David Petratis Purchases 11,587 Shares of MasterBrand (NYSE:MBC) Stock

MasterBrand, Inc. (NYSE:MBC) Director David Petratis purchased 11,587 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was acquired at an average price of $8.82 per share, for a total transaction of $102,197.34. Following the completion of the purchase, the director directly owned 69,915 shares of the company’s stock, valued at $616,650.30. This represents a 19.87% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

MasterBrand Stock Performance

Shares of MBC stock traded up $0.21 on Tuesday, hitting $8.79. The company’s stock had a trading volume of 2,698,835 shares, compared to its average volume of 2,722,274. 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 stock’s 50 day moving average is $8.31 and its 200-day moving average is $10.07. MasterBrand, Inc. has a fifty-two week low of $6.61 and a fifty-two week high of $14.22. The company has a market capitalization of $1.12 billion, a PE ratio of -439.23 and a beta of 1.48.

MasterBrand (NYSE:MBC) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $591.35 million. During the same period in the prior year, the company posted $0.18 earnings per share. MasterBrand’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.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Axiom Investment Management LLC bought a new position in shares of MasterBrand in the first quarter worth about $29,000. Bank of America Corp DE lifted its holdings in shares of MasterBrand by 37.8% in the first quarter. Bank of America Corp DE now owns 506,110 shares of the company’s stock worth $4,206,000 after acquiring an additional 138,792 shares during the last quarter. Amundi lifted its holdings in shares of MasterBrand by 24.6% in the first quarter. Amundi now owns 17,972 shares of the company’s stock worth $149,000 after acquiring an additional 3,544 shares during the last quarter. California State Teachers Retirement System lifted its holdings in shares of MasterBrand by 34.5% in the first quarter. California State Teachers Retirement System now owns 165,489 shares of the company’s stock worth $1,375,000 after acquiring an additional 42,456 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of MasterBrand by 3.1% in the first quarter. Empowered Funds LLC now owns 476,219 shares of the company’s stock worth $3,957,000 after acquiring an additional 14,367 shares during the last quarter. Institutional investors own 87.32% of the company’s stock.

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.