JELD-WEN Holding, Inc. (NYSE:JELD - Get Free Report) major shareholder Turtle Creek Asset Management acquired 2,856 shares of JELD-WEN stock in a transaction that occurred on Wednesday, April 23rd. The stock was bought at an average price of $5.10 per share, for a total transaction of $14,565.60. Following the completion of the acquisition, the insider now owns 13,111,295 shares in the company, valued at $66,867,604.50. This trade represents a 0.02 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
Turtle Creek Asset Management also recently made the following trade(s):
- On Monday, April 21st, Turtle Creek Asset Management purchased 26,411 shares of JELD-WEN stock. The stock was bought at an average cost of $5.06 per share, for a total transaction of $133,639.66.
- On Wednesday, April 16th, Turtle Creek Asset Management acquired 50,000 shares of JELD-WEN stock. The shares were bought at an average cost of $5.11 per share, with a total value of $255,500.00.
- On Monday, April 14th, Turtle Creek Asset Management purchased 50,000 shares of JELD-WEN stock. The shares were purchased at an average price of $5.15 per share, for a total transaction of $257,500.00.
- On Thursday, April 10th, Turtle Creek Asset Management acquired 50,000 shares of JELD-WEN stock. The stock was purchased at an average cost of $5.16 per share, with a total value of $258,000.00.
- On Monday, April 7th, Turtle Creek Asset Management bought 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 acquired at an average price 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 acquired 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 cost 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 stock was acquired at an average price of $5.62 per share, with a total value of $487,821.62.
- On Monday, March 3rd, Turtle Creek Asset Management acquired 26,336 shares of JELD-WEN stock. The stock was bought at an average price of $5.73 per share, for a total transaction of $150,905.28.
JELD-WEN Stock Performance
Shares of JELD stock opened at $5.33 on Friday. JELD-WEN Holding, Inc. has a 1 year low of $4.91 and a 1 year high of $21.75. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.33 and a current ratio of 2.03. The firm has a market cap of $455.00 million, a price-to-earnings ratio of -2.39 and a beta of 1.93. The stock's 50-day moving average is $5.71 and its two-hundred day moving average is $8.86.
JELD-WEN (NYSE:JELD - Get Free Report) last released its quarterly earnings results on Monday, February 17th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.20). The firm had revenue of $895.70 million for the quarter, compared to analyst estimates of $860.82 million. JELD-WEN had a positive return on equity of 7.14% and a negative net margin of 5.01%. Analysts predict that JELD-WEN Holding, Inc. will post 0.88 earnings per share for the current year.
Analyst Ratings Changes
Several equities research analysts have weighed in on the company. Royal Bank of Canada cut their price target on JELD-WEN from $7.00 to $5.00 and set an "underperform" rating on the stock in a report on Wednesday, February 19th. 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. UBS Group dropped their price objective on shares of JELD-WEN from $9.00 to $7.50 and set a "neutral" rating on the stock in a research report on Wednesday, February 19th. Loop Capital decreased 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. Finally, Truist Financial dropped their target price on JELD-WEN from $11.00 to $7.00 and set a "hold" rating on the stock in a report on Wednesday, February 19th. Two equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. According to data from MarketBeat.com, JELD-WEN presently has an average rating of "Hold" and a consensus target price of $8.94.
Check Out Our Latest Stock Analysis on JELD
Institutional Trading of JELD-WEN
A number of large investors have recently bought and sold shares of the business. Diversified Trust Co boosted its stake in shares of JELD-WEN by 8.8% during the fourth quarter. Diversified Trust Co now owns 27,614 shares of the company's stock worth $226,000 after buying an additional 2,242 shares during the period. MetLife Investment Management LLC increased its holdings in shares of JELD-WEN by 6.3% in the fourth quarter. MetLife Investment Management LLC now owns 51,911 shares of the company's stock valued at $425,000 after purchasing an additional 3,066 shares during the period. Performa Ltd US LLC raised its stake in shares of JELD-WEN by 1,580.0% during the fourth quarter. Performa Ltd US LLC now owns 4,200 shares of the company's stock worth $34,000 after purchasing an additional 3,950 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of JELD-WEN by 10.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 50,261 shares of the company's stock worth $412,000 after purchasing an additional 4,944 shares during the period. Finally, Rhumbline Advisers grew its position in JELD-WEN by 3.5% in the 4th quarter. Rhumbline Advisers now owns 148,461 shares of the company's stock valued at $1,216,000 after buying an additional 4,962 shares during the last quarter. Institutional investors and hedge funds own 95.04% of the company's stock.
JELD-WEN Company Profile
(
Get Free Report)
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.
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