Floor & Decor Holdings, Inc. (NYSE:FND) Director George Vincent West sold 50,000 shares of Floor & Decor Holdings stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $37.90, for a total value of $1,895,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) traded up 0.11% during midday trading on Monday, reaching $38.01. The company’s stock had a trading volume of 185,349 shares. The stock’s 50-day moving average is $38.28 and its 200-day moving average is $37.88. Floor & Decor Holdings, Inc. has a one year low of $29.37 and a one year high of $46.99. The company has a market capitalization of $3.58 billion and a P/E ratio of 55.98.

Floor & Decor Holdings (NYSE:FND) last released its quarterly earnings results on Thursday, July 27th. The company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. The firm had revenue of $344.00 million for the quarter, compared to analysts’ expectations of $343.73 million. The business’s quarterly revenue was up 29.4% compared to the same quarter last year. On average, equities analysts expect that Floor & Decor Holdings, Inc. will post $0.60 earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ares Management LLC purchased a new position in shares of Floor & Decor Holdings during the second quarter worth $2,049,069,000. FS Capital Partners VI LLC purchased a new position in shares of Floor & Decor Holdings during the second quarter worth $993,798,000. Gilder Gagnon Howe & Co. LLC purchased a new position in shares of Floor & Decor Holdings during the second quarter worth $79,390,000. Vanguard Group Inc. purchased a new position in shares of Floor & Decor Holdings during the second quarter worth $32,590,000. Finally, Alliancebernstein L.P. purchased a new position in shares of Floor & Decor Holdings during the second quarter worth $31,751,000. Institutional investors and hedge funds own 92.78% of the company’s stock.

A number of equities analysts have recently commented on FND shares. Bank of America Corporation reiterated a “buy” rating and issued a $42.00 target price on shares of Floor & Decor Holdings in a report on Tuesday, September 5th. Zacks Investment Research cut Floor & Decor Holdings from a “buy” rating to a “hold” rating in a report on Monday, September 11th. Telsey Advisory Group started coverage on Floor & Decor Holdings in a report on Tuesday, July 11th. They issued a “market perform” rating and a $38.00 target price for the company. Wedbush upgraded Floor & Decor Holdings from a “neutral” rating to an “outperform” rating and set a $45.00 target price for the company in a report on Monday, July 24th. They noted that the move was a valuation call. Finally, J P Morgan Chase & Co started coverage on Floor & Decor Holdings in a report on Monday, October 16th. They issued an “overweight” rating and a $46.00 target price for the company. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $41.40.

About Floor & Decor Holdings

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).

Insider Buying and Selling by Quarter for Floor & Decor Holdings (NYSE:FND)

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