MasterBrand, Inc. (NYSE:MBC – Get Free Report) CFO Andrea Helen Simon acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were acquired at an average price of $8.56 per share, with a total value of $42,800.00. Following the acquisition, the chief financial officer owned 497,341 shares in the company, valued at approximately $4,257,238.96. The trade was a 1.02% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
MasterBrand Stock Up 0.9%
Shares of MBC traded up $0.08 during midday trading on Friday, hitting $8.40. 3,459,974 shares of the company’s stock traded hands, compared to its average volume of 2,715,411. MasterBrand, Inc. has a 1 year low of $6.61 and a 1 year high of $14.22. The firm’s fifty day moving average is $8.31 and its 200-day moving average is $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. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of -419.69 and a beta of 1.48.
MasterBrand (NYSE:MBC – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.10. MasterBrand had a positive return on equity of 7.35% and a negative net margin of 0.07%.The firm had revenue of $618.00 million during the quarter, compared to analyst estimates of $591.35 million. During the same quarter in the prior year, the business posted $0.18 EPS. The business’s revenue for the quarter was down 6.4% compared to the same quarter last year. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on MBC
Hedge Funds Weigh In On MasterBrand
Several hedge funds have recently made changes to their positions in the company. Axiom Investment Management LLC acquired a new position in shares of MasterBrand in the 1st quarter valued at $29,000. Bank of America Corp DE increased its position in shares of MasterBrand by 37.8% in the 1st quarter. Bank of America Corp DE now owns 506,110 shares of the company’s stock valued at $4,206,000 after acquiring an additional 138,792 shares during the period. Amundi increased its position in shares of MasterBrand by 24.6% in the 1st quarter. Amundi now owns 17,972 shares of the company’s stock valued at $149,000 after acquiring an additional 3,544 shares during the period. California State Teachers Retirement System grew its position in MasterBrand by 34.5% during the 1st quarter. California State Teachers Retirement System now owns 165,489 shares of the company’s stock worth $1,375,000 after purchasing an additional 42,456 shares during the period. Finally, Empowered Funds LLC grew its position in MasterBrand by 3.1% during the 1st quarter. Empowered Funds LLC now owns 476,219 shares of the company’s stock worth $3,957,000 after purchasing an additional 14,367 shares during the period. 87.32% of the stock is owned by institutional investors and hedge funds.
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.
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