The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. MasterCraft Boat Holdings Inc shares valued at $176,739 were purchased by Forager Fund, L.P. on Apr 17 ’25. At $15.82 per share, Forager Fund, L.P. acquired 11,172 shares. The insider’s holdings grew to 1,724,941 shares worth approximately $27.6 million following the completion of this transaction.
Also, Forager Fund, L.P. purchased 11,416 shares, netting a total of over 175,943 in proceeds. Following the buying of shares at $15.41 each, the insider now holds 1,713,769 shares.
Before that, Forager Fund, L.P. had added 4,658 shares to its account. In a trade valued at $70,311, the 10% Owner bought MasterCraft Boat Holdings Inc shares for $15.09 each. Upon closing the transaction, the insider’s holdings increased to 4,658 shares, worth approximately $27.24 million.
As published in a research note from Robert W. Baird on April 04, 2025, MasterCraft Boat Holdings Inc [MCFT] has been rated down from an Outperform to a Neutral and the price target has been revised to $20. Analysts at B. Riley Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late August. As of May 31, 2023, DA Davidson has initiated its “Neutral” rating for MCFT. Earlier on April 19, 2023, KeyBanc Capital Markets initiated its rating. Their recommendation was “a Sector weight” for MCFT stock.
Analyzing MCFT Stock Performance
During the last five days, there has been a surge of approximately 1.27%. Over the course of the year, MasterCraft Boat Holdings Inc shares have dropped approximately -16.10%. Shares of the company reached a 52-week high of $21.80 on 02/06/25 and a 52-week low of $14.39 on 04/09/25. A 50-day SMA is recorded $17.46, while a 200-day SMA reached $18.59.
Support And Resistance Levels for MasterCraft Boat Holdings Inc (MCFT)
According to the 24-hour chart, there is a support level at 15.56, which, if violated, would cause prices to drop to 15.12. In the upper region, resistance lies at 16.25. The next price resistance is at 16.51. RSI (Relative Strength Index) is 45.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.48, which suggests the price will decrease in the coming days. Percent R is at 48.97%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
