David Victor Christopherson Sells 6,850 Shares of Floor & Decor Holdings, Inc. (NYSE:FND) Stock

Floor & Decor Holdings, Inc. (NYSE:FNDGet Free Report) CAO David Victor Christopherson sold 6,850 shares of Floor & Decor stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $118.70, for a total value of $813,095.00. Following the completion of the sale, the chief accounting officer now directly owns 25,271 shares in the company, valued at approximately $2,999,667.70. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

  • On Thursday, December 21st, David Victor Christopherson sold 19,634 shares of Floor & Decor stock. The shares were sold at an average price of $114.50, for a total transaction of $2,248,093.00.

Floor & Decor Trading Up 2.2 %

NYSE:FND traded up $2.71 during midday trading on Wednesday, hitting $123.26. The stock had a trading volume of 1,699,672 shares, compared to its average volume of 1,490,186. The company has a quick ratio of 0.18, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. The stock has a 50-day moving average of $108.51 and a 200 day moving average of $97.76. The company has a market capitalization of $13.14 billion, a price-to-earnings ratio of 54.30, a PEG ratio of 5.65 and a beta of 1.83. Floor & Decor Holdings, Inc. has a one year low of $76.30 and a one year high of $123.66.

Floor & Decor (NYSE:FNDGet Free Report) last announced its quarterly earnings results on Thursday, February 22nd. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.27 by $0.07. Floor & Decor had a return on equity of 13.38% and a net margin of 5.57%. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the firm posted $0.64 earnings per share. The business’s revenue for the quarter was up .0% on a year-over-year basis. As a group, sell-side analysts forecast that Floor & Decor Holdings, Inc. will post 1.9 EPS for the current year.

Institutional Investors Weigh In On Floor & Decor

Several hedge funds have recently modified their holdings of the business. American International Group Inc. raised its position in shares of Floor & Decor by 7,906.5% in the 4th quarter. American International Group Inc. now owns 144,837 shares of the company’s stock worth $16,158,000 after acquiring an additional 143,028 shares in the last quarter. Centaurus Financial Inc. raised its holdings in Floor & Decor by 1.5% in the fourth quarter. Centaurus Financial Inc. now owns 152,372 shares of the company’s stock worth $16,999,000 after purchasing an additional 2,302 shares in the last quarter. Virtu Financial LLC grew its position in shares of Floor & Decor by 128.4% in the 4th quarter. Virtu Financial LLC now owns 5,127 shares of the company’s stock worth $572,000 after buying an additional 2,882 shares during the last quarter. Teachers Retirement System of The State of Kentucky bought a new position in shares of Floor & Decor during the 4th quarter worth approximately $3,340,000. Finally, Quarry LP acquired a new position in Floor & Decor during the 4th quarter valued at about $33,000.

Analysts Set New Price Targets

FND has been the topic of a number of research reports. Guggenheim boosted their target price on shares of Floor & Decor from $115.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday. TheStreet cut Floor & Decor from a “b-” rating to a “c+” rating in a research note on Tuesday, November 7th. The Goldman Sachs Group lifted their target price on Floor & Decor from $71.00 to $79.00 and gave the stock a “neutral” rating in a report on Monday. BNP Paribas lowered Floor & Decor from an “outperform” rating to an “underperform” rating in a report on Wednesday, November 29th. Finally, Wells Fargo & Company downgraded Floor & Decor from an “overweight” rating to an “equal weight” rating and raised their price target for the stock from $85.00 to $105.00 in a research report on Thursday, January 4th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $104.76.

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About Floor & Decor

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Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer and commercial flooring distributor 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.

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

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