Masonite International Corp (DOOR) Files Form 4 Insider Selling : Robert Edgar Lewis Sells 3,500 Shares

Masonite International Corp (DOOR): Robert Edgar Lewis , officer of Masonite International Corp sold 3,500 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $69.67 per share for a total value of $243,845.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 12, 2016, Frederick J Lynch (President and CEO) sold 72,417 shares at $69.02 per share price.On May 11, 2016, Gail N Auerbach (Senior VP, Human Resources) sold 1,800 shares at $70.00 per share price.Also, On Aug 17, 2015, Robert Edgar Lewis (officer ) sold 2,300 shares at $64.98 per share price.On May 28, 2015, Lawrence P Repar (officer ) sold 26,095 shares at $67.83 per share price.

Shares of Masonite International Corp (DOOR) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.46 points or -0.67% at $68.63 with 1,45,946 shares getting traded. Post opening the session at $69.02, the shares hit an intraday low of $68.11 and an intraday high of $69.68 and the price vacillated in this range throughout the day. The company has a market cap of $2,080 M and the number of outstanding shares has been calculated to be 3,03,03,303 shares. The 52-week high of Masonite International Corp is $73.26 and the 52-week low is $45.14.

Masonite International Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Masonite International Corp is Reiterated by Imperial Capital to Outperform and the brokerage firm has raised the Price Target to $ 82.50 from a previous price target of $80 .The Rating was issued on May 6, 2016.Masonite International Corp is Reiterated by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 89 from a previous price target of $87 .The Rating was issued on May 6, 2016.Masonite International Corp is Initiated by Robert W. Baird to Outperform and the brokerage firm has set the Price Target at $75. The Rating was issued on Apr 8, 2016.

Masonite International Corporation is a designer and manufacturer of interior and exterior doors for residential construction residential repair renovation and remodeling and the non-residential building construction markets. The Company markets and sells its products to remodeling contractors builders homeowners retailers dealers lumberyards commercial and general contractors and architects through wholesale and retail distribution channels. Its portfolio of brands include Masonite Marshfield Premdor Mohawk Megantic Algoma Birchwood Best Lemieux Door-Stop and Harring Doors among others. Its other products also include the Vista Grande Storm Guard AvantGuard and Heritage Collection. Its product lines include residential doors architectural doors and components. The Company operates under the following geographical segments: North America; Europe Asia and Latin America and Africa.

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