Insider Buying: MasterBrand (NYSE:MBC) CEO Purchases $505,800.00 in Stock

MasterBrand, Inc. (NYSE:MBC) CEO R David Banyard purchased 60,000 shares of MasterBrand stock in a transaction that occurred on Monday, June 1st. The shares were bought at an average cost of $8.43 per share, with a total value of $505,800.00. Following the completion of the transaction, the chief executive officer directly owned 1,831,788 shares of the company’s stock, valued at approximately $15,441,972.84. The trade was a 3.39% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

MasterBrand Price Performance

NYSE:MBC opened at $8.31 on Friday. The stock has a market capitalization of $1.06 billion, a PE ratio of -415.49 and a beta of 1.48. MasterBrand, Inc. has a 1-year low of $6.61 and a 1-year high of $14.22. The firm has a fifty day simple moving average of $8.31 and a 200 day simple moving average of $10.09. The company has a current ratio of 2.08, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82.

MasterBrand (NYSE:MBC) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.10. MasterBrand had a negative net margin of 0.07% and a positive return on equity of 7.35%. The firm had revenue of $618.00 million for the quarter, compared to analyst estimates of $591.35 million. During the same period in the prior year, the firm posted $0.18 earnings per share. The company’s quarterly revenue was down 6.4% compared to the same quarter last year. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Hedge Funds Weigh In On MasterBrand

Several large investors have recently modified their holdings of the stock. EMG Holdings L.P. acquired a new position in MasterBrand in the 3rd quarter valued at about $2,174,000. SG Americas Securities LLC lifted its position in MasterBrand by 6,255.0% during the fourth quarter. SG Americas Securities LLC now owns 737,874 shares of the company’s stock worth $8,146,000 after acquiring an additional 726,263 shares during the last quarter. JPMorgan Chase & Co. lifted its position in MasterBrand by 353.2% during the third quarter. JPMorgan Chase & Co. now owns 695,128 shares of the company’s stock worth $9,155,000 after acquiring an additional 541,748 shares during the last quarter. Denali Advisors LLC bought a new stake in shares of MasterBrand during the third quarter worth approximately $3,179,000. Finally, Public Sector Pension Investment Board boosted its holdings in shares of MasterBrand by 14.2% during the third quarter. Public Sector Pension Investment Board now owns 494,325 shares of the company’s stock worth $6,510,000 after acquiring an additional 61,527 shares during the period. 87.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on MBC shares. Wall Street Zen cut MasterBrand from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Weiss Ratings cut MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

About MasterBrand

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.