Van Berkom & Associates Inc. cut its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND – Free Report) by 1.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 902,361 shares of the company’s stock after selling 16,382 shares during the quarter. Van Berkom & Associates Inc.’s holdings in Floor & Decor were worth $45,840,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Littlejohn & Co. LLC purchased a new stake in shares of Floor & Decor in the 4th quarter valued at approximately $7,916,000. Black Cypress Capital Management LLC grew its position in Floor & Decor by 135.0% during the 4th quarter. Black Cypress Capital Management LLC now owns 201,673 shares of the company’s stock worth $12,280,000 after purchasing an additional 115,858 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in Floor & Decor during the 4th quarter valued at $5,163,000. Principal Financial Group Inc. raised its stake in Floor & Decor by 0.4% during the 4th quarter. Principal Financial Group Inc. now owns 6,421,067 shares of the company’s stock valued at $390,981,000 after purchasing an additional 22,636 shares during the period. Finally, Ruffer LLP purchased a new stake in shares of Floor & Decor in the fourth quarter valued at $47,231,000.
Insider Activity at Floor & Decor
In related news, CFO Bryan Langley bought 2,500 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were acquired at an average price of $48.69 per share, with a total value of $121,725.00. Following the completion of the transaction, the chief financial officer owned 42,016 shares of the company’s stock, valued at $2,045,759.04. The trade was a 6.33% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ersan Sayman sold 15,200 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $48.28, for a total transaction of $733,856.00. Following the transaction, the executive vice president owned 71,676 shares of the company’s stock, valued at approximately $3,460,517.28. This represents a 17.50% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.80% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Floor & Decor Price Performance
Shares of NYSE:FND opened at $56.73 on Monday. Floor & Decor Holdings, Inc. has a fifty-two week low of $42.64 and a fifty-two week high of $92.40. The business has a 50-day moving average of $52.18 and a two-hundred day moving average of $57.92. The stock has a market capitalization of $6.12 billion, a P/E ratio of 30.83, a P/E/G ratio of 4.89 and a beta of 1.58.
Floor & Decor (NYSE:FND – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The business’s revenue was down .7% compared to the same quarter last year. During the same quarter last year, the company posted $0.46 EPS. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, research analysts expect that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current fiscal year.
About Floor & Decor
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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