Floor & Decor Holdings Inc (NYSE:FND) CEO Sells $2,651,428.14 in Stock

Floor & Decor Holdings Inc (NYSE:FND) CEO Thomas V. Taylor sold 60,729 shares of the stock in a transaction on Friday, July 12th. The stock was sold at an average price of $43.66, for a total transaction of $2,651,428.14. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Thomas V. Taylor also recently made the following trade(s):

  • On Monday, July 15th, Thomas V. Taylor sold 62,029 shares of Floor & Decor stock. The stock was sold at an average price of $43.66, for a total transaction of $2,708,186.14.

Shares of FND opened at $39.83 on Friday. The firm has a 50-day moving average of $40.01. The company has a market cap of $4.14 billion, a price-to-earnings ratio of 41.06, a PEG ratio of 1.61 and a beta of 2.13. The company has a quick ratio of 0.23, a current ratio of 1.32 and a debt-to-equity ratio of 1.33. Floor & Decor Holdings Inc has a 52-week low of $23.30 and a 52-week high of $50.91.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, May 2nd. The company reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.01. The firm had revenue of $477.05 million during the quarter, compared to analyst estimates of $480.17 million. Floor & Decor had a net margin of 6.45% and a return on equity of 18.19%. Floor & Decor’s revenue was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.26 EPS. As a group, research analysts anticipate that Floor & Decor Holdings Inc will post 1.1 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in FND. California Public Employees Retirement System acquired a new stake in shares of Floor & Decor in the fourth quarter valued at about $1,860,000. BlackRock Inc. lifted its stake in shares of Floor & Decor by 13.4% in the fourth quarter. BlackRock Inc. now owns 2,463,489 shares of the company’s stock valued at $63,804,000 after purchasing an additional 291,235 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Floor & Decor by 38.9% in the fourth quarter. Bank of New York Mellon Corp now owns 219,730 shares of the company’s stock valued at $5,691,000 after purchasing an additional 61,591 shares during the period. Citigroup Inc. lifted its stake in shares of Floor & Decor by 38.5% in the fourth quarter. Citigroup Inc. now owns 4,901 shares of the company’s stock valued at $127,000 after purchasing an additional 1,363 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Floor & Decor by 8.4% in the fourth quarter. Northern Trust Corp now owns 345,560 shares of the company’s stock valued at $8,951,000 after purchasing an additional 26,696 shares during the period.

Several research firms have recently commented on FND. UBS Group upped their price target on shares of W. R. Berkley from $53.00 to $56.00 and gave the stock a “sell” rating in a research report on Wednesday, April 24th. Longbow Research restated a “buy” rating and set a $110.00 price target on shares of Visteon in a research report on Monday, April 15th. Wells Fargo & Co upped their price target on shares of Twitter from $33.00 to $40.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 24th. Stephens restated a “buy” rating and set a $34.00 price target on shares of Guaranty Bancshares in a research report on Tuesday, April 23rd. Finally, Gordon Haskett upgraded shares of Darden Restaurants from an “underperform” rating to a “hold” rating in a research report on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $43.18.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc operates as a multi-channel specialty retailer of hard surface flooring and related accessories. The company's stores offer tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative and installation accessories. It serves professional installers, commercial businesses, and do it yourself customers.

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Insider Buying and Selling by Quarter for Floor & Decor (NYSE:FND)

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