JELD-WEN Holding, Inc. (NYSE:JELD – Get Rating) major shareholder Turtle Creek Asset Management bought 17,800 shares of the company's stock in a transaction dated Thursday, September 15th. The stock was bought at an average price of $9.98 per share, with a total value of $177,644.00. Following the acquisition, the insider now owns 48,400 shares in the company, valued at approximately $483,032. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more 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 Thursday, August 25th, Turtle Creek Asset Management bought 11,000 shares of JELD-WEN stock. The stock was bought at an average price of $12.44 per share, with a total value of $136,840.00.
• On Monday, August 22nd, Turtle Creek Asset Management bought 12,500 shares of JELD-WEN stock. The stock was bought at an average price of $12.46 per share, with a total value of $155,750.00.
• On Thursday, August 18th, Turtle Creek Asset Management bought 2,200 shares of JELD-WEN stock. The stock was bought at an average price of $13.33 per share, with a total value of $29,326.00.
• On Thursday, August 4th, Turtle Creek Asset Management bought 17,400 shares of JELD-WEN stock. The stock was bought at an average price of $15.20 per share, with a total value of $264,480.00.
• On Monday, August 1st, Turtle Creek Asset Management bought 29,763 shares of JELD-WEN stock. The stock was bought at an average price of $14.33 per share, with a total value of $426,503.79.
• On Thursday, June 23rd, Turtle Creek Asset Management bought 121,815 shares of JELD-WEN stock. The stock was bought at an average price of $13.82 per share, with a total value of $1,683,483.30.
• On Tuesday, June 21st, Turtle Creek Asset Management acquired 50,000 shares of JELD-WEN stock. The shares were acquired at an average price of $13.15 per share, with a total value of $657,500.00.

JELD-WEN Trading Down 2.8 %

JELD opened at $9.54 on Thursday. The firm has a market cap of $803.83 million, a price-to-earnings ratio of 6.96 and a beta of 2.30. The company has a current ratio of 2.14, a quick ratio of 1.33 and a debt-to-equity ratio of 2.54. JELD-WEN Holding, Inc. has a 12 month low of $9.52 and a 12 month high of $28.30. The stock has a fifty day moving average price of $13.24 and a 200-day moving average price of $16.90.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in JELD. Point72 Hong Kong Ltd bought a new position in shares of JELD-WEN in the 4th quarter worth $26,000. Quantbot Technologies LP increased its position in JELD-WEN by 182.7% during the 1st quarter. Quantbot Technologies LP now owns 2,951 shares of the company's stock valued at $59,000 after buying an additional 1,907 shares in the last quarter. National Bank of Canada FI acquired a new position in JELD-WEN during the 2nd quarter valued at about $61,000. Great West Life Assurance Co. Can increased its position in JELD-WEN by 24.9% during the 1st quarter. Great West Life Assurance Co. Can now owns 4,383 shares of the company's stock valued at $95,000 after buying an additional 873 shares in the last quarter. Finally, Connable Office Inc. increased its position in JELD-WEN by 26.9% during the 2nd quarter. Connable Office Inc. now owns 12,775 shares of the company's stock valued at $186,000 after buying an additional 2,706 shares in the last quarter. 99.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on JELD. Royal Bank of Canada dropped their price objective on JELD-WEN from $12.00 to $11.00 and set an "underperform" rating for the company in a report on Tuesday, August 2nd. Barclays cut JELD-WEN from an "overweight" rating to an "equal weight" rating and dropped their price objective for the company from $25.00 to $17.00 in a report on Thursday, July 14th. Stifel Nicolaus cut JELD-WEN from a "buy" rating to a "hold" rating and dropped their price objective for the company from $22.00 to $17.00 in a report on Tuesday, August 2nd. Credit Suisse Group dropped their price objective on JELD-WEN from $24.00 to $20.00 and set an "outperform" rating for the company in a report on Monday, August 15th. Finally, Wells Fargo & Company lowered JELD-WEN from an "overweight" rating to an "equal weight" rating and set a $16.00 target price for the company. in a research report on Tuesday, June 28th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $17.33.

About JELD-WEN

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

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