Key Points
- Major shareholder Forager sold a total of 61,344 Mastercraft Boat shares across Feb 17–19 (including 19,050 shares on Feb 18 at $23.72), raising roughly $1.45 million and reducing its stake by 1.13% to 1,667,905 shares valued at about $39.56 million.
- Mastercraft recently beat quarterly expectations with $0.29 EPS on $71.76M revenue and set FY 2026 guidance of $1.45–1.60 EPS; the stock trades near $23.26 with a market cap of $378.7M and a consensus price target of $23.60.
Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT - Get Free Report) major shareholder Fund L.P. Forager sold 12,163 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $23.74, for a total value of $288,749.62. Following the transaction, the insider owned 1,686,955 shares of the company's stock, valued at $40,048,311.70. This trade represents a 0.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
Fund L.P. Forager also recently made the following trade(s):
- On Thursday, February 19th, Fund L.P. Forager sold 30,131 shares of Mastercraft Boat stock. The stock was sold at an average price of $23.43, for a total value of $705,969.33.
- On Wednesday, February 18th, Fund L.P. Forager sold 19,050 shares of Mastercraft Boat stock. The stock was sold at an average price of $23.72, for a total value of $451,866.00.
Mastercraft Boat Price Performance
Shares of MCFT stock traded down $0.41 during trading hours on Friday, reaching $23.23. 41,937 shares of the stock were exchanged, compared to its average volume of 133,017. The business's fifty day moving average is $21.41 and its two-hundred day moving average is $20.84. The firm has a market capitalization of $378.10 million, a P/E ratio of 24.19 and a beta of 1.07. Mastercraft Boat Holdings, Inc. has a 12-month low of $14.39 and a 12-month high of $26.49.
Mastercraft Boat (NASDAQ:MCFT - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.13. The company had revenue of $71.76 million for the quarter, compared to analysts' expectations of $68.79 million. Mastercraft Boat had a return on equity of 9.51% and a net margin of 5.27%.Mastercraft Boat's quarterly revenue was up 13.2% on a year-over-year basis. During the same period last year, the firm earned $0.10 earnings per share. Mastercraft Boat has set its Q3 2026 guidance at 0.350-0.350 EPS and its FY 2026 guidance at 1.450-1.600 EPS. As a group, equities research analysts predict that Mastercraft Boat Holdings, Inc. will post 0.62 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several analysts recently commented on MCFT shares. Zacks Research upgraded shares of Mastercraft Boat from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 14th. B. Riley Financial reaffirmed a "neutral" rating on shares of Mastercraft Boat in a report on Friday, February 6th. Seaport Research Partners upgraded shares of Mastercraft Boat to a "hold" rating in a research note on Monday, December 22nd. Truist Financial set a $21.00 price target on Mastercraft Boat in a report on Friday, October 24th. Finally, Wall Street Zen raised Mastercraft Boat from a "buy" rating to a "strong-buy" rating in a research note on Saturday, January 17th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Mastercraft Boat presently has a consensus rating of "Hold" and an average target price of $23.60.
Read Our Latest Stock Report on MCFT
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. New York State Teachers Retirement System purchased a new position in Mastercraft Boat in the third quarter worth $32,000. State of Alaska Department of Revenue purchased a new position in shares of Mastercraft Boat in the 4th quarter valued at about $42,000. State of Wyoming purchased a new position in shares of Mastercraft Boat in the 2nd quarter valued at about $61,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Mastercraft Boat in the fourth quarter valued at about $63,000. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of Mastercraft Boat in the third quarter valued at about $74,000. Institutional investors and hedge funds own 97.64% of the company's stock.
About Mastercraft Boat
(
Get Free Report)
MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) is a designer, manufacturer and marketer of high-performance recreational powerboats. The company's portfolio includes the MasterCraft®, Aviara®, Crest® Classic and Supra® brands, each of which features multiple model lines tailored for activities such as wakeboarding, waterskiing, cruising and luxury day boating. MasterCraft oversees the full product lifecycle from hull design and propulsion engineering to interior appointments and final assembly.
Founded in 1968 and headquartered in Vonore, Tennessee, MasterCraft has built a reputation for innovation in hull design, ballast systems and tower architecture to enhance wake performance and ride quality.
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