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Major Investment Alert: Turtle Creek Asset Management’s Bold Move in JELD-WEN Stock!

Major Investment Alert: Turtle Creek Asset Management’s Bold Move in JELD-WEN Stock!

New insider activity at JELD-WEN ( (JELD) ) has taken place on March 8, 2025.

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Significant shareholder Turtle Creek Asset Management Inc. has made a notable investment by purchasing 136,801 shares of JELD-WEN stock, valued at $773,453.

Recent Updates on JELD stock

In the past 24 hours, JELD-WEN has seen a series of price target reductions from several analysts following its Q4 earnings report and challenging 2024 financial results. Barclays lowered its price target due to significant volume and mix weakness, share loss, and cost headwinds impacting the fiscal 2025 outlook, despite some cost mitigation efforts. Truist cited decelerating volume and mix, weak end markets, and negative price/cost dynamics as reasons for its target reduction. RBC Capital highlighted operating headwinds and a deteriorating earnings outlook, contributing to its lowered target. Loop Capital noted a challenging demand environment and weaker-than-expected FY25 guidance as factors in its decision. Overall, these adjustments reflect concerns over JELD-WEN’s financial performance, market conditions, and strategic challenges, leading to a significant drop in stock value.

More about JELD-WEN

YTD Price Performance: -26.73%

Average Trading Volume: 933,266

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $478.6M

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