Institutional investors boosted stakes in Masco Co., despite its CEO reducing his ownership.

VELA Investment Management LLC and other institutional investors have increased their stakes in Masco Co., a construction company. CEO Keith J. Allman recently sold 21,723 shares, reducing his ownership by 26.49%. Masco reported $0.89 EPS, beating expectations, and declared a $0.31 quarterly dividend. Analysts have varied ratings, with a consensus "Moderate Buy" and a target price of $86.32.

February 28, 2025
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