Masonite International Corporation (NYSE:DOOR) Director Robert J. Byrne purchased 1,500 shares of Masonite International Corporation stock in a transaction that occurred on Wednesday, August 16th. The shares were purchased at an average price of $60.81 per share, for a total transaction of $91,215.00. Following the transaction, the director now directly owns 9,633 shares in the company, valued at approximately $585,782.73. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Masonite International Corporation (NYSE DOOR) traded up 0.25% during trading on Thursday, hitting $60.90. 602,506 shares of the stock traded hands. The company has a 50-day moving average price of $73.70 and a 200-day moving average price of $75.55. Masonite International Corporation has a 12 month low of $50.40 and a 12 month high of $85.30. The stock has a market cap of $1.80 billion, a PE ratio of 19.13 and a beta of 1.26.

Masonite International Corporation (NYSE:DOOR) last announced its quarterly earnings data on Wednesday, August 9th. The company reported $0.89 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.11 by $0.22. Masonite International Corporation had a net margin of 4.95% and a return on equity of 14.01%. The business had revenue of $519.70 million during the quarter, compared to analysts’ expectations of $547.79 million. During the same period last year, the company posted $1.02 EPS. Masonite International Corporation’s revenue for the quarter was up 1.1% on a year-over-year basis. Equities research analysts expect that Masonite International Corporation will post $3.37 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This piece was first posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another website, it was stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/08/17/masonite-international-corporation-door-director-robert-j-byrne-acquires-1500-shares.html.

A number of large investors have recently bought and sold shares of DOOR. BlackRock Inc. raised its stake in Masonite International Corporation by 84,431.7% in the first quarter. BlackRock Inc. now owns 2,133,580 shares of the company’s stock worth $169,086,000 after buying an additional 2,131,056 shares in the last quarter. Clearbridge Investments LLC raised its stake in Masonite International Corporation by 71.2% in the first quarter. Clearbridge Investments LLC now owns 955,984 shares of the company’s stock worth $75,762,000 after buying an additional 397,684 shares in the last quarter. Wellington Management Group LLP raised its stake in Masonite International Corporation by 20.2% in the first quarter. Wellington Management Group LLP now owns 1,789,122 shares of the company’s stock worth $141,789,000 after buying an additional 301,135 shares in the last quarter. Praesidium Investment Management Company LLC raised its stake in Masonite International Corporation by 30.7% in the first quarter. Praesidium Investment Management Company LLC now owns 1,152,496 shares of the company’s stock worth $91,335,000 after buying an additional 270,891 shares in the last quarter. Finally, Koch Industries Inc. purchased a new stake in Masonite International Corporation during the second quarter worth approximately $248,000. Institutional investors own 97.91% of the company’s stock.

Several analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Masonite International Corporation from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 26th. Instinet reduced their price target on shares of Masonite International Corporation from $90.00 to $86.00 and set a “buy” rating on the stock in a research report on Tuesday, May 9th. Royal Bank Of Canada reiterated a “buy” rating and set a $92.00 price target on shares of Masonite International Corporation in a research report on Monday, July 24th. Wedbush reiterated an “outperform” rating and set a $85.00 price target on shares of Masonite International Corporation in a research report on Friday, June 16th. Finally, Nomura set a $77.00 price target on shares of Masonite International Corporation and gave the stock a “buy” rating in a research report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company’s stock. Masonite International Corporation currently has a consensus rating of “Buy” and an average target price of $77.50.

About Masonite International Corporation

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. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.

Receive News & Ratings for Masonite International Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masonite International Corporation and related companies with MarketBeat.com's FREE daily email newsletter.