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

MasterBrand, Inc. (NYSE:MBC) EVP Bruce Alan Kendrick sold 26,245 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $9.02, for a total value of $236,729.90. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

MasterBrand Price Performance

Shares of MBC stock traded up $0.38 during trading hours on Thursday, hitting $9.18. The company had a trading volume of 3,620,562 shares, compared to its average volume of 2,733,698. MasterBrand, Inc. has a 12 month low of $6.61 and a 12 month high of $14.22. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of -458.87 and a beta of 1.48. The firm’s fifty day moving average is $8.33 and its 200 day moving average is $10.06. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.08.

MasterBrand (NYSE:MBC) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate 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 company’s revenue was down 6.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.18 EPS. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its stake in shares of MasterBrand by 696.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,012 shares of the company’s stock valued at $33,000 after purchasing an additional 2,634 shares during the period. Axiom Investment Management LLC acquired a new position in shares of MasterBrand in the 1st quarter valued at $29,000. IFP Advisors Inc lifted its stake in shares of MasterBrand by 124.4% in the 4th quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock valued at $39,000 after purchasing an additional 1,946 shares during the period. Clearstead Advisors LLC raised its stake in MasterBrand by 165.2% during the 4th quarter. Clearstead Advisors LLC now owns 4,228 shares of the company’s stock worth $47,000 after buying an additional 2,634 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in MasterBrand by 26.7% during the third quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock worth $76,000 after acquiring an additional 1,177 shares in the last quarter. Institutional investors and hedge funds own 87.32% of the company’s stock.

Wall Street Analysts Forecast Growth

MBC has been the topic of a number of research analyst reports. Weiss Ratings lowered MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Wall Street Zen lowered MasterBrand from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One analyst has rated the stock with a Sell rating, Based on data from 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.