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Masonite International Corp (NYSE:DOOR) CEO Frederick J. Lynch unloaded 1,000 shares of the stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $55.00, for a total value of $55,000.00. Following the sale, the chief executive officer now directly owns 251,949 shares of the company’s stock, valued at approximately $13,857,195. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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.

Shares of Masonite International Corp (NYSE:DOOR) traded up 1.72% during mid-day trading on Tuesday, hitting $55.68. 554,433 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 has a 50-day moving average of $52.9 and a 200-day moving average of $55.10. The company’s market cap is $1.639 billion. Masonite International Corp also saw a large increase in short interest in the month of May. As of May 30th, there was short interest totalling 2,192,802 shares, an increase of 77.3% from the May 15th total of 1,236,495 shares. Approximately 8.2% of the company’s stock are sold short. Based on an average daily volume of 235,602 shares, the days-to-cover ratio is currently 9.3 days.

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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