SG Americas Securities LLC Sells 618,235 Shares of MasterBrand, Inc. $MBC

SG Americas Securities LLC lowered its position in shares of MasterBrand, Inc. (NYSE:MBC) by 83.8% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 119,639 shares of the company’s stock after selling 618,235 shares during the quarter. SG Americas Securities LLC owned about 0.09% of MasterBrand worth $994,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of MasterBrand by 696.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,012 shares of the company’s stock valued at $33,000 after acquiring an additional 2,634 shares in the last quarter. IFP Advisors Inc boosted its holdings in MasterBrand by 124.4% in the 4th quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock valued at $39,000 after purchasing an additional 1,946 shares during the period. Clearstead Advisors LLC boosted its holdings in MasterBrand by 165.2% in the 4th quarter. Clearstead Advisors LLC now owns 4,228 shares of the company’s stock valued at $47,000 after purchasing an additional 2,634 shares during the period. CIBC Private Wealth Group LLC grew its position in shares of MasterBrand by 58.8% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,812 shares of the company’s stock worth $77,000 after purchasing an additional 2,153 shares in the last quarter. Finally, McMillan Office Inc. acquired a new position in shares of MasterBrand during the 4th quarter worth approximately $85,000. Institutional investors own 87.32% of the company’s stock.

Insider Activity at MasterBrand

In other news, Director Philip D. Fracassa acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were acquired at an average cost of $9.11 per share, with a total value of $45,550.00. Following the completion of the purchase, the director directly owned 45,041 shares of the company’s stock, valued at $410,323.51. The trade was a 12.49% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director David D. Petratis acquired 11,587 shares of the stock in a transaction on Monday, June 8th. The shares were purchased at an average price of $8.82 per share, with a total value of $102,197.34. Following the completion of the transaction, the director owned 69,915 shares of the company’s stock, valued at approximately $616,650.30. This represents a 19.87% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 81,587 shares of company stock worth $696,347 in the last 90 days. Corporate insiders own 2.04% of the company’s stock.

MasterBrand Stock Down 0.1%

MBC stock opened at $9.87 on Friday. MasterBrand, Inc. has a 52 week low of $6.61 and a 52 week high of $14.22. The business has a 50-day simple moving average of $8.59 and a 200 day simple moving average of $9.85. The company has a quick ratio of 1.31, a current ratio of 2.08 and a debt-to-equity ratio of 0.82. The company has a market cap of $1.26 billion, a PE ratio of -493.45 and a beta of 1.38.

MasterBrand (NYSE:MBC) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.10. MasterBrand had a negative net margin of 0.07% and a positive return on equity of 7.35%. The firm had revenue of $618.00 million for the quarter, compared to the consensus estimate of $591.35 million. During the same period in the prior year, the company posted $0.18 earnings per share. The business’s revenue for the quarter was down 6.4% on a year-over-year basis. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of MasterBrand from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

MasterBrand Profile

MasterBrand Inc is one of the largest manufacturers of cabinetry and home storage solutions in North America. The company specializes in designing, producing and distributing kitchen and bath cabinetry for both new construction and the remodeling markets. Its offerings span a broad spectrum of styles and price points, serving homebuilders, home improvement retailers and independent dealers.

MasterBrand’s product portfolio includes framed and frameless cabinet lines, bath vanities, closet systems and other organizational accessories.