MasterBrand Inc’s filing revealed that its VP, Chief Accounting Officer Young Mark A. unloaded Company’s shares for reported $77003.0 on Sep 13 ’24. In the deal valued at $16.33 per share,4,715 shares were sold. As a result of this transaction, Young Mark A. now holds 45,148 shares worth roughly $0.74 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Mark Young bought 4,715 shares, generating $76,995 in total proceeds.
Before that, HACKETT ANN F sold 17,589 shares. MasterBrand Inc shares valued at $280,553 were divested by the Director at a price of $15.95 per share. As a result of the transaction, HACKETT ANN F now holds 45,520 shares, worth roughly $0.75 million.
Loop Capital upgraded its MasterBrand Inc [MBC] rating to a Buy from a a Hold in a research note published on May 10, 2023; the price target was increased to $13 from $9.
Price Performance Review of MBC
On Tuesday, MasterBrand Inc [NYSE:MBC] saw its stock fall -2.26% to $16.41. Over the last five days, the stock has lost -4.81%. MasterBrand Inc shares have risen nearly 10.51% since the year began. Nevertheless, the stocks have risen 13.56% over the past one year. While a 52-week high of $20.67 was reached on 11/06/24, a 52-week low of $13.37 was recorded on 02/05/24. SMA at 50 days reached $17.59, while 200 days put it at $16.89.
Levels Of Support And Resistance For MBC Stock
The 24-hour chart illustrates a support level at 16.26, which if violated will result in even more drops to 16.12. On the upside, there is a resistance level at 16.68. A further resistance level may holdings at 16.96. The Relative Strength Index (RSI) on the 14-day chart is 39.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.06%. Stochastics %K at 10.84% indicates the stock is a buying.
How much short interest is there in MasterBrand Inc?
A steep rise in short interest was recorded in MasterBrand Inc stocks on 2024-11-29, growing by 0.77 million shares to a total of 4.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.56 million shares. There was a rise of 17.84%, which implies that there is a positive sentiment for the stock.
