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

MasterBrand, Inc. (NYSE:MBC) Director David Petratis bought 11,587 shares of the business’s stock in a transaction on Monday, June 8th. The shares were acquired at an average cost of $8.82 per share, with a total value of $102,197.34. Following the purchase, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

MasterBrand Price Performance

MBC stock opened at $8.84 on Thursday. The business has a fifty day moving average of $8.33 and a two-hundred day moving average of $10.06. The company has a quick ratio of 1.31, a current ratio of 2.08 and a debt-to-equity ratio of 0.82. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of -441.83 and a beta of 1.48. MasterBrand, Inc. has a 52-week low of $6.61 and a 52-week high of $14.22.

MasterBrand (NYSE:MBC) last posted its earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.10. The company had revenue of $618.00 million during the quarter, compared to analysts’ expectations 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 firm 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

A number of institutional investors have recently modified their holdings of the company. 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 buying 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 buying 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 buying 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 buying 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 buying an additional 1,618 shares in the last quarter. 87.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MBC has been the subject of several recent analyst reports. Weiss Ratings cut MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Wall Street Zen cut MasterBrand from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, MasterBrand currently 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.