tiprankstipranks
Trending News
More News >

Top Executive Makes Bold Move with Major JELD-WEN Stock Purchase

New insider activity at JELD-WEN ( (JELD) ) has taken place on March 7, 2025.

Matthew Meier, the Executive Vice President and Chief Digital and Information Officer of JELD-WEN, has made a significant investment by purchasing 20,000 shares of the company’s stock. This transaction is valued at $114,600, indicating a strong vote of confidence in the company’s future prospects.

Recent Updates on JELD stock

In the last 24 hours, JELD-WEN’s stock has experienced significant price target reductions from several analysts, driven by a challenging financial outlook and recent earnings report. Barclays, Truist, RBC Capital, and Loop Capital have all lowered their price targets for JELD-WEN, citing factors such as weak volume and mix, share loss, cost headwinds, and a disappointing fiscal 2025 outlook. The company’s Q4 results revealed a 12.3% decline in net revenues and a substantial net loss, exacerbated by a goodwill impairment charge and increased costs related to transformation efforts. Analysts noted that despite some cost mitigation strategies, the company’s guidance for 2025 remains weak, with anticipated revenue and Adjusted EBITDA below previous expectations. This has led to a sharp decline in JELD-WEN’s stock price, reflecting investor concerns over its near-term financial performance and market conditions.

More about JELD-WEN

YTD Price Performance: -30.20%

Average Trading Volume: 932,042

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $463.3M

Disclaimer & DisclosureReport an Issue