The Middleby Corporation (MIDD): Bares Capital Likes This Stock

We just covered the 10 Best Small-Cap Value Stocks to Buy According to Bares Capital and The Middleby Corporation (NASDAQ:MIDD) ranks 10th on this list.

The Middleby Corporation (NASDAQ:MIDD) is a long-term holding in the 13F portfolio of Bares Capital. The fund first disclosed a stake in the company back in the fourth quarter of 2010. This position comprised just a little over 21,000 shares. By early 2012, the fund had grown this to over 350,000 shares before selling the stake off completely. A new position in the stock was then opened in the third quarter of 2012. This comprised just under 400,000 shares. The fund held onto this stake, growing it slightly, till the end of 2014 before selling it off. Another position was opened in 2018 and closed in 2021. The latest position in the firm was disclosed in the second quarter of 2025. Filings for the third quarter of 2025 show that the fund owned over 54,000 shares in the firm, the same as in the previous quarter.

13 Hot Stocks to Buy with the Highest Upside Potential

Photo by Arturo Añez on Unsplash

The Middleby Corporation (NASDAQ:MIDD) is attracting interest from elite investors ahead of a planned business separation scheduled for completion soon. The firm is splitting into two independent, publicly traded entities: one focused on Commercial Foodservice and the other on Food Processing. Hedge funds view this as a way to unlock value by eliminating the conglomerate discount. Earlier this year, Middleby completed the sale of a 51% stake in its Residential Kitchen business to 26North for approximately $565 million in cash. This divestiture effectively removed the most volatile segment from the portfolio. The proceeds are being used to fuel one of the most aggressive capital return programs in the industry.

While we acknowledge the risk and potential of MIDD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MIDD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 14 Best Defensive Stocks to Invest In Now and 14 Best Low Risk High Growth Stocks to Buy Right Now.

Disclosure: None. Follow Insider Monkey on Google News.