Today it was reported that a Director at Masco Corp (MAS), Richard Manoogian, exercised options to sell 150,000 MAS shares at $7.04 a share, for a total transaction value of $4.61M.
Following Richard Manoogian’s last MAS Sell transaction on March 16, 2016, the stock climbed by 2.2%.
See today’s analyst top recommended stocks >>
Based on Masco Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $2.1 billion and quarterly net profit of $180 million. In comparison, last year the company earned revenue of $1.94 billion and had a net profit of $147 million. The Company has a Price to Book ratio of 263.7030. MAS’s market cap is $9.49B and the company has a P/E ratio of 15.66.
Based on 15 analyst ratings, the analyst consensus is Strong Buy with an average price target of $40.08, reflecting a 28.0% upside.
The insider sentiment on Masco Corp has been negative according to 46 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Masco Corp. engages in the design, manufacture, marketing, and distribution of branded home improvement and building products. It operates through the following business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows & Other Specialty Products.
