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Here is a breakdown of major shareholders in Fortune Brands Innovations Inc (NYSE: FBIN)

Fortune Brands Innovations Inc (NYSE: FBIN) is -3.77% lower on its value in year-to-date trading and has touched a low of $54.10 and a high of $84.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FBIN stock was last observed hovering at around $72.82 in the last trading session, with the day’s gains setting it 0.45%.

Currently trading at $73.27, the stock is -1.30% and -6.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 0.62% at the moment leaves the stock 1.96% off its SMA200. FBIN registered 11.20% gain for a year compared to 6-month gain of 20.87%.

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The stock witnessed a -9.09% loss in the last 1 month and extending the period to 3 months gives it a -6.65%, and is 3.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.13% over the week and 2.41% over the month.

Fortune Brands Innovations Inc (FBIN) has around 11700 employees, a market worth around $9.16B and $4.70B in sales. Current P/E ratio is 22.42 and Fwd P/E is 15.26. Profit margin for the company is 8.87%. Distance from 52-week low is 35.43% and -13.72% from its 52-week high. The company has generated returns on investments over the last 12 months (7.62%).

The EPS is expected to grow by 10.39% this year

The shares outstanding are 126.29M, and float is at 124.45M with Short Float at 2.20%.

Fortune Brands Innovations Inc (FBIN) Insider Activity

The most recent transaction is an insider sale by WATERS RONALD V, the company’s Director. SEC filings show that WATERS RONALD V sold 2,000 shares of the company’s common stock on Mar 11 ’24 at a price of $81.10 per share for a total of $0.16 million. Following the sale, the insider now owns 2435.0 shares.

Fortune Brands Innovations Inc disclosed in a document filed with the SEC on Mar 05 ’24 that PHYFER CHERI M (EVP, Group President) sold a total of 19,530 shares of the company’s common stock. The trade occurred on Mar 05 ’24 and was made at $81.60 per share for $1.59 million. Following the transaction, the insider now directly holds 64918.0 shares of the FBIN stock.

Still, SEC filings show that on Jun 09 ’23, HACKETT ANN F (Director) disposed off 4,835 shares at an average price of $65.78 for $0.32 million. The insider now directly holds 34,815 shares of Fortune Brands Innovations Inc (FBIN).

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