Floor & Decor Holdings, Inc. $FND Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC trimmed its position in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 19.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 90,404 shares of the company’s stock after selling 21,197 shares during the quarter. SG Americas Securities LLC’s holdings in Floor & Decor were worth $4,593,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in FND. NZS Capital LLC increased its holdings in shares of Floor & Decor by 50.6% in the third quarter. NZS Capital LLC now owns 267,750 shares of the company’s stock valued at $19,733,000 after purchasing an additional 89,997 shares during the last quarter. Littlejohn & Co. LLC acquired a new position in Floor & Decor during the fourth quarter worth $7,916,000. TD Asset Management Inc boosted its stake in Floor & Decor by 134.7% during the third quarter. TD Asset Management Inc now owns 35,162 shares of the company’s stock worth $2,591,000 after buying an additional 20,182 shares during the last quarter. Black Cypress Capital Management LLC grew its holdings in Floor & Decor by 135.0% in the 4th quarter. Black Cypress Capital Management LLC now owns 201,673 shares of the company’s stock valued at $12,280,000 after buying an additional 115,858 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Floor & Decor by 0.4% in the 4th quarter. Principal Financial Group Inc. now owns 6,421,067 shares of the company’s stock valued at $390,981,000 after buying an additional 22,636 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on FND. Morgan Stanley reaffirmed a “positive” rating and issued a $56.00 target price on shares of Floor & Decor in a research note on Friday, May 1st. Stifel Nicolaus set a $75.00 price objective on shares of Floor & Decor in a report on Friday, May 1st. Bank of America lowered shares of Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 price objective for the company. in a report on Friday, April 17th. Wells Fargo & Company cut their price objective on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating for the company in a research report on Friday, May 1st. Finally, Robert W. Baird set a $63.00 target price on shares of Floor & Decor in a research note on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $59.17.

Insider Activity

In other news, EVP Ersan Sayman sold 15,200 shares of Floor & Decor stock in a transaction on Monday, May 4th. The stock was sold at an average price of $48.28, for a total value of $733,856.00. Following the completion of the sale, the executive vice president directly owned 71,676 shares of the company’s stock, valued at approximately $3,460,517.28. The trade was a 17.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Bryan Langley acquired 2,500 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was purchased at an average price of $48.69 per share, for a total transaction of $121,725.00. Following the acquisition, the chief financial officer directly owned 42,016 shares in the company, valued at approximately $2,045,759.04. This trade represents a 6.33% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 1.80% of the company’s stock.

Floor & Decor Trading Down 1.8%

Shares of NYSE:FND opened at $58.52 on Tuesday. The business has a 50-day moving average price of $50.45 and a 200 day moving average price of $58.43. The company has a market capitalization of $6.31 billion, a price-to-earnings ratio of 31.80, a PEG ratio of 5.13 and a beta of 1.62. Floor & Decor Holdings, Inc. has a 12-month low of $42.64 and a 12-month high of $92.40.

Floor & Decor (NYSE:FND) last posted its earnings results on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the company earned $0.46 EPS. The company’s quarterly revenue was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, equities research analysts predict that Floor & Decor Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

Floor & Decor Company Profile

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.