MasterBrand, Inc. (NYSE:MBC) Sees Large Drop in Short Interest

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Insider Activity

In other MasterBrand news, CEO R David Banyard bought 60,000 shares of the business’s stock in a transaction dated 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 purchase, the chief executive officer directly owned 1,831,788 shares of the company’s stock, valued at approximately $15,441,972.84. This represents a 3.39% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Andrea Helen Simon acquired 5,000 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was acquired at an average cost of $8.56 per share, for a total transaction of $42,800.00. Following the transaction, the chief financial officer owned 497,341 shares of the company’s stock, valued at approximately $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. Over the last 90 days, insiders have purchased 81,587 shares of company stock worth $696,347. Corporate insiders own 2.04% of the company’s stock.

Hedge Funds Weigh In On MasterBrand

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Axiom Investment Management LLC purchased a new position in shares of MasterBrand in the 1st quarter worth about $29,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of MasterBrand by 696.8% in 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 period. IFP Advisors Inc increased its position in shares of MasterBrand by 124.4% during the 4th quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock valued at $39,000 after purchasing an additional 1,946 shares during the last quarter. Clearstead Advisors LLC raised its position in MasterBrand by 165.2% in the fourth quarter. Clearstead Advisors LLC now owns 4,228 shares of the company’s stock worth $47,000 after acquiring an additional 2,634 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its position in MasterBrand by 58.8% during the third quarter. CIBC Private Wealth Group LLC now owns 5,812 shares of the company’s stock valued at $77,000 after purchasing an additional 2,153 shares in the last quarter. Hedge funds and other institutional investors own 87.32% of the company’s stock.

MasterBrand Price Performance

Shares of MasterBrand stock opened at $10.03 on Tuesday. The company has a fifty day moving average of $8.52 and a 200-day moving average of $9.89. MasterBrand has a 52-week low of $6.61 and a 52-week high of $14.22. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of -502.50 and a beta of 1.49. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.08.

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

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.