MasterBrand (NYSE:MBC) EVP Bruce Alan Kendrick Sells 26,245 Shares of Stock

MasterBrand, Inc. (NYSE:MBC) EVP Bruce Alan Kendrick sold 26,245 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $9.02, for a total value of $236,729.90. Following the sale, the executive vice president owned 241,665 shares in the company, valued at approximately $2,179,818.30. This represents a 9.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

MasterBrand Trading Up 4.3%

NYSE:MBC opened at $9.18 on Friday. The company has a market cap of $1.18 billion, a P/E ratio of -458.87 and a beta of 1.48. The stock’s fifty day moving average price is $8.35 and its two-hundred day moving average price is $10.05. MasterBrand, Inc. has a 1 year low of $6.61 and a 1 year high of $14.22. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.08 and a quick ratio of 1.31.

MasterBrand (NYSE:MBC) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $618.00 million for the quarter, compared to the consensus estimate of $591.35 million. During the same quarter last year, the business posted $0.18 earnings per share. The firm’s 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.

Institutional Investors Weigh In On MasterBrand

Institutional investors and hedge funds have recently made changes to their positions in the business. Royal Bank of Canada raised its position in MasterBrand by 12.8% during the first quarter. Royal Bank of Canada now owns 55,615 shares of the company’s stock valued at $726,000 after purchasing an additional 6,298 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in MasterBrand by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,362 shares of the company’s stock valued at $984,000 after purchasing an additional 3,292 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in MasterBrand by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,517,294 shares of the company’s stock valued at $19,816,000 after purchasing an additional 59,879 shares in the last quarter. Jane Street Group LLC raised its position in MasterBrand by 10.7% during the first quarter. Jane Street Group LLC now owns 357,305 shares of the company’s stock valued at $4,666,000 after purchasing an additional 34,422 shares in the last quarter. Finally, Intech Investment Management LLC raised its position in MasterBrand by 71.1% during the first quarter. Intech Investment Management LLC now owns 119,325 shares of the company’s stock valued at $1,558,000 after purchasing an additional 49,578 shares in the last quarter. Hedge funds and other institutional investors own 87.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Weiss Ratings downgraded MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Wall Street Zen downgraded MasterBrand from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company 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.