Simplicity Solutions LLC purchased a new stake in Masonite International Co. (NYSE:DOOR – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,480 shares of the company’s stock, valued at approximately $1,133,000. Simplicity Solutions LLC owned about 0.06% of Masonite International as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ensign Peak Advisors Inc acquired a new stake in shares of Masonite International in the third quarter valued at approximately $32,000. Federated Hermes Inc. increased its stake in Masonite International by 55.0% during the third quarter. Federated Hermes Inc. now owns 513 shares of the company’s stock worth $37,000 after acquiring an additional 182 shares during the last quarter. Point72 Hong Kong Ltd acquired a new stake in Masonite International during the first quarter worth $46,000. Covestor Ltd acquired a new stake in Masonite International during the first quarter worth $55,000. Finally, Mendota Financial Group LLC acquired a new stake in Masonite International during the fourth quarter worth $99,000.
Masonite International Trading Up 2.2 %
NYSE:DOOR opened at $104.49 on Tuesday. The stock has a fifty day moving average price of $97.17 and a 200 day moving average price of $91.40. The company has a current ratio of 3.39, a quick ratio of 2.10 and a debt-to-equity ratio of 1.43. Masonite International Co. has a 12-month low of $65.71 and a 12-month high of $104.61. The firm has a market cap of $2.31 billion, a PE ratio of 12.73 and a beta of 1.62.
Insider Transactions at Masonite International
In other news, CAO Catherine Anne Shellabarger sold 803 shares of Masonite International stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $93.50, for a total transaction of $75,080.50. Following the sale, the chief accounting officer now owns 3,769 shares in the company, valued at $352,401.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Alexander Albert Legall sold 1,700 shares of the business’s stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $92.01, for a total value of $156,417.00. Following the transaction, the insider now owns 3,257 shares in the company, valued at approximately $299,676.57. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Catherine Anne Shellabarger sold 803 shares of the business’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $93.50, for a total value of $75,080.50. Following the completion of the transaction, the chief accounting officer now owns 3,769 shares in the company, valued at approximately $352,401.50. The disclosure for this sale can be found here. Insiders own 1.21% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have issued reports on DOOR. Royal Bank of Canada raised their target price on Masonite International from $95.00 to $105.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 10th. StockNews.com raised Masonite International from a “hold” rating to a “buy” rating in a research note on Monday, June 19th. Robert W. Baird lifted their price objective on Masonite International from $110.00 to $115.00 in a research note on Wednesday, May 10th. Finally, Stifel Nicolaus lifted their price objective on Masonite International from $102.00 to $115.00 in a research note on Wednesday, May 10th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $108.67.
Masonite International Company Profile
Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. It offers molded panel, flush, stile and rail, steel, and fiberglass residential doors, as well as medium-density fiberboard (MDF) and architectural interior doors.
Featured Stories
- Five stocks we like better than Masonite International
- Is It Time To Take Another Bite Of Chewy, Inc?
- GreenPower Motor Company Shifts Into High Gear
- Is the Microsoft Deal Driving Applied Optoelectronics 300% Gain?
- Can Unity Software Sustain The Momentum?
- Nvidia Invested $50 million into This AI Drug Discovery Biotech
Want to see what other hedge funds are holding DOOR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Masonite International Co. (NYSE:DOOR – Free Report).
Receive News & Ratings for Masonite International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masonite International and related companies with MarketBeat.com's FREE daily email newsletter.
