MasterCraft Boat Company partners with Rinker's Boat World to enhance access to premium towboats in Houston.
Quiver AI Summary
MasterCraft Boat Company, a leading manufacturer of premium towboats, has announced that Rinker's Boat World will be its newest authorized dealer in the Houston area, enhancing customer access to MasterCraft's high-quality boats. Rinker's Boat World, established in 1978, is recognized for its strong commitment to quality and customer service, aligning with MasterCraft's values. The partnership aims to provide Houston-area customers with comprehensive support, including on-water demonstrations of MasterCraft’s lineup of boats. Both companies express excitement about the collaboration, emphasizing the opportunity to deliver exceptional boating experiences to local families. This initiative is part of MasterCraft's broader strategy to expand its dealer network in key markets, ensuring more customers can enjoy their premium products and services.
Potential Positives
- MasterCraft Boat Company expands its dealer network by adding Rinker's Boat World, improving accessibility for customers in the thriving Houston boating market.
- The partnership with Rinker's Boat World enhances customer experience through on-water demos, comprehensive support, and trusted service, aligning with MasterCraft's commitment to quality.
- Rinker's Boat World has a long-standing reputation in the Houston area, which may positively influence brand trust and sales for MasterCraft.
- This strategic alliance is part of MasterCraft’s broader growth strategy, aimed at increasing its market presence in high-demand regions for recreational boating.
Potential Negatives
- None
FAQ
What is MasterCraft Boat Company's newest partnership?
MasterCraft has partnered with Rinker's Boat World as their newest authorized dealer in Houston, Texas.
How long has Rinker's Boat World been serving Houston?
Rinker's Boat World has been serving the Houston area since 1978, specializing in boating and watersports.
What products will Rinker's Boat World offer?
Rinker's Boat World will offer MasterCraft’s complete line of world-class towboats, along with in-person demos and service.
Why is the Houston area significant for boating?
The Houston area is a booming hub for boating and watersports along the Gulf Coast, attracting many enthusiasts.
How can customers learn more about MasterCraft and Rinker's Boat World?
Customers can visit RinkersBoatWorld.com for details on demos and MasterCraft.com for more information about the brand.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MCFT Insider Trading Activity
$MCFT insiders have traded $MCFT stock on the open market 10 times in the past 6 months. Of those trades, 10 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MCFT stock by insiders over the last 6 months:
- FUND, L.P. FORAGER has made 9 purchases buying 105,280 shares for an estimated $1,701,804 and 0 sales.
- BRADLEY M. NELSON (Chief Executive Officer) purchased 5,000 shares for an estimated $83,600
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MCFT Hedge Fund Activity
We have seen 40 institutional investors add shares of $MCFT stock to their portfolio, and 49 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DIVISAR CAPITAL MANAGEMENT LLC added 168,240 shares (+16.7%) to their portfolio in Q1 2025, for an estimated $2,897,092
- JACOBS LEVY EQUITY MANAGEMENT, INC removed 100,507 shares (-39.5%) from their portfolio in Q1 2025, for an estimated $1,730,730
- LHM, INC. added 91,616 shares (+106.8%) to their portfolio in Q1 2025, for an estimated $1,577,627
- MORGAN STANLEY added 77,571 shares (+82.4%) to their portfolio in Q1 2025, for an estimated $1,335,772
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 61,399 shares (+131.2%) to their portfolio in Q1 2025, for an estimated $1,057,290
- AMERICAN CENTURY COMPANIES INC added 56,397 shares (+12.7%) to their portfolio in Q1 2025, for an estimated $971,156
- BLACKROCK, INC. removed 45,553 shares (-3.5%) from their portfolio in Q1 2025, for an estimated $784,422
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MCFT Analyst Ratings
Wall Street analysts have issued reports on $MCFT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- MasterCraft Boat Hldgs issued a "Outperform" rating on 05/08/2025
To track analyst ratings and price targets for $MCFT, check out Quiver Quantitative's $MCFT forecast page.
$MCFT Price Targets
Multiple analysts have issued price targets for $MCFT recently. We have seen 4 analysts offer price targets for $MCFT in the last 6 months, with a median target of $20.5.
Here are some recent targets:
- Joseph Altobello from MasterCraft Boat Hldgs set a target price of $21.0 on 05/08/2025
Full Release
VONORE, Tenn., July 08, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Company , a subsidiary of MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) and the best-selling towboat brand in the world, proudly announces Rinker's Boat World as the newest authorized MasterCraft dealer who has been serving the Houston, Texas area since 1978 —a booming hub for boating and watersports along the Gulf Coast. This strategic partnership will ensure that Houston-area customers have direct access to MasterCraft’s unmatched performance, cutting-edge technology, and nearly 60 years of premium boat-building excellence.
Rinker's Boat World shares MasterCraft’s deep-rooted commitment to quality, performance, and delivering best-in-class customer experiences. As a full-service dealership on the water, Rinker's Boat World will offer MasterCraft’s complete line of world-class towboats—backed by in-person on-water demos, comprehensive support, and trusted service—guaranteeing every customer the ultimate experience on the water.
“We’re thrilled to welcome Rinker's Boat World to the MasterCraft family,” said Greg Miller , VP of Global Sales at MasterCraft Boat Company. “Their strong reputation, passion for watersports, and dedication to serving the Houston community make them an ideal partner. We look forward to creating more unforgettable boating moments for families in the Houston area.”
The leadership team at Rinker's Boat World shares this excitement and looks forward to introducing local customers to MasterCraft’s iconic craftsmanship and performance legacy.
“We are honored and excited to partner with MasterCraft and bring their industry-leading boats to Houston,” said Chris Rinker , Owner of Rinker's Boat World. “MasterCraft sets the bar for innovation and quality in the towboat world, and we’re excited to help more boaters discover what makes this brand so special—with hands-on demos, local expertise, and exceptional customer care.”
This latest partnership is part of MasterCraft’s continued efforts to grow its dealer network in high-demand regions, giving more customers access to top-tier towboats and superior service—wherever their on-water adventures begin.
For more information on Rinker's Boat World and to schedule an on-water demo, visit www.RinkersBoatWorld.com . To learn more about MasterCraft, visit MasterCraft.com and follow along on Instagram , YouTube , X and Facebook .
About MasterCraft:
MasterCraft is a world-renowned innovator, designer, manufacturer, and marketer of premium performance sport boats. Founded in 1968, MasterCraft has cultivated its iconic brand image through a rich history of industry-leading innovation, and more than five decades after the original MasterCraft made its debut, the company’s goal remains the same - to continue building the world’s best ski, wakeboard, wake surf, and luxury performance powerboats.
About MasterCraft Boat Holdings, Inc.:
Headquartered in Vonore, TN, MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) is a leading innovator, designer, manufacturer, and marketer of premium recreational powerboats through its three brands, MasterCraft, Crest, and Balise. For more information about MasterCraft Boat Holdings, please visit
Investors.MasterCraft.com
,
MasterCraft.com
,
CrestPontoonBoats.com
, and
BalisePontoonBoats.com
Media Contact:
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