Figma Shares Indicated To Open $105/$110
In a recent SEC filing, Masco Corp (NYSE:MAS), a company with strong financial health according to InvestingPro analysis, disclosed that Renee Straber, the company’s VP and Chief HR Officer, sold a portion of her holdings in the company. The company, currently trading near its Fair Value, has maintained dividend payments for 55 consecutive years and boasts a healthy 1.75 current ratio. On March 11, Straber sold 3,139 shares of Masco Corp’s common stock at a price of $71.775 per share. This transaction amounted to a total value of approximately $225,301.
Following this sale, Straber retains ownership of 33,027 shares in Masco Corp. The transaction was reported to the SEC on March 13, with the filing signed by Yvette M. VanRiper under power of attorney.
In other recent news, Masco Corporation reported its fourth-quarter earnings, revealing adjusted earnings per share of $0.89, slightly surpassing the consensus estimate of $0.88. However, the company’s revenue declined by 3% year-over-year to $1.83 billion, falling short of expectations set at $1.84 billion. The Plumbing Products segment experienced a 1% drop in net sales, while Decorative Architectural Products saw a 6% decrease. Despite these results, Masco’s full-year 2025 outlook projects earnings per share between $4.20 and $4.45, exceeding the analyst consensus of $4.09.
In leadership news, Masco announced the appointment of Jonathon Nudi as the new President and CEO, effective July 7, 2025. Nudi, who has extensive experience from General Mills (NYSE:GIS), succeeds Keith Allman, who is retiring after 27 years with the company. Meanwhile, Citi analyst Anthony Pettinari raised Masco’s stock price target to $78 from $77, maintaining a Neutral rating. Pettinari noted that while the company faces challenges such as tariffs and sluggish demand in certain segments, it also benefits from factors like stronger projected margins in its Decorative Architectural segment. These developments come as Masco continues to navigate the competitive landscape of the home improvement and building products market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.