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

MasterBrand, Inc. (NYSE:MBC) Director David Petratis purchased 11,587 shares of the company’s stock in a transaction on Monday, June 8th. The stock was acquired at an average cost of $8.82 per share, for a total transaction of $102,197.34. Following the completion of the transaction, the director owned 69,915 shares in the company, valued at approximately $616,650.30. This trade represents a 19.87% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

MasterBrand Stock Performance

Shares of NYSE MBC opened at $8.79 on Wednesday. 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 business’s 50 day moving average is $8.32 and its two-hundred day moving average is $10.07. The company has a market cap of $1.12 billion, a P/E ratio of -439.23 and a beta of 1.48. MasterBrand, Inc. has a 12 month low of $6.61 and a 12 month high of $14.22.

MasterBrand (NYSE:MBC) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.10. The company had revenue of $618.00 million for the quarter, compared to the consensus estimate 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 for the quarter was down 6.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.18 EPS. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Wall Street Analysts Forecast Growth

Several research analysts have commented on MBC shares. Weiss Ratings downgraded MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Wall Street Zen cut MasterBrand from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Trading of MasterBrand

A number of institutional investors and hedge funds have recently modified their holdings of the company. Axiom Investment Management LLC bought a new stake in shares of MasterBrand during the first quarter valued at approximately $29,000. Bank of America Corp DE increased its position in shares of MasterBrand by 37.8% during the first quarter. Bank of America Corp DE now owns 506,110 shares of the company’s stock valued at $4,206,000 after purchasing an additional 138,792 shares during the period. Amundi increased its position in shares of MasterBrand by 24.6% during the first quarter. Amundi now owns 17,972 shares of the company’s stock valued at $149,000 after purchasing an additional 3,544 shares during the period. California State Teachers Retirement System increased its position in shares of MasterBrand by 34.5% during the first quarter. California State Teachers Retirement System now owns 165,489 shares of the company’s stock valued at $1,375,000 after purchasing an additional 42,456 shares during the period. Finally, Empowered Funds LLC increased its position in shares of MasterBrand by 3.1% during the first quarter. Empowered Funds LLC now owns 476,219 shares of the company’s stock valued at $3,957,000 after purchasing an additional 14,367 shares during the period. 87.32% of the stock is currently owned by institutional investors.

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.