David Petratis Purchases 11,587 Shares of MasterBrand (NYSE:MBC) Stock

MasterBrand, Inc. (NYSE:MBC) Director David Petratis bought 11,587 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were purchased at an average price of $8.82 per share, for a total transaction of $102,197.34. Following the completion of the acquisition, the director owned 69,915 shares of the company’s stock, valued at $616,650.30. The trade was a 19.87% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

MasterBrand Stock Performance

Shares of NYSE:MBC traded up $0.21 on Tuesday, hitting $8.79. The company had a trading volume of 2,698,835 shares, compared to its average volume of 2,722,274. MasterBrand, Inc. has a 1-year low of $6.61 and a 1-year high of $14.22. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of -439.23 and a beta of 1.48. The stock has a 50 day moving average price of $8.31 and a 200 day moving average price of $10.07. 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 (NYSE:MBC) last released 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 negative net margin of 0.07% and a positive return on equity of 7.35%. The firm had revenue of $618.00 million for the quarter, compared to the consensus estimate of $591.35 million. During the same period in the previous year, the company earned $0.18 earnings per share. The company’s quarterly revenue was down 6.4% on a year-over-year basis. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Hedge Funds Weigh In On MasterBrand

Several institutional investors and hedge funds have recently modified their holdings of the business. ProShare Advisors LLC grew its stake in shares of MasterBrand by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 24,702 shares of the company’s stock valued at $273,000 after acquiring an additional 767 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of MasterBrand by 26.7% in the third quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock valued at $76,000 after acquiring an additional 1,177 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in shares of MasterBrand by 1.4% in the second quarter. Gamco Investors INC. ET AL now owns 88,754 shares of the company’s stock valued at $970,000 after acquiring an additional 1,230 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of MasterBrand by 10.0% in the fourth quarter. Osaic Holdings Inc. now owns 15,543 shares of the company’s stock valued at $172,000 after acquiring an additional 1,409 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of MasterBrand by 4.8% in the second quarter. Sei Investments Co. now owns 35,513 shares of the company’s stock valued at $388,000 after acquiring an additional 1,618 shares in the last quarter. 87.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on MBC shares. Weiss Ratings downgraded shares of MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Wall Street Zen downgraded shares of MasterBrand from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus 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.