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

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

MasterBrand Stock Down 3.3%

NYSE:MBC opened at $8.89 on Friday. The stock’s fifty day moving average price is $8.36 and its two-hundred day moving average price is $10.05. MasterBrand, Inc. has a 52-week low of $6.61 and a 52-week high of $14.22. 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 company has a market cap of $1.14 billion, a price-to-earnings ratio of -444.03 and a beta of 1.48.

MasterBrand (NYSE:MBC) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 earnings per share (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 prior year, the business earned $0.18 EPS. The business’s revenue for the quarter was down 6.4% compared to the same quarter last year. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on MBC. Wall Street Zen downgraded MasterBrand from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Weiss Ratings downgraded MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Hedge Funds Weigh In On MasterBrand

Several institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of MasterBrand by 696.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,012 shares of the company’s stock worth $33,000 after buying an additional 2,634 shares during the period. Axiom Investment Management LLC acquired a new position in shares of MasterBrand during the 1st quarter worth about $29,000. IFP Advisors Inc grew 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 worth $39,000 after buying an additional 1,946 shares during the period. Clearstead Advisors LLC grew its position in shares of MasterBrand by 165.2% during the 4th quarter. Clearstead Advisors LLC now owns 4,228 shares of the company’s stock worth $47,000 after buying an additional 2,634 shares during the period. Finally, Jones Financial Companies Lllp grew its position in shares of MasterBrand by 26.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock worth $76,000 after buying an additional 1,177 shares during the period. 87.32% of the stock is currently owned by institutional investors and hedge funds.

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.