% | $2.33B | — | — |
| 2026-08-24 | $50.65 | $51.34 | $48.19 | $48.75 | 422,700 | 41,833,893 | 0.93% | $2.20B | — | — |
| 2026-08-21 | $49.48 | $51.62 | $49.21 | $50.71 | 697,000 | 41,833,893 | 1.54% | $2.29B | — | — |
| 2026-08-20 | $46.73 | $49.05 | $45.08 | $48.95 | 1,386,600 | 41,833,893 | 3.07% | $2.21B | — | — |
| 2026-08-19 | $43.05 | $45.95 | $42.92 | $45.71 | 1,098,400 | 41,833,893 | 2.43% | $2.07B | — | — |
| 2026-08-18 | $44.50 | $45.25 | $42.85 | $42.91 | 549,400 | 41,833,893 | 1.22% | $1.94B | — | — |
| 2026-08-17 | $45.60 | $46.44 | $44.35 | $45.00 | 636,400 | 41,833,893 | 1.41% | $2.03B | — | — |
| 2026-08-14 | $42.07 | $46.08 | $42.00 | $45.57 | 1,260,500 | 41,833,893 | 2.79% | $2.06B | — | — |
| 2026-08-13 | $44.04 | $45.16 | $42.50 | $43.08 | 743,300 | — | 1.64% | $1.95B | — | — |
| 2026-08-12 | $45.49 | $46.02 | $43.45 | $43.74 | 710,000 | — | 1.57% | $1.98B | — | — |
| 2026-08-11 | $44.90 | $45.95 | $44.15 | $44.95 | 766,700 | — | 1.70% | $2.03B | — | — |
| 2026-08-10 | $45.92 | $47.22 | $43.55 | $44.82 | 583,500 | — | 1.29% | $2.03B | — | — |
| 2026-08-07 | $48.35 | $48.60 | $45.78 | $45.92 | 638,000 | — | 1.41% | $2.08B | — | — |
| 2026-08-06 | $46.66 | $48.50 | $45.38 | $46.71 | 900,900 | — | 1.99% | $2.11B | — | — |
| 2026-08-05 | $46.91 | $48.39 | $45.85 | $46.67 | 695,200 | — | 1.54% | $2.11B | — | — |
| 2026-08-04 | $47.50 | $48.03 | $44.08 | $47.29 | 689,300 | — | 1.52% | $2.14B | — | — |
| 2026-08-03 | $47.53 | $48.86 | $46.75 | $47.29 | 495,100 | — | 1.10% | $2.14B | — | — |
| 2026-07-31 | $48.45 | $49.86 | $47.09 | $47.95 | 918,200 | — | 2.03% | $2.17B | — | — |
| 2026-07-30 | $47.26 | $48.66 | $45.50 | $48.14 | 1,162,000 | — | 2.57% | $2.18B | — | — |
| 2026-07-29 | $46.98 | $47.91 | $44.86 | $46.61 | 788,400 | — | 1.74% | $2.11B | — | — |
| 2026-07-28 | $48.00 | $48.00 | $45.06 | $46.58 | 1,237,900 | — | 2.74% | $2.11B | — | — |
| 2026-07-27 | $46.86 | $48.50 | $46.09 | $47.75 | 754,200 | — | 1.67% | $2.16B | — | — |
| 2026-07-24 | $46.73 | $48.86 | $46.05 | $47.20 | 1,230,000 | — | 2.72% | $2.13B | — | — |
| 2026-07-23 | $45.19 | $47.78 | $44.16 | $47.75 | 995,100 | — | 2.20% | $2.16B | — | — |
| 2026-07-22 | $46.00 | $47.33 | $43.22 | $44.68 | 1,065,000 | — | 2.36% | $2.02B | — | — |
| 2026-07-21 | $44.02 | $46.68 | $43.61 | $45.84 | 1,087,200 | — | 2.40% | $2.07B | — | — |
| 2026-07-20 | $42.00 | $44.18 | $41.12 | $43.42 | 846,700 | — | 1.87% | $1.96B | — | — |
| 2026-07-17 | $44.11 | $45.02 | $40.47 | $41.87 | 1,109,100 | — | 2.45% | $1.89B | — | — |
| 2026-07-16 | $43.89 | $45.47 | $43.02 | $44.68 | 893,500 | — | 1.98% | $2.02B | — | — |
| 2026-07-15 | $43.43 | $44.81 | $43.08 | $43.47 | 1,042,500 | — | 2.31% | $1.97B | — | — |
| 2026-07-14 | $42.83 | $44.10 | $42.20 | $43.50 | 1,481,000 | — | 3.28% | $1.97B | — | — |
| 2026-07-13 | $40.61 | $44.40 | $40.00 | $42.60 | 1,363,900 | — | 3.02% | $1.93B | — | — |
| 2026-07-10 | $44.75 | $45.18 | $40.90 | $41.44 | 1,914,500 | — | 4.23% | $1.87B | — | — |
| 2026-07-09 | $39.47 | $45.02 | $38.20 | $44.00 | 2,138,800 | — | 4.73% | $1.99B | — | — |
| 2026-07-08 | $36.49 | $39.59 | $36.06 | $39.00 | 1,977,400 | — | 4.37% | $1.76B | — | — |
| 2026-07-07 | $35.50 | $40.04 | $34.65 | $36.60 | 8,306,000 | — | 18.37% | $1.65B | — | — |
Close is split-adjusted to current shares. It is not dividend-adjusted: dividends are listed separately, so total return is (end price + dividends received − start price) ÷ start price, checkable by hand. Volume is as-traded.
Post Spin Analysis
Compiled from tracked data as of the July 31, 2026 close.
The move
Midera Food Processing separated from Middleby (MIDD) on July 7, 2026 as a classic spinoff, listing on Nasdaq. It closed its first regular-way session at $36.60 and set a post-spin low of $36.60 on Jul 7, 2026, 0 days after the spin. It last traded at $47.95 (Jul 31, 2026), +31.0% against the Day-1 close and +31.0% off the low.
The trough landed inside the first month and the shares have recovered since — the forced-selling pattern this site tracks, where index and mandate-constrained holders sell a newly distributed stock before dedicated buyers arrive. The recovery has carried it back above its first close.
What we graded it
Carried across 3 reports from May 2026 to July 2026. The grade held at B+ throughout. Current rating: HOLD.
⚠ Auto-generated profile — not editorially reviewed.
This summary is compiled automatically from our tracked report data. A reviewed in-depth profile is planned. For further detail ▸ read the Jul 31, 2026 report.