Insider Selling: Masonite International Corp Insider Sells 2,000 Shares of Stock (DOOR)
Masonite International Corp (NYSE:DOOR) Insider Glenwood E. Coulter, Jr. unloaded 2,000 shares of the company’s stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $53.25, for a total transaction of $106,500.00. Following the sale, the insider now directly owns 59,806 shares of the company’s stock, valued at approximately $3,184,670. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Masonite International Corp (NYSE:DOOR) traded up 0.60% during mid-day trading on Monday, hitting $53.70. 296,506 shares of the company’s stock traded hands. Masonite International Corp has a 52-week low of $45.00 and a 52-week high of $62.25. The stock’s 50-day moving average is $53.1 and its 200-day moving average is $54.95. The company’s market cap is $1.580 billion.
A number of analysts have recently weighed in on DOOR shares. Analysts at RBC Capital cut their price target on shares of Masonite International Corp from $65.00 to $60.00 in a research note on Friday, May 9th. Separately, analysts at Imperial Capital initiated coverage on shares of Masonite International Corp in a research note on Tuesday, April 22nd. They set an “outperform” rating and a $66.00 price target 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.