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

JELD-WEN Holding, Inc. (NYSE:JELD - Get Free Report) major shareholder Turtle Creek Asset Management bought 26,411 shares of JELD-WEN stock in a transaction on Monday, April 21st. The stock was purchased at an average price of $5.06 per share, with a total value of $133,639.66. Following the completion of the acquisition, the insider now directly owns 13,109,018 shares of the company's stock, valued at $66,331,631.08. This represents a 0.20 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company's shares 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 acquired 50,000 shares of JELD-WEN stock. The stock was acquired 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 stock was acquired at an average cost 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 bought 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 acquired 100,000 shares of JELD-WEN stock. The shares were bought at an average cost of $5.46 per share, for a total transaction of $546,000.00.
• On Thursday, April 3rd, Turtle Creek Asset Management bought 100,000 shares of JELD-WEN stock. The stock was purchased at an average price of $5.86 per share, with a total value 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 cost of $5.97 per share, for a total transaction of $298,500.00.
• On Friday, March 21st, Turtle Creek Asset Management bought 70,000 shares of JELD-WEN stock. The shares were purchased at an average cost of $5.97 per share, with a total value 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, 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 acquired at an average price of $5.73 per share, for a total transaction of $150,905.28.
• On Thursday, February 27th, Turtle Creek Asset Management purchased 72,000 shares of JELD-WEN stock. The stock was acquired at an average cost of $6.08 per share, for a total transaction of $437,760.00.

JELD-WEN Stock Up 0.3 %

JELD-WEN stock traded up $0.02 during midday trading on Friday, reaching $5.33. The company's stock had a trading volume of 913,523 shares, compared to its average volume of 965,066. The business has a 50-day simple moving average of $5.81 and a 200-day simple moving average of $9.01. The company has a market cap of $454.57 million, a P/E ratio of -2.39 and a beta of 1.93. JELD-WEN Holding, Inc. has a fifty-two week low of $4.91 and a fifty-two week high of $21.75. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 1.64.

JELD-WEN (NYSE:JELD - Get Free Report) last announced its earnings results on Monday, February 17th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.20). The business 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%. On average, research analysts expect that JELD-WEN Holding, Inc. will post 0.88 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

JELD has been the topic of a number of recent research reports. Royal Bank of Canada lowered their target price on JELD-WEN from $7.00 to $5.00 and set an "underperform" rating on the stock in a research note on Wednesday, February 19th. StockNews.com cut shares of JELD-WEN from a "hold" rating to a "sell" rating in a research note on Friday, March 7th. Loop Capital cut their target price on shares of JELD-WEN from $10.00 to $8.00 and set a "hold" rating for the company in a report on Wednesday, February 19th. The Goldman Sachs Group lowered their price target on shares of JELD-WEN from $9.00 to $8.00 and set a "neutral" rating on the stock in a report on Wednesday, February 19th. Finally, Barclays cut their price objective on shares of JELD-WEN from $6.00 to $5.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. According to MarketBeat.com, JELD-WEN currently has an average rating of "Hold" and a consensus price target of $8.94.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Performa Ltd US LLC grew its position in JELD-WEN by 1,580.0% in the 4th quarter. Performa Ltd US LLC now owns 4,200 shares of the company's stock valued at $34,000 after buying an additional 3,950 shares during the last quarter. Quarry LP acquired a new stake in shares of JELD-WEN in the 4th quarter worth $46,000. US Bancorp DE boosted its holdings in shares of JELD-WEN by 257.6% in the fourth quarter. US Bancorp DE now owns 9,752 shares of the company's stock valued at $80,000 after acquiring an additional 7,025 shares in the last quarter. Brevan Howard Capital Management LP acquired a new position in shares of JELD-WEN during the fourth quarter worth about $83,000. Finally, GAMMA Investing LLC raised its holdings in JELD-WEN by 1,054.6% during the first quarter. GAMMA Investing LLC now owns 14,710 shares of the company's stock worth $88,000 after purchasing an additional 13,436 shares in the last quarter. 95.04% of the stock is currently owned by hedge funds and other institutional investors.

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.