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 $539,450 were purchased by Forager Fund, L.P. on May 01 ’25. At $16.66 per share, Forager Fund, L.P. acquired 32,378 shares. The insider’s holdings grew to 1,802,975 shares worth approximately $32.33 million following the completion of this transaction.
Also, Forager Fund, L.P. purchased 9,822 shares, netting a total of over 159,763 in proceeds. Following the buying of shares at $16.27 each, the insider now holds 1,762,797 shares.
Before that, Forager Fund, L.P. had added 7,800 shares to its account. In a trade valued at $126,690, the 10% Owner bought MasterCraft Boat Holdings Inc shares for $16.24 each. Upon closing the transaction, the insider’s holdings increased to 7,800 shares, worth approximately $31.75 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
On last trading session,, MasterCraft Boat Holdings Inc [NASDAQ: MCFT] plunged -1.05% to $17.93. The stock’s lowest price that day was $17.91, but it reached a high of $18.635 in the same session. During the last five days, there has been a drop of approximately -4.12%. Over the course of the year, MasterCraft Boat Holdings Inc shares have dropped approximately -5.98%. 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.
Support And Resistance Levels for MasterCraft Boat Holdings Inc (MCFT)
According to the 24-hour chart, there is a support level at 17.67, which, if violated, would cause prices to drop to 17.42. In the upper region, resistance lies at 18.41. The next price resistance is at 18.89. RSI (Relative Strength Index) is 53.03 on the 14-day chart, showing neutral technical sentiment.
Is MasterCraft Boat Holdings Inc subject to short interest?
Stocks of MasterCraft Boat Holdings Inc saw a sharp rise in short interest on 2025-05-30 jumping by 21539.0 shares to 0.94 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.92 million shares. A jump of 2.29% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 10.13 of the overall float, the days-to-cover ratio (short ratio) jumped to 10.13.
Which companies own the most shares of MasterCraft Boat Holdings Inc (MCFT)?
In terms of MasterCraft Boat Holdings Inc share price expectations, FactSet research, analysts set an average price target of 20 in the next 12 months, up nearly 10.38% from the previous closing price of $18.12. Analysts anticipate MasterCraft Boat Holdings Inc stock to reach 20 by 2025, with the lowest price target being 20. In spite of this, 1 analysts ranked MasterCraft Boat Holdings Inc stock as Buy at the end of 2025. On August 19, 2022, Stifel assigned a price target of “a Buy” to the stock and initiated coverage with a $35.
