Floor & Decor Holdings, Inc. (NYSE:FND) Chairman Norman Axelrod sold 117,038 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $34.92, for a total transaction of $4,086,966.96. Following the completion of the transaction, the chairman now owns 3,095 shares of the company’s stock, valued at $108,077.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) traded down $1.11 on Wednesday, reaching $38.30. 377,276 shares of the company’s stock were exchanged, compared to its average volume of 549,283. The company has a quick ratio of 0.18, a current ratio of 1.33 and a debt-to-equity ratio of 0.47. Floor & Decor Holdings, Inc. has a 1-year low of $29.37 and a 1-year high of $46.99.

Floor & Decor Holdings (NYSE:FND) last announced its earnings results on Thursday, November 2nd. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. The business had revenue of $343.90 million during the quarter, compared to analyst estimates of $338.62 million. Floor & Decor Holdings had a net margin of 5.62% and a return on equity of 26.39%. The company’s quarterly revenue was up 26.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.12 EPS. sell-side analysts expect that Floor & Decor Holdings, Inc. will post 0.66 earnings per share for the current year.

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A number of institutional investors and hedge funds have recently made changes to their positions in FND. Fisher Asset Management LLC purchased a new stake in Floor & Decor Holdings during the 2nd quarter valued at $788,000. Russell Investments Group Ltd. purchased a new stake in Floor & Decor Holdings during the 2nd quarter valued at $662,000. Spark Investment Management LLC purchased a new stake in Floor & Decor Holdings during the 2nd quarter valued at $2,100,000. Gilder Gagnon Howe & Co. LLC bought a new stake in shares of Floor & Decor Holdings during the 2nd quarter valued at $79,390,000. Finally, Schwab Charles Investment Management Inc. bought a new stake in shares of Floor & Decor Holdings during the 2nd quarter valued at $1,016,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

A number of brokerages recently weighed in on FND. J P Morgan Chase & Co began coverage on shares of Floor & Decor Holdings in a report on Monday, October 16th. They issued an “overweight” rating and a $46.00 price objective for the company. Loop Capital began coverage on shares of Floor & Decor Holdings in a report on Friday, August 18th. They issued a “hold” rating and a $35.00 price objective for the company. Telsey Advisory Group boosted their price objective on shares of Floor & Decor Holdings from $38.00 to $39.00 and gave the stock a “market perform” rating in a report on Friday, July 28th. Piper Jaffray Companies restated a “hold” rating and issued a $42.00 price objective on shares of Floor & Decor Holdings in a report on Thursday, October 12th. Finally, Zacks Investment Research lowered shares of Floor & Decor Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $42.93.

Floor & Decor Holdings Company Profile

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).

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

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