Paradigm Capital Management Inc. NY Takes Position in MasterBrand, Inc. $MBC

Paradigm Capital Management Inc. NY bought a new position in MasterBrand, Inc. (NYSE:MBC) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 4,618,700 shares of the company’s stock, valued at approximately $47,526,000. MasterBrand accounts for 1.3% of Paradigm Capital Management Inc. NY’s investment portfolio, making the stock its 18th biggest position.

Several other large investors have also recently modified their holdings of the stock. Cullen Capital Management LLC bought a new stake in MasterBrand in the second quarter worth $669,000. Buckland Partners Management Co LLC purchased a new position in MasterBrand during the second quarter worth $144,000. Trust Co. of Vermont bought a new position in MasterBrand during the second quarter valued at $64,000. Versant Capital Management Inc increased its position in MasterBrand by 25.2% during the second quarter. Versant Capital Management Inc now owns 13,363 shares of the company’s stock valued at $138,000 after acquiring an additional 2,692 shares during the last quarter. Finally, Axiom Investment Management LLC purchased a new stake in shares of MasterBrand in the first quarter valued at $29,000. Institutional investors own 87.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MBC shares. DA Davidson set a $10.00 target price on shares of MasterBrand in a report on Monday. Weiss Ratings reiterated a “sell (d)” rating on shares of MasterBrand in a report on Monday, July 13th. Finally, Wall Street Zen upgraded shares of MasterBrand from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell” and an average target price of $10.00.

Insider Activity

In related news, EVP Kurt Wanninger sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $9.22, for a total value of $461,000.00. Following the transaction, the executive vice president owned 201,199 shares of the company’s stock, valued at $1,855,054.78. This trade represents a 19.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David D. Petratis acquired 11,587 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were bought at an average price of $8.82 per share, with a total value of $102,197.34. Following the acquisition, the director directly owned 69,915 shares in the company, valued at $616,650.30. This represents a 19.87% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 81,587 shares of company stock valued at $696,347. Insiders own 2.80% of the company’s stock.

MasterBrand Price Performance

Shares of MBC stock opened at $9.33 on Tuesday. MasterBrand, Inc. has a 52-week low of $6.61 and a 52-week high of $14.22. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.04 and a current ratio of 1.76. The firm has a market capitalization of $1.90 billion, a P/E ratio of -13.53 and a beta of 1.44. The stock has a 50 day moving average price of $9.05 and a 200 day moving average price of $9.09.

MasterBrand (NYSE:MBC) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.05). MasterBrand had a negative net margin of 3.49% and a positive return on equity of 3.65%. The business had revenue of $815.20 million during the quarter, compared to the consensus estimate of $743.05 million. During the same period last year, the company earned $0.40 EPS. The business’s revenue was up 11.5% compared to the same quarter last year. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

MasterBrand Profile

MasterBrand Inc is one of the largest manufacturers of cabinetry and home storage solutions in North America. The company specializes in designing, producing and distributing kitchen and bath cabinetry for both new construction and the remodeling markets. Its offerings span a broad spectrum of styles and price points, serving homebuilders, home improvement retailers and independent dealers.

MasterBrand’s product portfolio includes framed and frameless cabinet lines, bath vanities, closet systems and other organizational accessories.