MasterBrand, Inc. (NYSE:MBC) Short Interest Down 48.4% in June

MasterBrand, Inc. (NYSE:MBC) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 16,223,917 shares, a decrease of 48.4% from the May 31st total of 31,466,301 shares. Currently, 12.9% of the company’s stock are sold short. Based on an average daily trading volume, of 4,013,406 shares, the short-interest ratio is presently 4.0 days.

Insider Activity

In other MasterBrand news, CEO R David Banyard purchased 60,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was bought at an average cost of $8.43 per share, with a total value of $505,800.00. Following the purchase, the chief executive officer directly owned 1,831,788 shares of the company’s stock, valued at $15,441,972.84. The trade was a 3.39% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Andrea Helen Simon bought 5,000 shares of MasterBrand stock in a transaction that occurred on Thursday, June 4th. The shares were acquired at an average price of $8.56 per share, with a total value of $42,800.00. Following the acquisition, the chief financial officer directly owned 497,341 shares of the company’s stock, valued at $4,257,238.96. The trade was a 1.02% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have acquired 81,587 shares of company stock worth $696,347. 2.04% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MBC. Axiom Investment Management LLC acquired a new position in MasterBrand in the 1st quarter worth about $29,000. Northwestern Mutual Wealth Management Co. grew its holdings in MasterBrand by 696.8% during the 4th 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 period. IFP Advisors Inc increased its position in 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 buying an additional 1,946 shares in the last quarter. Clearstead Advisors LLC increased its holdings in shares of MasterBrand by 165.2% during the fourth quarter. Clearstead Advisors LLC now owns 4,228 shares of the company’s stock valued at $47,000 after acquiring an additional 2,634 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in shares of MasterBrand by 58.8% in the third quarter. CIBC Private Wealth Group LLC now owns 5,812 shares of the company’s stock valued at $77,000 after buying an additional 2,153 shares in the last quarter. 87.32% of the stock is currently owned by institutional investors and hedge funds.

MasterBrand Trading Down 0.3%

MBC stock opened at $10.03 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.08. The company has a market capitalization of $1.28 billion, a PE ratio of -502.50 and a beta of 1.49. The company’s 50-day simple moving average is $8.52 and its 200 day simple moving average is $9.89. MasterBrand has a 52 week low of $6.61 and a 52 week high of $14.22.

MasterBrand (NYSE:MBC) last announced 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 firm 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 company’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 EPS. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of 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.com, the stock has a consensus 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.