Turtle Creek sells $347,850 in JELD-WEN Holding stock

Turtle Creek Asset Management Inc., a significant holder and director of JELD-WEN Holding, Inc., announced the sale of 300,000 shares of the company's common stock for a total of $347,850 on November 4, 2026. The shares traded within a price range of $1.06 to $1.26 per share. JELD-WEN shares are currently valued at $1.02, reflecting a 19% decline over the past week and a 61% decrease year-over-year, based on InvestingPro data.

The transactions were executed through several of Turtle Creek's managed funds, including the Turtle Creek Equity Fund, Turtle Creek Investment Fund, and Turtle Creek United States Equity Fund. The weighted average price for these sales was $1.1595 per share. Following the sale, Turtle Creek indirectly holds a total of 16,368,145 shares through various funds, representing a 0.88% ownership interest in JELD-WEN Holding.

Despite the recent stock price decline, JELD-WEN reported strong financial results in its third-quarter 2026 earnings. The company posted adjusted earnings of 5 cents per share, exceeding Wall Street's expectation of 4 cents. Revenue for the quarter amounted to $798.5 million, slightly below analysts' forecasts. However, JELD-WEN's adjusted EBITDA rose by 22.7% to $54 million, driven by productivity gains and $11.6 million in tariff refunds.

These positive factors have generated investor interest, as JELD-WEN continues to demonstrate financial resilience and growth potential.