10,630 Shares in Floor & Decor Holdings, Inc. $FND Bought by Diversify Wealth Management LLC

Diversify Wealth Management LLC bought a new stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) in the 4th quarter, Holdings Channel reports. The institutional investor bought 10,630 shares of the company’s stock, valued at approximately $647,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of FND. Advisory Services Network LLC purchased a new stake in Floor & Decor in the 3rd quarter worth $26,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Floor & Decor by 207.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after purchasing an additional 247 shares in the last quarter. eCIO Inc. purchased a new position in shares of Floor & Decor during the fourth quarter valued at about $41,000. State of Wyoming bought a new stake in shares of Floor & Decor in the second quarter worth about $46,000. Finally, Bank of Jackson Hole Trust lifted its position in shares of Floor & Decor by 37.7% in the third quarter. Bank of Jackson Hole Trust now owns 679 shares of the company’s stock worth $50,000 after buying an additional 186 shares in the last quarter.

Insider Activity

In other news, CEO Bradley Paulsen purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was purchased at an average cost of $50.25 per share, with a total value of $251,250.00. Following the purchase, the chief executive officer owned 85,010 shares in the company, valued at approximately $4,271,752.50. This trade represents a 6.25% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ersan Sayman sold 15,200 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $48.28, for a total transaction of $733,856.00. Following the transaction, the executive vice president owned 71,676 shares in the company, valued at $3,460,517.28. The trade was a 17.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

FND has been the subject of a number of research reports. Piper Sandler reissued an “overweight” rating and set a $70.00 price target (down from $78.00) on shares of Floor & Decor in a research note on Friday, May 1st. Citigroup reduced their price objective on Floor & Decor from $60.00 to $52.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. Zacks Research downgraded Floor & Decor from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Guggenheim cut their target price on shares of Floor & Decor from $90.00 to $65.00 and set a “buy” rating for the company in a report on Friday, May 1st. Finally, Robert W. Baird set a $63.00 price target on shares of Floor & Decor in a research report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Floor & Decor presently has an average rating of “Hold” and an average price target of $59.17.

Floor & Decor Stock Performance

Shares of Floor & Decor stock opened at $51.63 on Monday. The stock has a market cap of $5.57 billion, a price-to-earnings ratio of 28.06, a price-to-earnings-growth ratio of 4.45 and a beta of 1.63. The stock has a 50 day moving average price of $54.32 and a 200-day moving average price of $61.95. Floor & Decor Holdings, Inc. has a one year low of $46.47 and a one year high of $92.40.

Floor & Decor (NYSE:FND) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The business’s quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.46 EPS. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. Sell-side 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.