Insider Selling: MasterBrand (NYSE:MBC) EVP Sells $461,000.00 in Stock

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

MasterBrand Stock Down 1.7%

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

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

Analyst Upgrades and Downgrades

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

Institutional Trading of MasterBrand

A number of large investors have recently made changes to their positions in MBC. Northwestern Mutual Wealth Management Co. grew its position in shares of MasterBrand by 696.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,012 shares of the company’s stock worth $33,000 after acquiring an additional 2,634 shares during the last quarter. Axiom Investment Management LLC purchased a new stake in shares of MasterBrand in the first quarter valued at about $29,000. IFP Advisors Inc raised its holdings in shares of MasterBrand by 124.4% in the fourth quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock valued at $39,000 after buying an additional 1,946 shares during the last quarter. Clearstead Advisors LLC boosted its stake in shares of MasterBrand by 165.2% during the fourth 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, CIBC Private Wealth Group LLC increased its position in MasterBrand by 58.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,812 shares of the company’s stock valued at $77,000 after acquiring an additional 2,153 shares during the period. 87.32% of the stock is owned by institutional investors and hedge funds.

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.