JELD-WEN Holding Inc’s filing revealed that its 10% Owner Turtle Creek Asset Management acquired Company’s shares for reported $0.63 million on Jan 13 ’25. In the deal valued at $8.46 per share,75,000 shares were bought. As a result of this transaction, Turtle Creek Asset Management now holds 12,320,226 shares worth roughly $104.72 million.
Then, Turtle Creek Asset Management bought 160,000 shares, generating $1,232,880 in total proceeds. Upon buying the shares at $7.71, the 10% Owner now owns 12,171,134 shares.
Before that, Turtle Creek Asset Management bought 125,000 shares. JELD-WEN Holding Inc shares valued at $988,113 were divested by the 10% Owner at a price of $7.90 per share. As a result of the transaction, Turtle Creek Asset Management now holds 12,042,190 shares, worth roughly $102.36 million.
UBS downgraded its JELD-WEN Holding Inc [JELD] rating to a Neutral from a a Buy in a research note published on January 08, 2025; the price target was decreased to $9 from $15. A number of analysts have revised their coverage, including Loop Capital’s analysts, who began to cover the stock in mid February with a ‘”a Hold”‘ rating. Oppenheimer began covering JELD with “Perform” recommendation on January 19, 2024. JP Morgan revised its rating on December 20, 2022. It rated JELD as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of JELD
On Monday, JELD-WEN Holding Inc [NYSE:JELD] saw its stock fall -4.71% to $8.50. Over the last five days, the stock has lost -13.97%. JELD-WEN Holding Inc shares have risen nearly 3.79% since the year began. Nevertheless, the stocks have fallen -54.30% over the past one year. While a 52-week high of $21.75 was reached on 01/27/25, a 52-week low of $7.43 was recorded on 01/10/25. SMA at 50 days reached $9.48, while 200 days put it at $13.52.
Levels Of Support And Resistance For JELD Stock
The 24-hour chart illustrates a support level at 8.36, which if violated will result in even more drops to 8.21. On the upside, there is a resistance level at 8.69. A further resistance level may holdings at 8.87. The Relative Strength Index (RSI) on the 14-day chart is 39.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.08%. Stochastics %K at 41.54% indicates the stock is a holding.
How much short interest is there in JELD-WEN Holding Inc?
A steep rise in short interest was recorded in JELD-WEN Holding Inc stocks on 2025-01-15, growing by 0.38 million shares to a total of 3.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.64 million shares. There was a rise of 12.46%, which implies that there is a positive sentiment for the stock.
