JELD-WEN Holding, Inc. (NYSE:JELD) Major Shareholder Purchases $133,639.66 in Stock

JELD-WEN Holding, Inc. (NYSE:JELD) major shareholder Turtle Creek Asset Management bought 26,411 shares of the stock in a transaction on Monday, April 21st. The shares were acquired at an average cost of $5.06 per share, with a total value of $133,639.66. Following the acquisition, the insider now directly owns 13,109,018 shares in the company, valued at approximately $66,331,631.08. This trade represents a 0.20 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Turtle Creek Asset Management also recently made the following trade(s):

• On Wednesday, April 16th, Turtle Creek Asset Management purchased 50,000 shares of JELD-WEN stock. The stock was bought at an average price of $5.11 per share, for a total transaction of $255,500.00.
• On Monday, April 14th, Turtle Creek Asset Management bought 50,000 shares of JELD-WEN stock. The shares were bought at an average price of $5.15 per share, with a total value of $257,500.00.
• On Thursday, April 10th, Turtle Creek Asset Management purchased 50,000 shares of JELD-WEN stock. The stock was purchased at an average price of $5.16 per share, for a total transaction of $258,000.00.
• On Monday, April 7th, Turtle Creek Asset Management acquired 100,000 shares of JELD-WEN stock. The shares were purchased at an average price of $5.46 per share, with a total value of $546,000.00.
• On Thursday, April 3rd, Turtle Creek Asset Management purchased 100,000 shares of JELD-WEN stock. The shares were purchased at an average cost of $5.86 per share, for a total transaction of $586,000.00.
• On Monday, March 31st, Turtle Creek Asset Management acquired 50,000 shares of JELD-WEN stock. The stock was purchased at an average price of $5.97 per share, with a total value of $298,500.00.
• On Friday, March 21st, Turtle Creek Asset Management bought 70,000 shares of JELD-WEN stock. The shares were acquired at an average price of $5.97 per share, for a total transaction of $417,900.00.
• On Wednesday, March 5th, Turtle Creek Asset Management purchased 86,801 shares of JELD-WEN stock. The shares were acquired at an average cost of $5.62 per share, for a total transaction of $487,821.62.
• On Monday, March 3rd, Turtle Creek Asset Management acquired 26,336 shares of JELD-WEN stock. The stock was acquired at an average price of $5.73 per share, with a total value of $150,905.28.
• On Thursday, February 27th, Turtle Creek Asset Management bought 72,000 shares of JELD-WEN stock. The shares were bought at an average price of $6.08 per share, for a total transaction of $437,760.00.

JELD-WEN Stock Down 1.1 %

JELD stock opened at $5.15 on Wednesday. JELD-WEN Holding, Inc. has a twelve month low of $4.91 and a twelve month high of $21.75. The company has a market cap of $439.21 million, a price-to-earnings ratio of -2.31 and a beta of 1.93. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 1.64. The business has a 50 day moving average price of $5.95 and a two-hundred day moving average price of $9.06.

JELD-WEN (NYSE:JELD) last issued its earnings results on Monday, February 17th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.20). JELD-WEN had a positive return on equity of 7.14% and a negative net margin of 5.01%. The firm had revenue of $895.70 million for the quarter, compared to analyst estimates of $860.82 million. Analysts anticipate that JELD-WEN Holding, Inc. will post 0.88 EPS for the current fiscal year.

Institutional Investors Weigh In On JELD-WEN

A number of institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC increased its position in JELD-WEN by 0.5% during the third quarter. Geode Capital Management LLC now owns 1,945,899 shares of the company’s stock worth $30,771,000 after buying an additional 9,468 shares during the last quarter. State Street Corp increased its holdings in shares of JELD-WEN by 1.1% during the 3rd quarter. State Street Corp now owns 1,998,363 shares of the company’s stock worth $31,594,000 after acquiring an additional 21,264 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in JELD-WEN by 11.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,225,439 shares of the company’s stock valued at $18,226,000 after acquiring an additional 220,815 shares during the period. Hennessy Advisors Inc. lifted its holdings in JELD-WEN by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 477,200 shares of the company’s stock valued at $3,908,000 after purchasing an additional 30,400 shares during the last quarter. Finally, US Bancorp DE boosted its position in JELD-WEN by 257.6% during the fourth quarter. US Bancorp DE now owns 9,752 shares of the company’s stock worth $80,000 after purchasing an additional 7,025 shares during the period. 95.04% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Loop Capital lowered their price objective on shares of JELD-WEN from $10.00 to $8.00 and set a “hold” rating for the company in a research report on Wednesday, February 19th. Truist Financial dropped their price target on JELD-WEN from $11.00 to $7.00 and set a “hold” rating on the stock in a research note on Wednesday, February 19th. The Goldman Sachs Group reduced their price objective on JELD-WEN from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. StockNews.com cut JELD-WEN from a “hold” rating to a “sell” rating in a research note on Friday, March 7th. Finally, Barclays decreased their price target on shares of JELD-WEN from $6.00 to $5.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 8th. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. According to data from MarketBeat, JELD-WEN has a consensus rating of “Hold” and a consensus price target of $8.94.

About JELD-WEN

JELD-WEN Holding, Inc designs, manufactures, and sells wood, metal, and composite materials doors, windows, and related building products in North America and Europe. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; stile and rail doors; and wood, vinyl, and wood composite windows.