MasterBrand (NYSE:MBC) EVP Bruce Alan Kendrick Sells 26,245 Shares

MasterBrand, Inc. (NYSE:MBC) EVP Bruce Alan Kendrick sold 26,245 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $9.02, for a total value of $236,729.90. Following the completion of the transaction, the executive vice president directly owned 241,665 shares of the company’s stock, valued at $2,179,818.30. This represents a 9.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

MasterBrand Stock Up 4.3%

Shares of NYSE:MBC traded up $0.38 during midday trading on Thursday, reaching $9.18. The company had a trading volume of 3,620,562 shares, compared to its average volume of 2,733,698. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.08 and a quick ratio of 1.31. The stock’s fifty day moving average price is $8.33 and its 200-day moving average price is $10.06. The stock has a market capitalization of $1.18 billion, a P/E ratio of -458.87 and a beta of 1.48. MasterBrand, Inc. has a one year low of $6.61 and a one year high of $14.22.

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

Institutional Trading of MasterBrand

Hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of MasterBrand by 696.8% in 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. Axiom Investment Management LLC bought a new stake in shares of MasterBrand in the 1st quarter worth approximately $29,000. IFP Advisors Inc lifted its position in shares of MasterBrand by 124.4% in the 4th quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock worth $39,000 after acquiring an additional 1,946 shares during the period. Clearstead Advisors LLC grew its stake in shares of MasterBrand by 165.2% in the 4th quarter. Clearstead Advisors LLC now owns 4,228 shares of the company’s stock valued at $47,000 after purchasing an additional 2,634 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in shares of MasterBrand by 26.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock valued at $76,000 after purchasing an additional 1,177 shares during the period. Institutional investors own 87.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Wall Street Zen cut MasterBrand from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Weiss Ratings cut MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. 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.