Masonite International Corp Insider Glenwood E. Coulter, Jr. Sells 5,000 Shares (DOOR)
Masonite International Corp (NYSE:DOOR) Insider Glenwood E. Coulter, Jr. sold 5,000 shares of Masonite International Corp stock on the open market in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $56.27, for a total transaction of $281,350.00. Following the completion of the transaction, the insider now directly owns 51,506 shares of the company’s stock, valued at approximately $2,898,243. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Masonite International Corp (NYSE:DOOR) traded down 1.17% on Tuesday, hitting $54.85. 318,582 shares of the company’s stock traded hands. Masonite International Corp has a 1-year low of $45.00 and a 1-year high of $62.25. The stock’s 50-day moving average is $54.13 and its 200-day moving average is $55.5. The company’s market cap is $1.614 billion.
Several analysts have recently commented on the stock. 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. 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.
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