Masonite International Corp (DOOR): Robert J Byrne , director of Masonite International Corp sold 1,750 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $69.49 per share for a total value of $121,607.50 , 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 16, 2016, Robert Edgar Lewis (officer ) sold 3,500 shares at $69.67 per share price.On May 12, 2016, Frederick J Lynch (President and CEO) sold 72,417 shares at $69.02 per share price.Also, On May 11, 2016, Gail N Auerbach (Senior VP, Human Resources) sold 1,800 shares at $70.00 per share price.On May 28, 2015, Lawrence P Repar (officer ) sold 26,095 shares at $67.83 per share price.
Masonite International Corp: On Friday, May 20, 2016 heightened volatility was witnessed in Masonite International Corp which led to swings in the share price. The shares opened for trading at $68.89 and hit $69.75 on the upside , eventually ending the session at $69.71, with a gain of 1.80% or 1.23 points. The heightened volatility saw the trading volume jump to 2,76,976 shares. The 52-week high of the share price is $73.26 and the company has a market cap of $2,112,422 M . The 52-week low of the share price is at $45.14.
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.