JELD-WEN Holding, Inc. (NYSE:JELD) EVP Sells $55,931.04 in Stock

JELD-WEN Holding, Inc. (NYSE:JELD – Get Rating) EVP Timothy Craven sold 3,852 shares of JELD-WEN stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $14.52, for a total value of $55,931.04. Following the sale, the executive vice president now owns 44,038 shares in the company, valued at $639,431.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Timothy Craven also recently made the following trade(s):

• On Friday, May 12th, Timothy Craven sold 35,099 shares of JELD-WEN stock. The stock was sold at an average price of $14.05, for a total value of $493,140.95.

JELD-WEN Trading Down 1.9 %

Shares of NYSE JELD opened at $14.70 on Monday. The company has a quick ratio of 1.38, a current ratio of 2.16 and a debt-to-equity ratio of 2.30. The business has a fifty day simple moving average of $12.55 and a two-hundred day simple moving average of $11.70. The firm has a market cap of $1.25 billion, a PE ratio of 20.70 and a beta of 2.26. JELD-WEN Holding, Inc. has a twelve month low of $8.38 and a twelve month high of $19.51.

JELD-WEN (NYSE:JELD – Get Rating) last announced its quarterly earnings results on Monday, May 8th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.27. JELD-WEN had a return on equity of 25.42% and a net margin of 1.18%. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period last year, the business posted $0.16 EPS. The business’s revenue was up 4.4% compared to the same quarter last year. Analysts expect that JELD-WEN Holding, Inc. will post 1.43 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of JELD-WEN by 14.7% in the 1st quarter. JPMorgan Chase & Co. now owns 93,948 shares of the company’s stock valued at $1,905,000 after buying an additional 12,065 shares during the period. Raymond James & Associates raised its holdings in JELD-WEN by 19.5% in the 1st quarter. Raymond James & Associates now owns 43,286 shares of the company’s stock worth $878,000 after purchasing an additional 7,059 shares during the period. Bank of New York Mellon Corp raised its holdings in JELD-WEN by 4.7% in the 1st quarter. Bank of New York Mellon Corp now owns 416,738 shares of the company’s stock worth $8,451,000 after purchasing an additional 18,879 shares during the period. American Century Companies Inc. raised its holdings in JELD-WEN by 21.3% in the 1st quarter. American Century Companies Inc. now owns 21,499 shares of the company’s stock worth $436,000 after purchasing an additional 3,778 shares during the period. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in JELD-WEN during the 1st quarter worth approximately $320,000. 94.97% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on JELD shares. Truist Financial lifted their price target on JELD-WEN from $12.00 to $15.00 in a research report on Thursday, May 11th. The Goldman Sachs Group boosted their target price on JELD-WEN from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Tuesday, February 21st. Stifel Nicolaus upped their price target on JELD-WEN from $13.00 to $15.00 in a research note on Wednesday, May 10th. StockNews.com raised JELD-WEN from a “hold” rating to a “buy” rating in a research note on Saturday, May 13th. Finally, Barclays upped their price target on JELD-WEN from $11.00 to $16.00 in a research note on Wednesday, May 10th. 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 company’s stock. Based on data from MarketBeat.com, JELD-WEN has an average rating of “Hold” and a consensus price target of $13.04.

About JELD-WEN

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JELD-WEN Holding, Inc engages in the manufacture and sale of doors, windows, and related products. It designs, produces, and distributes interior and exterior doors, wood, vinyl, aluminum windows, and related products for construction, repair, and remodeling of residential homes and non-residential buildings.