Floor & Decor Holdings, Inc. (NYSE:FND) EVP Sells $124,341.10 in Stock

Floor & Decor Holdings, Inc. (NYSE:FND - Get Free Report) EVP Steven Alan Denny sold 1,010 shares of the business's stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $123.11, for a total transaction of $124,341.10. Following the transaction, the executive vice president now directly owns 12,911 shares in the company, valued at $1,589,473.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Steven Alan Denny also recently made the following trade(s):

• On Thursday, February 29th, Steven Alan Denny sold 5,152 shares of Floor & Decor stock. The stock was sold at an average price of $123.52, for a total transaction of $636,375.04.

Floor & Decor Stock Performance

Shares of FND traded down $0.77 during mid-day trading on Wednesday, hitting $122.78. The company's stock had a trading volume of 1,095,777 shares, compared to its average volume of 1,375,096. Floor & Decor Holdings, Inc. has a one year low of $76.30 and a one year high of $135.67. The stock's 50-day moving average is $118.70 and its two-hundred day moving average is $108.34. The firm has a market capitalization of $13.14 billion, a PE ratio of 59.69, a price-to-earnings-growth ratio of 7.25 and a beta of 1.86. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.21 and a current ratio of 1.17.

Floor & Decor (NYSE:FND - Get Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.02. Floor & Decor had a net margin of 5.11% and a return on equity of 11.80%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the firm earned $0.66 EPS. The business's revenue was down 2.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Floor & Decor Holdings, Inc. will post 1.89 EPS for the current year.

Institutional Investors Weigh In On Floor & Decor

A number of institutional investors have recently added to or reduced their stakes in FND. Riverview Trust Co bought a new stake in shares of Floor & Decor in the 1st quarter worth approximately $26,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Floor & Decor in the third quarter valued at $30,000. Mendota Financial Group LLC bought a new position in Floor & Decor in the fourth quarter worth $33,000. Rise Advisors LLC acquired a new stake in Floor & Decor during the first quarter worth $39,000. Finally, Global Retirement Partners LLC increased its holdings in Floor & Decor by 97.1% in the 1st quarter. Global Retirement Partners LLC now owns 339 shares of the company's stock valued at $44,000 after buying an additional 167 shares during the period.

Analyst Ratings Changes

Several analysts recently issued reports on FND shares. UBS Group cut their price objective on Floor & Decor from $135.00 to $125.00 and set a "neutral" rating for the company in a report on Friday, May 3rd. Guggenheim boosted their price target on Floor & Decor from $115.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, February 27th. Evercore ISI increased their price objective on Floor & Decor from $120.00 to $125.00 and gave the stock an "in-line" rating in a report on Tuesday. Wedbush reiterated an "outperform" rating and issued a $125.00 target price on shares of Floor & Decor in a research note on Friday, May 3rd. Finally, Sanford C. Bernstein lowered shares of Floor & Decor from an "outperform" rating to a "market perform" rating and increased their price target for the stock from $100.00 to $115.00 in a research note on Tuesday, January 16th. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, Floor & Decor presently has a consensus rating of "Hold" and an average target price of $109.24.

About Floor & Decor

Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools; and vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting.

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