Masonite International Corp. (NYSE:DOOR) insider Robert Edgar Lewis sold 600 shares of the company’s stock in a transaction dated Wednesday, November 23rd. The stock was sold at an average price of $63.37, for a total value of $38,022.00. Following the completion of the transaction, the insider now directly owns 23,540 shares of the company’s stock, valued at approximately $1,491,729.80. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Masonite International Corp. (NYSE:DOOR) opened at 67.15 on Friday. The company’s 50-day moving average price is $61.01 and its 200 day moving average price is $65.88. The firm has a market cap of $2.01 billion, a PE ratio of 29.84 and a beta of 1.10. Masonite International Corp. has a 1-year low of $45.14 and a 1-year high of $72.75.

Masonite International Corp. (NYSE:DOOR) last posted its quarterly earnings data on Tuesday, November 8th. The company reported $0.89 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.18. The company earned $489.65 million during the quarter, compared to analyst estimates of $503.66 million. Masonite International Corp. had a return on equity of 14.01% and a net margin of 3.54%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company earned ($0.53) earnings per share. On average, analysts predict that Masonite International Corp. will post $3.15 EPS for the current year.

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

A number of brokerages have issued reports on DOOR. Zacks Investment Research raised Masonite International Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, August 9th. FBR & Co reaffirmed a “buy” rating and issued a $89.00 target price on shares of Masonite International Corp. in a report on Wednesday, August 17th. Wedbush reaffirmed an “outperform” rating and issued a $72.00 target price on shares of Masonite International Corp. in a report on Friday, August 12th. Imperial Capital lowered their target price on Masonite International Corp. from $80.00 to $77.00 and set an “outperform” rating for the company in a report on Friday, August 12th. Finally, Stifel Nicolaus raised Masonite International Corp. from a “hold” rating to a “buy” rating and upped their target price for the stock from $62.00 to $72.00 in a report on Thursday, November 10th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Masonite International Corp. currently has a consensus rating of “Buy” and a consensus price target of $76.25.

Large investors have recently bought and sold shares of the stock. D.A. Davidson & CO. raised its stake in Masonite International Corp. by 2.2% in the third quarter. D.A. Davidson & CO. now owns 3,536 shares of the company’s stock valued at $219,000 after buying an additional 77 shares in the last quarter. PCJ Investment Counsel Ltd. raised its stake in Masonite International Corp. by 45.8% in the third quarter. PCJ Investment Counsel Ltd. now owns 14,580 shares of the company’s stock valued at $906,000 after buying an additional 4,580 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in Masonite International Corp. during the third quarter valued at about $1,198,000. Analytic Investors LLC raised its stake in Masonite International Corp. by 27.7% in the third quarter. Analytic Investors LLC now owns 31,613 shares of the company’s stock valued at $1,966,000 after buying an additional 6,866 shares in the last quarter. Finally, Conatus Capital Management LP acquired a new stake in Masonite International Corp. during the third quarter valued at about $20,626,000.

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Masonite International Corp. Company Profile

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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