Sequoia Financial Advisors LLC Has $956,000 Stock Holdings in Floor & Decor Holdings, Inc. $FND

Sequoia Financial Advisors LLC grew its stake in shares of Floor & Decor Holdings, Inc. (NYSE:FND) by 160.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,825 shares of the company’s stock after acquiring an additional 11,607 shares during the period. Sequoia Financial Advisors LLC’s holdings in Floor & Decor were worth $956,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Advisory Services Network LLC bought a new stake in Floor & Decor in the 3rd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. lifted its position in Floor & Decor by 207.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock worth $27,000 after purchasing an additional 247 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Floor & Decor during the 4th quarter worth approximately $34,000. Clearstead Advisors LLC boosted its holdings 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 purchasing an additional 384 shares in the last quarter. Finally, State of Wyoming acquired a new stake in Floor & Decor in the second quarter valued at about $46,000.

Insider Buying and Selling at Floor & Decor

In related news, CEO Bradley Paulsen acquired 5,000 shares of the stock in a transaction dated 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 completion of the purchase, the chief executive officer directly owned 85,010 shares in the company, valued at $4,271,752.50. This trade represents a 6.25% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ersan Sayman sold 15,200 shares of the stock in a transaction 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. The trade was a 17.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.80% of the company’s stock.

Floor & Decor Trading Down 3.0%

FND stock opened at $56.73 on Friday. Floor & Decor Holdings, Inc. has a 1-year low of $42.64 and a 1-year high of $92.40. The stock has a 50-day moving average price of $52.18 and a 200-day moving average price of $57.95. The firm has a market cap of $6.12 billion, a PE ratio of 30.83, a price-to-earnings-growth ratio of 5.03 and a beta of 1.58.

Floor & Decor (NYSE:FND) last posted 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). Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the firm posted $0.46 earnings per share. The company’s revenue for the quarter was down .7% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. On average, analysts forecast that Floor & Decor Holdings, Inc. will post 1.92 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on FND shares. JPMorgan Chase & Co. decreased their price target on shares of Floor & Decor from $78.00 to $48.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. Barclays dropped their price objective on shares of Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. UBS Group cut their target price on shares of Floor & Decor from $70.00 to $55.00 and set a “neutral” rating on the stock in a research report on Friday, May 1st. Wells Fargo & Company decreased their target price on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. Finally, Zelman & Associates lowered their price target on shares of Floor & Decor from $80.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Five analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $59.67.

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.