Mastercraft Boat (NASDAQ:MCFT) Major Shareholder Coliseum Capital Management, L Acquires 33,807 Shares

Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) major shareholder Coliseum Capital Management, L bought 33,807 shares of Mastercraft Boat stock in a transaction on Thursday, December 18th. The shares were acquired at an average cost of $19.34 per share, with a total value of $653,827.38. Following the completion of the acquisition, the insider owned 3,596,422 shares of the company’s stock, valued at $69,554,801.48. The trade was a 0.95% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Coliseum Capital Management, L also recently made the following trade(s):

• On Monday, December 22nd, Coliseum Capital Management, L purchased 25,000 shares of Mastercraft Boat stock. The stock was acquired at an average price of $19.66 per share, for a total transaction of $491,500.00.
• On Friday, December 19th, Coliseum Capital Management, L purchased 76,000 shares of Mastercraft Boat stock. The shares were acquired at an average price of $19.79 per share, for a total transaction of $1,504,040.00.

Mastercraft Boat Price Performance

Shares of MCFT stock opened at $19.53 on Tuesday. The company has a market cap of $318.14 million, a price-to-earnings ratio of 20.13 and a beta of 1.09. Mastercraft Boat Holdings, Inc. has a 1 year low of $14.39 and a 1 year high of $23.93. The firm has a fifty day moving average price of $19.57 and a 200-day moving average price of $20.10.

Mastercraft Boat (NASDAQ:MCFT) last released its earnings results on Thursday, November 6th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.12. Mastercraft Boat had a return on equity of 8.09% and a net margin of 5.50%.The company had revenue of $69.00 million for the quarter, compared to the consensus estimate of $66.96 million. During the same period in the previous year, the business earned $0.12 earnings per share. Mastercraft Boat’s quarterly revenue was up 5.5% compared to the same quarter last year. Mastercraft Boat has set its FY 2026 guidance at 1.180-1.430 EPS and its Q2 2026 guidance at 0.160-0.160 EPS. Equities research analysts expect that Mastercraft Boat Holdings, Inc. will post 0.62 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Truist Financial set a $21.00 target price on shares of Mastercraft Boat in a research note on Friday, October 24th. Wall Street Zen upgraded shares of Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a research report on Sunday. Raymond James Financial lifted their target price on shares of Mastercraft Boat from $21.00 to $25.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. B. Riley upped their target price on shares of Mastercraft Boat from $17.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. Finally, Loop Capital initiated coverage on Mastercraft Boat in a research note on Monday. They issued a “hold” rating and a $21.00 price target for the company. One research analyst has rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Mastercraft Boat presently has an average rating of “Hold” and a consensus price target of $22.67.

Key Stores Impacting Mastercraft Boat

Here are the key news stories impacting Mastercraft Boat this week:

• Positive Sentiment: Major shareholder Coliseum Capital has been accumulating shares across multiple filings (Dec 18, 19 and 22), adding a total of ~134,800 shares and increasing its stake to roughly 3.7M shares — insider buying often signals management/owner confidence and can provide price support. SEC filing: Read More.
• Positive Sentiment: Media coverage highlights Coliseum’s purchases valued at roughly $2.65M, reinforcing the message that a large holder sees value at recent prices; that can attract other investors or reduce sell-side pressure. Read More.
• Positive Sentiment: MasterCraft was upgraded by Wall Street Zen (coverage noted by American Banking News), a small analyst upgrade that may support sentiment among retail/coverage-following investors. Read More.
• Neutral Sentiment: Seaport Research initiated coverage with a “neutral” rating — initiation increases analyst coverage (liquidity/visibility) but a neutral/hold view limits immediate upside from that note. Read More.

Hedge Funds Weigh In On Mastercraft Boat

A number of hedge funds and other institutional investors have recently modified their holdings of MCFT. SummerHaven Investment Management LLC boosted its holdings in shares of Mastercraft Boat by 2.0% during the 2nd quarter. SummerHaven Investment Management LLC now owns 44,177 shares of the company’s stock valued at $821,000 after purchasing an additional 854 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Mastercraft Boat by 1.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 70,694 shares of the company’s stock worth $1,313,000 after purchasing an additional 1,188 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Mastercraft Boat by 3.1% in the second quarter. First Trust Advisors LP now owns 41,276 shares of the company’s stock worth $767,000 after buying an additional 1,259 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Mastercraft Boat by 16.6% during the third quarter. Russell Investments Group Ltd. now owns 9,795 shares of the company’s stock valued at $210,000 after buying an additional 1,394 shares during the last quarter. Finally, New York State Teachers Retirement System bought a new position in Mastercraft Boat during the third quarter valued at approximately $32,000. Institutional investors own 97.64% of the company’s stock.

Mastercraft Boat Company Profile

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.