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Loop Capital gives a Buy recommendation for MasterBrand Inc (MBC)

MasterBrand Inc’s recently made public that 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 $0.83 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 $0.56 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 1.71% to $12.51. Over the last five days, the stock has lost -4.50%. MasterBrand Inc shares have fallen nearly -14.37% since the year began. Nevertheless, the stocks have fallen -32.20% over the past one year. While a 52-week high of $20.67 was reached on 01/27/25, a 52-week low of $12.18 was recorded on 04/04/25. SMA at 50 days reached $14.81, while 200 days put it at $16.08.

Levels Of Support And Resistance For MBC Stock

The 24-hour chart illustrates a support level at 11.91, which if violated will result in even more drops to 11.31. On the upside, there is a resistance level at 12.84. A further resistance level may holdings at 13.17. The Relative Strength Index (RSI) on the 14-day chart is 36.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.41%. Stochastics %K at 30.00% 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 2025-03-14, growing by 0.23 million shares to a total of 4.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.95 million shares. There was a rise of 5.55%, which implies that there is a positive sentiment for the stock.

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