Insider Buying: MasterBrand (NYSE:MBC) CEO Buys 60,000 Shares of Stock

MasterBrand, Inc. (NYSE:MBC) CEO R David Banyard acquired 60,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was bought at an average price of $8.43 per share, with a total value of $505,800.00. Following the purchase, the chief executive officer directly owned 1,831,788 shares in the company, valued at approximately $15,441,972.84. This trade represents a 3.39% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

MasterBrand Stock Down 2.0%

Shares of MBC traded down $0.17 during midday trading on Tuesday, hitting $8.48. The company had a trading volume of 7,612,612 shares, compared to its average volume of 4,316,699. The company’s 50-day simple moving average is $8.29 and its 200-day simple moving average is $10.13. 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 has a market capitalization of $1.08 billion, a P/E ratio of -423.64 and a beta of 1.48. MasterBrand, Inc. has a 1 year low of $6.61 and a 1 year high of $14.22.

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

Institutional Investors Weigh In On MasterBrand

Several hedge funds have recently modified their holdings of the stock. ProShare Advisors LLC lifted its holdings in shares of MasterBrand by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 24,702 shares of the company’s stock worth $273,000 after purchasing an additional 767 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of MasterBrand by 26.7% during the third quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock worth $76,000 after purchasing an additional 1,177 shares during the period. Gamco Investors INC. ET AL increased its position in shares of MasterBrand by 1.4% in the second quarter. Gamco Investors INC. ET AL now owns 88,754 shares of the company’s stock valued at $970,000 after buying an additional 1,230 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of MasterBrand by 10.0% in the fourth quarter. Osaic Holdings Inc. now owns 15,543 shares of the company’s stock valued at $172,000 after buying an additional 1,409 shares in the last quarter. Finally, Sei Investments Co. increased its position in shares of MasterBrand by 4.8% in the second quarter. Sei Investments Co. now owns 35,513 shares of the company’s stock valued at $388,000 after buying an additional 1,618 shares in the last quarter. 87.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MBC has been the subject of several recent analyst reports. Wall Street Zen cut MasterBrand from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Weiss Ratings cut MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company 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.