Floor & Decor (NYSE:FND) Insider Sells $13,593,174.70 in Stock

Floor & Decor Holdings, Inc. (NYSE:FNDGet Free Report) insider Thomas Taylor sold 218,189 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $62.30, for a total value of $13,593,174.70. Following the completion of the transaction, the insider owned 229,820 shares in the company, valued at $14,317,786. This represents a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Floor & Decor Price Performance

NYSE:FND opened at $59.35 on Thursday. Floor & Decor Holdings, Inc. has a 52 week low of $42.64 and a 52 week high of $92.40. The stock’s fifty day moving average is $55.53 and its two-hundred day moving average is $56.33. The company has a market capitalization of $6.32 billion, a P/E ratio of 27.60, a P/E/G ratio of 4.90 and a beta of 1.57. The company has a quick ratio of 0.45, a current ratio of 1.33 and a debt-to-equity ratio of 0.08.

Floor & Decor (NYSE:FNDGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.02. Floor & Decor had a net margin of 4.93% and a return on equity of 8.20%. The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the previous year, the firm earned $0.58 EPS. Floor & Decor’s revenue was up 3.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. Equities analysts expect that Floor & Decor Holdings, Inc. will post 1.99 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on FND. Guggenheim lowered their price target on Floor & Decor from $90.00 to $65.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Morgan Stanley increased their target price on Floor & Decor from $56.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Truist Financial lifted their target price on Floor & Decor from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Wells Fargo & Company raised their price objective on shares of Floor & Decor from $50.00 to $55.00 and gave the company an “equal weight” rating in a research note on Friday, July 31st. Finally, Bank of America lowered shares of Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 target price on the stock. in a report on Friday, April 17th. Five investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $59.42.

Check Out Our Latest Report on FND

Institutional Trading of Floor & Decor

Large investors have recently made changes to their positions in the company. Cibc World Market Inc. raised its stake in Floor & Decor by 1.6% in the fourth quarter. Cibc World Market Inc. now owns 9,253 shares of the company’s stock valued at $563,000 after buying an additional 146 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Floor & Decor by 50.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the company’s stock valued at $34,000 after acquiring an additional 186 shares during the last quarter. Capital Analysts LLC increased its holdings in shares of Floor & Decor by 32.2% in the 4th quarter. Capital Analysts LLC now owns 767 shares of the company’s stock valued at $47,000 after acquiring an additional 187 shares during the last quarter. Global Retirement Partners LLC raised its position in shares of Floor & Decor by 35.5% during the 4th quarter. Global Retirement Partners LLC now owns 722 shares of the company’s stock worth $44,000 after acquiring an additional 189 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its stake in Floor & Decor by 0.3% during the third quarter. CANADA LIFE ASSURANCE Co now owns 78,410 shares of the company’s stock worth $5,895,000 after purchasing an additional 221 shares during the last quarter.

Floor & Decor Company Profile

(Get Free Report)

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.

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