Forager Fund, L.P. 4
Research Summary
AI-generated summary
MasterCraft (MCFT) 10% Owner Forager Fund Sells 61,344 Shares
What Happened Forager Fund, L.P., a reported 10% owner of MasterCraft Boat Holdings, sold a total of 61,344 shares in open‑market transactions executed Feb 17–19, 2026. The three reported disposals were: 12,163 shares for $288,750 (avg $23.74) on Feb 17; 19,050 shares for $451,866 (avg $23.72) on Feb 18; and 30,131 shares for $705,969 (avg $23.43) on Feb 19 — aggregate proceeds ≈ $1,446,585. These are sales (not purchases), typically portfolio/institutional activity rather than an insider buying the stock.
Key Details
- Transaction dates/prices: Feb 17 (12,163 sh @ $23.74), Feb 18 (19,050 sh @ $23.72), Feb 19 (30,131 sh @ $23.43). Reported column prices are weighted averages.
- Price ranges: footnotes state the shares were sold in multiple trades at prices within roughly $23.02–$24.07; the filing offers to provide per‑trade price breakdowns on request.
- Reporting person and authority: Forager Fund, L.P. is the direct holder. Principals of the fund’s GP (Messrs. Kissel and MacArthur) have shared authority to vote and dispose; they disclaim beneficial ownership except to the extent of any pecuniary interest.
- Shares owned after transaction: not specified in the excerpted data.
- Filing: Report filed Feb 19, 2026, covering transactions from Feb 17–19, 2026 (no late filing noted in this filing excerpt).
Context This is institutional selling by a 10% owner, not an executive buy or option exercise. Such sales often reflect portfolio rebalancing or cash needs rather than a direct signal about the company’s prospects; retail investors should consider this alongside other insider activity and company fundamentals.