Masonite International Corp. (NYSE:DOOR) insider James A. Hair sold 450 shares of the company’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $66.99, for a total transaction of $30,145.50. Following the transaction, the insider now directly owns 10,790 shares of the company’s stock, valued at $722,822.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Masonite International Corp. (NYSE:DOOR) traded up 0.635% during midday trading on Thursday, reaching $67.375. 236,170 shares of the company’s stock were exchanged. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 29.944 and a beta of 1.10. The stock’s 50 day moving average price is $60.29 and its 200 day moving average price is $65.87. Masonite International Corp. has a 12-month low of $45.14 and a 12-month high of $72.75.

Masonite International Corp. (NYSE:DOOR) last released its quarterly earnings results on Tuesday, November 8th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.18. Masonite International Corp. had a net margin of 3.54% and a return on equity of 14.01%. The firm earned $489.65 million during the quarter, compared to analysts’ expectations of $503.66 million. During the same period in the previous year, the company earned ($0.53) EPS. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. Equities analysts anticipate that Masonite International Corp. will post $3.11 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Masonite International Corp. (NYSE:DOOR)

Institutional investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio boosted its position in Masonite International Corp. by 3.2% in the second quarter. Public Employees Retirement System of Ohio now owns 1,536 shares of the company’s stock worth $102,000 after buying an additional 47 shares in the last quarter. Pacad Investment Ltd. purchased a new position in Masonite International Corp. during the second quarter worth approximately $106,000. Strs Ohio boosted its position in Masonite International Corp. by 17.6% in the second quarter. Strs Ohio now owns 2,000 shares of the company’s stock worth $132,000 after buying an additional 300 shares in the last quarter. BlackRock Inc. boosted its position in Masonite International Corp. by 105.7% in the first quarter. BlackRock Inc. now owns 2,220 shares of the company’s stock worth $146,000 after buying an additional 1,141 shares in the last quarter. Finally, Lorber David A purchased a new position in Masonite International Corp. during the first quarter worth approximately $152,000.

Several equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Masonite International Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 9th. FBR & Co reissued a “buy” rating and issued a $89.00 price target on shares of Masonite International Corp. in a research note on Wednesday, August 17th. Wedbush reissued an “outperform” rating and issued a $72.00 price target on shares of Masonite International Corp. in a research note on Friday, August 12th. Imperial Capital decreased their price target on shares of Masonite International Corp. from $80.00 to $77.00 and set an “outperform” rating for the company in a research note on Friday, August 12th. Finally, Stifel Nicolaus raised shares of Masonite International Corp. from a “hold” rating to a “buy” rating and increased their price target for the stock from $62.00 to $72.00 in a research note on Thursday, November 10th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $76.25.

About Masonite International Corp.

Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.

5 Day Chart for NYSE:DOOR

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