Insider Selling: MasterBrand (NYSE:MBC) EVP Sells $236,729.90 in Stock

MasterBrand, Inc. (NYSE:MBC) EVP Bruce Alan Kendrick sold 26,245 shares of the stock in a transaction that occurred 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 transaction, the executive vice president owned 241,665 shares in the company, valued at approximately $2,179,818.30. This trade represents a 9.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

MasterBrand Price Performance

Shares of NYSE MBC opened at $8.89 on Friday. The firm has a market cap of $1.14 billion, a P/E ratio of -444.03 and a beta of 1.48. 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, Inc. has a 1-year low of $6.61 and a 1-year high of $14.22. The business’s 50 day moving average is $8.36 and its 200-day moving average is $10.05.

MasterBrand (NYSE:MBC) last announced its earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.10. The company had revenue of $618.00 million for the quarter, compared to analyst estimates of $591.35 million. MasterBrand had a positive return on equity of 7.35% and a negative net margin of 0.07%.The firm’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.18 earnings per share. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Institutional Investors Weigh In On MasterBrand

Large investors have recently modified their holdings of the business. Axiom Investment Management LLC bought a new position in shares of MasterBrand in the 1st quarter valued at $29,000. Bank of America Corp DE increased its stake 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 purchasing an additional 138,792 shares during the last quarter. Amundi increased its stake 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 purchasing an additional 3,544 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of MasterBrand by 34.5% in the 1st quarter. California State Teachers Retirement System now owns 165,489 shares of the company’s stock valued at $1,375,000 after purchasing an additional 42,456 shares during the last quarter. Finally, Empowered Funds LLC increased its stake in shares of MasterBrand by 3.1% in the 1st quarter. Empowered Funds LLC now owns 476,219 shares of the company’s stock valued at $3,957,000 after purchasing an additional 14,367 shares during the last quarter. Institutional investors and hedge funds own 87.32% of the company’s stock.

Wall Street Analysts Forecast Growth

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

MasterBrand Company Profile

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.