Floor & Decor Holdings, Inc. (NYSE:FND) SVP David Victor Christopherson sold 16,091 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $43.33, for a total value of $697,223.03. Following the sale, the senior vice president now directly owns 24,383 shares of the company’s stock, valued at $1,056,515.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

David Victor Christopherson also recently made the following trade(s):

  • On Friday, November 3rd, David Victor Christopherson sold 32,181 shares of Floor & Decor stock. The shares were sold at an average price of $41.20, for a total value of $1,325,857.20.

Floor & Decor Holdings, Inc. (NYSE FND) opened at $44.12 on Thursday. 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 52-week low of $29.37 and a 52-week high of $46.99.

Floor & Decor (NYSE:FND) last issued its earnings results on Thursday, November 2nd. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.03. Floor & Decor had a return on equity of 26.39% and a net margin of 5.62%. The company had revenue of $343.90 million for the quarter, compared to analyst estimates of $338.62 million. During the same period in the prior year, the firm posted $0.12 EPS. The business’s revenue was up 26.8% compared to the same quarter last year. equities research analysts predict that Floor & Decor Holdings, Inc. will post 0.66 EPS for the current year.

A number of hedge funds have recently modified their holdings of the business. Ares Management LLC acquired a new position in Floor & Decor in the 2nd quarter worth about $2,049,069,000. FS Capital Partners VI LLC acquired a new position in Floor & Decor in the 2nd quarter worth about $993,798,000. Gilder Gagnon Howe & Co. LLC increased its position in Floor & Decor by 30.8% in the 3rd quarter. Gilder Gagnon Howe & Co. LLC now owns 2,644,866 shares of the company’s stock worth $102,965,000 after purchasing an additional 622,703 shares during the last quarter. TimesSquare Capital Management LLC increased its position in Floor & Decor by 1,007.3% in the 3rd quarter. TimesSquare Capital Management LLC now owns 1,660,900 shares of the company’s stock worth $64,659,000 after purchasing an additional 1,510,900 shares during the last quarter. Finally, Vanguard Group Inc. acquired a new position in Floor & Decor in the 2nd quarter worth about $32,590,000. 93.49% of the stock is currently owned by institutional investors.

Several research analysts recently weighed in on the company. Bank of America reissued a “buy” rating and set a $42.00 price target on shares of Floor & Decor in a research report on Tuesday, September 5th. Zacks Investment Research raised Floor & Decor from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research report on Monday, November 6th. Stifel Nicolaus assumed coverage on Floor & Decor in a research report on Wednesday, December 13th. They set a “buy” rating and a $51.00 price target on the stock. Wells Fargo & Company reissued a “hold” rating and set a $42.00 price target on shares of Floor & Decor in a research report on Thursday, November 2nd. Finally, Jefferies Group upped their price target on Floor & Decor from $38.00 to $42.00 and gave the company a “hold” rating in a research report on Friday, November 3rd. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $43.44.

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Floor & Decor 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 (NYSE:FND)

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