Insider Selling: Masonite International Corp Insider Unloads 7,688 Shares of Stock (DOOR)
Masonite International Corp (NYSE:DOOR) Insider Lawrence Repar unloaded 7,688 shares of the company’s stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $59.00, for a total value of $453,592.00. Following the completion of the sale, the insider now directly owns 39,344 shares in the company, valued at approximately $2,321,296. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at RBC Capital cut their price target on shares of Masonite International Corp from $57.00 to $55.00 in a research note to investors on Friday, November 8th. They now have an “outperform” rating on the stock.
Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets.
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