Kurt Wanninger Sells 50,000 Shares of MasterBrand (NYSE:MBC) Stock

MasterBrand, Inc. (NYSE:MBC) EVP Kurt Wanninger sold 50,000 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $9.22, for a total transaction of $461,000.00. Following the sale, the executive vice president directly owned 201,199 shares in the company, valued at $1,855,054.78. This trade represents a 19.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

MasterBrand Stock Down 1.7%

MBC stock opened at $9.13 on Friday. The firm has a market cap of $1.86 billion, a PE ratio of -13.24 and a beta of 1.44. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.04 and a current ratio of 1.76. The firm’s fifty day moving average is $9.03 and its 200 day moving average is $9.24. MasterBrand, Inc. has a one year low of $6.61 and a one year high of $14.22.

MasterBrand (NYSE:MBC) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). The firm had revenue of $815.20 million during the quarter, compared to analysts’ expectations of $743.05 million. MasterBrand had a negative net margin of 3.49% and a positive return on equity of 3.65%. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.40 EPS. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on MBC shares. Weiss Ratings restated a “sell (d)” rating on shares of MasterBrand in a research note on Monday, July 13th. Wall Street Zen upgraded MasterBrand from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Institutional Investors Weigh In On MasterBrand

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Coliseum Capital Management LLC raised its position in MasterBrand by 42.4% during the fourth quarter. Coliseum Capital Management LLC now owns 10,772,614 shares of the company’s stock worth $118,930,000 after acquiring an additional 3,209,323 shares during the period. Boston Partners grew its position in shares of MasterBrand by 7.8% in the third quarter. Boston Partners now owns 8,930,199 shares of the company’s stock valued at $117,688,000 after purchasing an additional 649,960 shares during the period. Dimensional Fund Advisors LP grew its position in shares of MasterBrand by 6.8% in the first quarter. Dimensional Fund Advisors LP now owns 7,010,428 shares of the company’s stock valued at $58,256,000 after purchasing an additional 447,352 shares during the period. State Street Corp grew its position in shares of MasterBrand by 0.5% in the fourth quarter. State Street Corp now owns 4,957,171 shares of the company’s stock valued at $54,727,000 after purchasing an additional 24,796 shares during the period. Finally, Paradigm Capital Management Inc. NY purchased a new stake in shares of MasterBrand during the second quarter worth about $47,526,000. Hedge funds and other institutional investors own 87.32% of the company’s stock.

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.