Floor & Decor Holdings, Inc. (NYSE:FND) CMO Lisa Laube sold 87,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $38.50, for a total value of $3,349,500.00. Following the sale, the chief marketing officer now owns 165,987 shares of the company’s stock, valued at approximately $6,390,499.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Floor & Decor Holdings, Inc. (NYSE:FND) opened at 34.44 on Monday. The firm has a market capitalization of $3.24 billion and a P/E ratio of 50.72. The firm’s 50-day moving average is $37.85 and its 200 day moving average is $37.72. Floor & Decor Holdings, Inc. has a 12 month low of $29.37 and a 12 month high of $46.99.

Floor & Decor Holdings (NYSE:FND) last announced its quarterly earnings results on Thursday, July 27th. The company reported $0.20 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.20. The firm had revenue of $344 million during the quarter, compared to the consensus estimate of $343.73 million. Floor & Decor Holdings’s revenue for the quarter was up 29.4% on a year-over-year basis. On average, analysts expect that Floor & Decor Holdings, Inc. will post $0.60 EPS for the current fiscal year.

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A number of equities research analysts have recently issued reports on the company. UBS AG assumed coverage on Floor & Decor Holdings in a report on Monday, May 22nd. They set a “neutral” rating and a $39.00 price objective for the company. Piper Jaffray Companies began coverage on Floor & Decor Holdings in a report on Monday, May 22nd. They set a “neutral” rating and a $40.00 price objective for the company. Credit Suisse Group set a $43.00 price target on Floor & Decor Holdings and gave the company a “buy” rating in a research note on Sunday, May 28th. Bank of America Corporation reiterated a “neutral” rating and issued a $42.00 price target (up from $40.00) on shares of Floor & Decor Holdings in a research note on Sunday, May 28th. Finally, Goldman Sachs Group Inc reiterated a “neutral” rating and issued a $28.00 price target (up from $25.00) on shares of Floor & Decor Holdings in a research note on Sunday, May 28th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $41.33.

Several hedge funds have recently bought and sold shares of FND. Rhumbline Advisers bought a new stake in Floor & Decor Holdings during the second quarter worth about $388,000. Russell Investments Group Ltd. bought a new stake in Floor & Decor Holdings during the second quarter worth about $662,000. Fisher Asset Management LLC bought a new stake in Floor & Decor Holdings during the second quarter worth about $788,000. Bank of New York Mellon Corp bought a new stake in Floor & Decor Holdings during the second quarter worth about $912,000. Finally, Schwab Charles Investment Management Inc. acquired a new position in shares of Floor & Decor Holdings during the second quarter worth approximately $1,016,000. 0.05% of the stock is owned by institutional investors.

About Floor & Decor Holdings

Floor & Decor Holdings, Inc, formerly FDO Holdings, Inc, is a retailer of hard surface flooring and related accessories. The Company retails its products such as tile, stone, wood, marble, glass and decoratives. The Company has 72 stores across 17 states in the United States. The Company provides its products to customers, including professional installers and commercial businesses (Pro), Do it Yourself customers (DIY) and customers who buy the products for professional installation (Buy it Yourself or BIY).

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