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MasterBrand Inc (MBC) rating upgrades by Loop Capital

In a filing, MasterBrand Inc revealed its Director Crisci Robert acquired Company’s shares for reported $0.28 million on Feb 28 ’25. In the deal valued at $14.08 per share,20,000 shares were bought. As a result of this transaction, Crisci Robert now holds 66,435 shares worth roughly $0.89 million.

Then, CHUGG JULIANA L bought 6,989 shares, generating $99,037 in total proceeds. Upon buying the shares at $14.17, the Director now owns 33,424 shares.

Before that, Young Mark A. sold 4,715 shares. MasterBrand Inc shares valued at $77,003 were divested by the VP, Chief Accounting Officer at a price of $16.33 per share. As a result of the transaction, Young Mark A. now holds 45,148 shares, worth roughly $0.6 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 Friday, MasterBrand Inc [NYSE:MBC] saw its stock jump 3.00% to $13.39. Over the last five days, the stock has lost -2.83%. MasterBrand Inc shares have fallen nearly -8.35% since the year began. Nevertheless, the stocks have fallen -25.11% over the past one year. While a 52-week high of $20.67 was reached on 01/27/25, a 52-week low of $12.68 was recorded on 03/04/25. SMA at 50 days reached $15.56, while 200 days put it at $16.28.

Levels Of Support And Resistance For MBC Stock

The 24-hour chart illustrates a support level at 13.09, which if violated will result in even more drops to 12.78. On the upside, there is a resistance level at 13.63. A further resistance level may holdings at 13.87. The Relative Strength Index (RSI) on the 14-day chart is 35.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.17%. Stochastics %K at 25.21% indicates the stock is a holding.

How much short interest is there in MasterBrand Inc?

A steep rise in short interest was recorded in MasterBrand Inc stocks on 2025-02-28, growing by 42967.0 shares to a total of 3.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.64 million shares. There was a rise of 1.17%, which implies that there is a positive sentiment for the stock.

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