MasterBrand (NYSE:MBC) EVP Kurt Wanninger Sells 50,000 Shares

MasterBrand, Inc. (NYSE:MBC) EVP Kurt Wanninger sold 50,000 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $9.22, for a total transaction of $461,000.00. Following the transaction, the executive vice president owned 201,199 shares of the company’s stock, valued at $1,855,054.78. This trade represents a 19.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

MasterBrand Stock Up 0.8%

Shares of MBC opened at $9.29 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.04 and a current ratio of 1.76. MasterBrand, Inc. has a 52 week low of $6.61 and a 52 week high of $14.22. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of -13.46 and a beta of 1.44. The stock has a fifty day moving average of $9.01 and a 200-day moving average of $9.24.

MasterBrand (NYSE:MBC) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). The firm had revenue of $815.20 million for the quarter, compared to the consensus estimate of $743.05 million. MasterBrand had a positive return on equity of 3.65% and a negative net margin of 3.49%.The company’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.40 EPS. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Hedge Funds Weigh In On MasterBrand

Hedge funds have recently made changes to their positions in the stock. ProShare Advisors LLC increased its position in MasterBrand by 3.2% during the 4th quarter. ProShare Advisors LLC now owns 24,702 shares of the company’s stock valued at $273,000 after purchasing an additional 767 shares during the period. Gamco Investors INC. ET AL lifted its position in shares of MasterBrand by 1.4% in the 2nd quarter. Gamco Investors INC. ET AL now owns 88,754 shares of the company’s stock worth $970,000 after purchasing an additional 1,230 shares during the period. Osaic Holdings Inc. boosted its stake in shares of MasterBrand by 10.0% in the 4th quarter. Osaic Holdings Inc. now owns 15,543 shares of the company’s stock valued at $172,000 after purchasing an additional 1,409 shares during the last quarter. Sei Investments Co. boosted its stake in shares of MasterBrand by 4.8% in the 2nd quarter. Sei Investments Co. now owns 35,513 shares of the company’s stock valued at $388,000 after purchasing an additional 1,618 shares during the last quarter. Finally, Americana Partners LLC increased its position in shares of MasterBrand by 10.3% during the fourth quarter. Americana Partners LLC now owns 17,566 shares of the company’s stock worth $194,000 after buying an additional 1,647 shares during the period. 87.32% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MBC. Wall Street Zen raised shares of MasterBrand from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Weiss Ratings reissued a “sell (d)” rating on shares of MasterBrand in a research note on Monday, July 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

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.