Mastercraft Boat (NASDAQ:MCFT) Major Shareholder Coliseum Capital Management, L Purchases 25,000 Shares

Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT) major shareholder Coliseum Capital Management, L purchased 25,000 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was purchased at an average cost of $19.66 per share, for a total transaction of $491,500.00. Following the acquisition, the insider owned 3,697,422 shares in the company, valued at approximately $72,691,316.52. The trade was a 0.68% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Friday, December 19th, Coliseum Capital Management, L bought 76,000 shares of Mastercraft Boat stock. The shares were purchased at an average price of $19.79 per share, with a total value of $1,504,040.00.
• On Thursday, December 18th, Coliseum Capital Management, L bought 33,807 shares of Mastercraft Boat stock. The stock was acquired at an average cost of $19.34 per share, for a total transaction of $653,827.38.

Mastercraft Boat Price Performance

Shares of NASDAQ:MCFT opened at $19.53 on Tuesday. The stock’s 50-day moving average is $19.57 and its 200 day moving average is $20.10. The company has a market cap of $318.14 million, a PE 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.

Mastercraft Boat (NASDAQ:MCFT) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.12. Mastercraft Boat had a return on equity of 8.09% and a net margin of 5.50%.The firm had revenue of $69.00 million for the quarter, compared to analyst estimates of $66.96 million. During the same period last year, the company earned $0.12 EPS. The business’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. Analysts expect that Mastercraft Boat Holdings, Inc. will post 0.62 EPS for the current fiscal year.

Analysts Set New Price Targets

MCFT has been the subject of several research reports. Loop Capital started coverage on shares of Mastercraft Boat in a report on Monday. They issued a “hold” rating and a $21.00 price objective for the company. Truist Financial set a $21.00 price target on shares of Mastercraft Boat in a research report on Friday, October 24th. Robert W. Baird raised their price objective on shares of Mastercraft Boat from $20.00 to $24.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. B. Riley lifted their price objective on Mastercraft Boat from $17.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. Finally, Wall Street Zen upgraded Mastercraft Boat from a “buy” rating to a “strong-buy” rating in a report on Sunday. One investment analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $22.67.

Institutional Investors Weigh In On Mastercraft Boat

Several hedge funds have recently bought and sold shares of MCFT. Charles Schwab Investment Management Inc. increased its stake in shares of Mastercraft Boat by 131.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 108,193 shares of the company’s stock valued at $1,863,000 after purchasing an additional 61,399 shares in the last quarter. Nuveen LLC bought a new stake in shares of Mastercraft Boat in the 1st quarter worth approximately $906,000. American Century Companies Inc. grew its stake in shares of Mastercraft Boat by 12.7% in the 1st quarter. American Century Companies Inc. now owns 501,656 shares of the company’s stock worth $8,639,000 after buying an additional 56,397 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Mastercraft Boat by 10.4% in the 1st quarter. Wellington Management Group LLP now owns 259,869 shares of the company’s stock worth $4,475,000 after buying an additional 24,445 shares during the last quarter. Finally, Empowered Funds LLC increased its position in Mastercraft Boat by 7.3% during the 1st quarter. Empowered Funds LLC now owns 87,614 shares of the company’s stock valued at $1,509,000 after buying an additional 5,958 shares in the last quarter. Institutional investors own 97.64% of the company’s stock.

Key Headlines 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.

About Mastercraft Boat

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.