Insider Selling: Floor & Decor Holdings, Inc. (FND) SVP Sells 16,091 Shares of Stock
Floor & Decor Holdings, Inc. (NYSE:FND) SVP David Victor Christopherson sold 16,091 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $43.33, for a total transaction of $697,223.03. Following the sale, the senior vice president now directly owns 24,383 shares of the company’s stock, valued at approximately $1,056,515.39. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
David Victor Christopherson also recently made the following trade(s):
- On Friday, November 3rd, David Victor Christopherson sold 32,181 shares of Floor & Decor stock. The stock was sold at an average price of $41.20, for a total transaction of $1,325,857.20.
Floor & Decor Holdings, Inc. (FND) traded up $0.20 during trading on Tuesday, hitting $43.75. The stock had a trading volume of 567,700 shares, compared to its average volume of 567,275. Floor & Decor Holdings, Inc. has a one year low of $29.37 and a one year high of $46.99. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.33 and a quick ratio of 0.18.
Several equities research analysts recently weighed in on FND shares. Bank of America reaffirmed a “buy” rating and set a $42.00 price objective on shares of Floor & Decor in a research report on Tuesday, September 5th. Zacks Investment Research cut shares of Floor & Decor from a “buy” rating to a “hold” rating in a research report on Monday, September 11th. BMO Capital Markets started coverage on shares of Floor & Decor in a research report on Thursday, September 14th. They set a “market perform” rating and a $41.00 price objective for the company. Piper Jaffray Companies reaffirmed a “hold” rating and set a $42.00 price objective on shares of Floor & Decor in a research report on Thursday, October 12th. Finally, J P Morgan Chase & Co started coverage on shares of Floor & Decor in a report on Monday, October 16th. They issued an “overweight” rating and a $46.00 target price for the company. Seven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $43.44.
Large investors have recently added to or reduced their stakes in the business. FNY Partners Fund LP acquired a new stake in Floor & Decor during the 3rd quarter valued at approximately $116,000. Toronto Dominion Bank acquired a new stake in Floor & Decor during the 2nd quarter valued at approximately $157,000. Public Employees Retirement System of Ohio acquired a new stake in Floor & Decor during the 2nd quarter valued at approximately $179,000. Principal Financial Group Inc. bought a new position in shares of Floor & Decor during the 3rd quarter worth approximately $208,000. Finally, Balyasny Asset Management LLC bought a new position in shares of Floor & Decor during the 2nd quarter worth approximately $212,000. 93.49% of the stock is owned by institutional investors and hedge funds.
WARNING: This piece of content was reported by Watch List News and is the property of of Watch List News. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/insider-selling-floor-decor-holdings-inc-fnd-svp-sells-16091-shares-of-stock/1773296.html.
About Floor & Decor
Floor & Decor Holdings, Inc, formerly FDO Holdings, Inc, is a retailer of hard surface flooring and related accessories. The Company retails its products such as tile, stone, wood, marble, glass and decoratives. The Company has 72 stores across 17 states in the United States. The Company provides its products to customers, including professional installers and commercial businesses (Pro), Do it Yourself customers (DIY) and customers who buy the products for professional installation (Buy it Yourself or BIY).
Receive News & Ratings for Floor & Decor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Floor & Decor and related companies with MarketBeat.com's FREE daily email newsletter.