MasterBrand (NYSE:MBC) Trading Up 7.2% – Here’s What Happened

MasterBrand, Inc. (NYSE:MBC) traded up 7.2% during trading on Wednesday . The stock traded as high as $9.03 and last traded at $8.96. Approximately 135,551 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 2,742,851 shares. The stock had previously closed at $8.36.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

MasterBrand Stock Performance

The company has a market cap of $1.18 billion, a PE ratio of -459.02 and a beta of 1.48. 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 firm’s 50 day moving average is $8.44 and its 200-day moving average is $9.93.

MasterBrand (NYSE:MBC) last released its earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.10. The business had revenue of $618.00 million for the quarter, compared to analyst estimates of $591.35 million. MasterBrand had a negative net margin of 0.07% and a positive return on equity of 7.35%. The business’s revenue was down 6.4% on a year-over-year basis. During the same period last year, the company posted $0.18 EPS. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Insider Activity

In related news, CEO R David Banyard acquired 60,000 shares of MasterBrand stock in a transaction that occurred on Monday, June 1st. The shares were purchased at an average price of $8.43 per share, for a total transaction of $505,800.00. Following the completion of the transaction, the chief executive officer owned 1,831,788 shares in the company, valued at $15,441,972.84. This represents a 3.39% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Andrea Helen Simon acquired 5,000 shares of the stock in a transaction on Thursday, June 4th. The shares were bought at an average cost of $8.56 per share, for a total transaction of $42,800.00. Following the purchase, 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. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 81,587 shares of company stock valued at $696,347 in the last 90 days. 2.04% of the stock is owned by insiders.

Hedge Funds Weigh In On MasterBrand

Several institutional investors and hedge funds have recently bought and sold shares of the company. EMG Holdings L.P. purchased a new position in shares of MasterBrand during the 3rd quarter worth approximately $2,174,000. SG Americas Securities LLC raised its holdings in shares of MasterBrand by 6,255.0% in the 4th quarter. SG Americas Securities LLC now owns 737,874 shares of the company’s stock valued at $8,146,000 after buying an additional 726,263 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of MasterBrand by 353.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,128 shares of the company’s stock valued at $9,155,000 after buying an additional 541,748 shares during the period. UBS Group AG lifted its stake in MasterBrand by 156.1% during the 4th quarter. UBS Group AG now owns 1,388,884 shares of the company’s stock worth $15,333,000 after acquiring an additional 846,519 shares in the last quarter. Finally, Nixon Capital LLC lifted its stake in MasterBrand by 15.2% during the 4th quarter. Nixon Capital LLC now owns 1,418,163 shares of the company’s stock worth $15,657,000 after acquiring an additional 187,567 shares in the last quarter. 87.32% of the stock is currently owned by institutional investors and hedge funds.

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.