Masonite International Corporation’s recently made public that its VP & Chief Accounting Officer Shellabarger Catherine Anne unloaded Company’s shares for reported $75080.0 on Jun 02. In the deal valued at $93.50 per share,803 shares were sold. As a result of this transaction, Shellabarger Catherine Anne now holds 3,769 shares worth roughly $ 0.39 million.
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Then, Legall Alexander Albert sold 1,700 shares, generating $156,417 in total proceeds. Upon selling the shares at $92.01, the insider now owns 3,257 shares.
Before that, Byrne Robert J sold 2,500 shares. Masonite International Corporation shares valued at $226,450 were divested by the Director at a price of $90.58 per share. As a result of the transaction, Byrne Robert J now holds 946 shares, worth roughly $98942.14.
RBC Capital Mkts reiterated its Masonite International Corporation [DOOR] rating to a Sector perform in a research note published on Friday, May 10, 2023; the price target was $105. PT values the company’s stock at a premium of 0.39 to its Friday closing price.
Price Performance Review of DOOR
On Friday, Masonite International Corporation [NYSE:DOOR] saw its stock jump 1.83% to $104.59. On the same session, the stock had its day’s lowest price of $103.29, but rose to a high of $105.63. Over the last five days, the stock has gained 5.41%. Masonite International Corporation shares have risen nearly 29.75% since the year began. Nevertheless, the stocks have risen 27.83% over the past one year. While a 52-week high of $109.58 was reached on 08/16/23, a 52-week low of $65.71 was recorded on 01/03/23. SMA at 50 days reached $102.69, while 200 days put it at $91.10. A total of 0.14 million shares were traded, compared to the trading of 99700.0 shares in the previous session.
Levels Of Support And Resistance For DOOR Stock
The 24-hour chart illustrates a support level at 103.38, which if violated will result in even more drops to 102.16. On the upside, there is a resistance level at 105.72. A further resistance level may holdings at 106.84. The Relative Strength Index (RSI) on the 14-day chart is 54.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.87%. Stochastics %K at 48.21% indicates the stock is a holding.
How much short interest is there in Masonite International Corporation?
A steep rise in short interest was recorded in Masonite International Corporation stocks on Aug 14, 2023, growing by 32320.0 shares to a total of 0.45 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 0.42 million shares. There was a rise of 7.16%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.32% of the overall stock float, the days-to-cover ratio (short ratio) rose to 4.33.
Masonite International Corporation [DOOR] – Who Are The Largest Shareholders?
In filings from The Vanguard Group, Inc., it is revealed that the company now owns 2,182,894 shares, or roughly 9.87% of the outstanding DOOR shares. In other words, the investor’s shares have fallen by -54,533 from its previous 13-F filing of 2237427.0. Additionally, ClearBridge Investments LLC decreased -13.66% of its stake after which the total value it holdings stand at $166,726,094, while BlackRock Fund Advisors added 4.84% of its stake to hold $147.72 million in the firm. Over the last quarter, Fidelity Management & Research Co purchased 374,663 shares of Masonite International Corporation, while AllianceBernstein LP bought -332,455 shares. At present, Franklin Mutual Advisers LLC is holding 876,255 shares valued at $91.61 million. Pzena Investment Management LLC owned 804,437 shares of the company at the time of its most recent 13F filing, worth $84.1 million.
According to FactSet, Masonite International Corporation’s share price will average $122.11 in the next year, based on opinions of analysts polled by the firm. This is up nearly 19.75 percent from its previous closing price of $102.71. Analysts expect Masonite International Corporation stock to reach the higher price of $133.00, while the lowest price estimate is $106.00. However, 8 analysts have rated DOOR stock as a Buy in their predictions for 2023.