MasterBrand, Inc. (NYSE:MBC – Get Free Report) Director Philip Fracassa purchased 5,000 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were purchased at an average price of $9.11 per share, with a total value of $45,550.00. Following the completion of the purchase, the director directly owned 45,041 shares of the company’s stock, valued at $410,323.51. The trade was a 12.49% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
MasterBrand Stock Down 3.3%
MasterBrand stock traded down $0.31 during midday trading on Friday, hitting $8.89. The stock had a trading volume of 2,621,858 shares, compared to its average volume of 2,731,649. The stock has a market cap of $1.14 billion, a P/E ratio of -444.03 and a beta of 1.48. The business has a fifty day moving average price of $8.35 and a 200 day moving average price of $10.05. 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, Inc. has a 12 month low of $6.61 and a 12 month high of $14.22.
MasterBrand (NYSE:MBC – Get Free Report) last announced 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. The business had revenue of $618.00 million for the quarter, compared to the consensus estimate of $591.35 million. MasterBrand had a positive return on equity of 7.35% and a negative net margin of 0.07%.The business’s revenue was down 6.4% on a year-over-year basis. During the same quarter last year, the business posted $0.18 EPS. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on MBC
Institutional Trading of MasterBrand
Large investors have recently made changes to their positions in the stock. ProShare Advisors LLC lifted its position in shares of MasterBrand by 3.2% during the 4th quarter. ProShare Advisors LLC now owns 24,702 shares of the company’s stock worth $273,000 after purchasing an additional 767 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of MasterBrand by 26.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock worth $76,000 after buying an additional 1,177 shares in the last quarter. Gamco Investors INC. ET AL grew its position in MasterBrand by 1.4% during the 2nd quarter. Gamco Investors INC. ET AL now owns 88,754 shares of the company’s stock worth $970,000 after acquiring an additional 1,230 shares during the last quarter. Osaic Holdings Inc. grew its position in MasterBrand by 10.0% during the 4th quarter. Osaic Holdings Inc. now owns 15,543 shares of the company’s stock worth $172,000 after acquiring an additional 1,409 shares during the last quarter. Finally, Sei Investments Co. boosted its position in MasterBrand by 4.8% in the 2nd quarter. Sei Investments Co. now owns 35,513 shares of the company’s stock valued at $388,000 after buying an additional 1,618 shares during the last quarter. Institutional investors own 87.32% of the company’s stock.
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.
See Also
- Five stocks we like better than MasterBrand
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for MasterBrand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MasterBrand and related companies with MarketBeat.com's FREE daily email newsletter.
