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JELD-WEN: Earnings Preview and Notable Insider Trading

Investors await JELD-WEN's earnings report, expecting revenue of $878M and a loss of $0.06 per share. Inside trading shows 35 purchases, potentially signaling confidence.

Date: 
AI Rating:   5

JELD-WEN HOLDING's Quarterly Earnings Expectations
JELD-WEN is set to announce its quarterly earnings with analysts projecting a revenue of $878,978,329. However, the expectation of a negative earnings per share (EPS) of -$0.06 may raise concerns among investors, as this indicates losses rather than profitability.

Insider Trading Activity
Significantly, JELD-WEN has seen robust insider trading activity with 35 trades, all of which were purchases totaling 1,470,000 shares bought for an estimated $14,066,406. This consistent buying from insiders might reflect a level of confidence in the company’s future performance.

Hedge Fund Activity
The recent quarter has brought a mixed picture regarding hedge fund activities. While 95 institutional investors have added shares to their portfolios, 112 have decreased their positions. Notably, some significant removals include Vaughan Nelson Investment Management and Victory Capital Management, which have decreased their holdings by 100% and 94.4%, respectively.

In contrast, other institutions like Pzena Investment Management and Turtle Creek Asset Management have increased their stakes, indicating that some investors still see potential in JELD-WEN stock. However, the overall picture of institutional movement shows some caution, which could influence stock valuation negatively.

In summary, while insider enthusiasm suggests potential, the negative EPS expectation and significant decreases in institutional positions could lead to volatility in JELD-WEN's stock price post-earnings report.

Stocks:  $JELD