Floor & Decor (NYSE:FND) Insider Thomas Taylor Sells 218,189 Shares

Floor & Decor Holdings, Inc. (NYSE:FND) insider Thomas Taylor sold 218,189 shares of Floor & Decor stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $62.30, for a total value of $13,593,174.70. Following the completion of the sale, the insider directly owned 229,820 shares in the company, valued at $14,317,786. This represents a 48.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Floor & Decor Stock Down 0.1%

Shares of FND opened at $62.61 on Monday. The stock has a 50 day moving average price of $54.97 and a 200 day moving average price of $56.64. Floor & Decor Holdings, Inc. has a one year low of $42.64 and a one year high of $92.40. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.45 and a current ratio of 1.33. The stock has a market capitalization of $6.67 billion, a price-to-earnings ratio of 29.12, a PEG ratio of 5.08 and a beta of 1.57.

Floor & Decor (NYSE:FND) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%.The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the firm posted $0.58 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. Equities research analysts forecast that Floor & Decor Holdings, Inc. will post 1.99 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Floor & Decor

A number of hedge funds have recently modified their holdings of the company. Advisory Services Network LLC acquired a new position in Floor & Decor in the 3rd quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Floor & Decor by 207.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock worth $27,000 after buying an additional 247 shares during the last quarter. Summit Securities Group LLC purchased a new stake in shares of Floor & Decor during the 1st quarter valued at approximately $31,000. Clearstead Advisors LLC raised its position in shares of Floor & Decor by 215.7% during the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 384 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new position in Floor & Decor in the fourth quarter valued at approximately $34,000.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Mizuho lowered their price target on shares of Floor & Decor from $72.00 to $58.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. UBS Group increased their price objective on shares of Floor & Decor from $55.00 to $60.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Robert W. Baird set a $67.00 target price on Floor & Decor in a report on Friday, July 31st. Evercore set a $60.00 target price on Floor & Decor in a report on Tuesday, July 7th. Finally, The Goldman Sachs Group set a $53.00 price target on Floor & Decor in a research report on Saturday, August 1st. Five equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $59.42.

About Floor & Decor

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.