Caxton Associates LLP Purchases Shares of 42,618 Floor & Decor Holdings, Inc. $FND

Caxton Associates LLP purchased a new stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) in the 1st quarter, Holdings Channel.com reports. The fund purchased 42,618 shares of the company’s stock, valued at approximately $2,165,000.

Other hedge funds also recently modified their holdings of the company. Advisory Services Network LLC bought a new stake in shares of Floor & Decor in the third quarter worth $26,000. Northwestern Mutual Wealth Management Co. lifted its holdings in 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 period. Summit Securities Group LLC acquired a new position in Floor & Decor during the 1st quarter worth about $31,000. Clearstead Advisors LLC grew its position in shares of Floor & Decor by 215.7% in 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 last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Floor & Decor in the 4th quarter valued at about $34,000.

Insider Buying and Selling

In other news, CFO Bryan Langley purchased 2,500 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were acquired at an average cost of $48.69 per share, with a total value of $121,725.00. Following the purchase, the chief financial officer owned 42,016 shares in the company, valued at $2,045,759.04. This represents a 6.33% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Ersan Sayman sold 15,200 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were 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 $3,460,517.28. This trade represents a 17.50% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.80% of the stock is owned by company insiders.

Floor & Decor Trading Up 1.4%

NYSE:FND opened at $53.78 on Friday. Floor & Decor Holdings, Inc. has a 12 month low of $42.64 and a 12 month high of $92.40. The stock has a market capitalization of $5.80 billion, a price-to-earnings ratio of 29.23, a PEG ratio of 4.56 and a beta of 1.58. The firm has a fifty day simple moving average of $52.92 and a two-hundred day simple moving average of $57.67.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Mizuho lowered their price objective on Floor & Decor from $72.00 to $58.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. Evercore set a $60.00 target price on shares of Floor & Decor in a research report on Tuesday, July 7th. Wolfe Research restated an “underperform” rating and set a $41.00 price target on shares of Floor & Decor in a report on Tuesday. Zacks Research upgraded shares of Floor & Decor from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Guggenheim reduced their price objective on shares of Floor & Decor from $90.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Floor & Decor presently has an average rating of “Hold” and an average target price of $57.72.

Floor & Decor 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.