George Vincent West Sells 18,900 Shares of Floor & Decor Holdings Inc (NYSE:FND) Stock

Floor & Decor Holdings Inc (NYSE:FND) Director George Vincent West sold 18,900 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $44.00, for a total value of $831,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

George Vincent West also recently made the following trade(s):

  • On Wednesday, December 20th, George Vincent West sold 41,100 shares of Floor & Decor stock. The stock was sold at an average price of $44.06, for a total value of $1,810,866.00.
  • On Monday, November 20th, George Vincent West sold 125,000 shares of Floor & Decor stock. The stock was sold at an average price of $34.92, for a total value of $4,365,000.00.
  • On Friday, November 3rd, George Vincent West sold 90,000 shares of Floor & Decor stock. The stock was sold at an average price of $41.39, for a total value of $3,725,100.00.
  • On Friday, October 20th, George Vincent West sold 50,000 shares of Floor & Decor stock. The stock was sold at an average price of $37.90, for a total value of $1,895,000.00.

Shares of Floor & Decor Holdings Inc (NYSE:FND) traded up $1.17 during midday trading on Friday, hitting $48.14. The stock had a trading volume of 667,355 shares, compared to its average volume of 878,878. The firm has a market capitalization of $4,580.00 and a PE ratio of 65.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.18 and a current ratio of 1.33. Floor & Decor Holdings Inc has a twelve month low of $29.37 and a twelve month high of $49.86.

Floor & Decor (NYSE:FND) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. The business had revenue of $343.90 million for the quarter, compared to analysts’ expectations of $338.62 million. Floor & Decor had a return on equity of 26.39% and a net margin of 5.62%. The company’s revenue for the quarter was up 26.8% compared to the same quarter last year. During the same period last year, the firm earned $0.12 earnings per share. sell-side analysts expect that Floor & Decor Holdings Inc will post 0.67 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in FND. Russell Investments Group Ltd. acquired a new stake in shares of Floor & Decor in the second quarter valued at $662,000. Schwab Charles Investment Management Inc. acquired a new stake in shares of Floor & Decor in the second quarter valued at $1,016,000. First Trust Advisors LP acquired a new stake in shares of Floor & Decor in the second quarter valued at $2,832,000. Rhumbline Advisers acquired a new stake in Floor & Decor in the second quarter valued at $388,000. Finally, Bank of New York Mellon Corp acquired a new stake in Floor & Decor in the second quarter valued at $912,000. Institutional investors and hedge funds own 93.49% of the company’s stock.

A number of research analysts have commented on the company. JPMorgan Chase & Co. assumed coverage on Floor & Decor in a research note on Monday, October 16th. They set an “overweight” rating and a $46.00 price target on the stock. Piper Jaffray Companies restated a “hold” rating and set a $42.00 price target on shares of Floor & Decor in a research note on Thursday, October 12th. BMO Capital Markets upped their price target on Floor & Decor to $54.00 and gave the stock a “market perform” rating in a research note on Tuesday. Stifel Nicolaus assumed coverage on Floor & Decor in a research note on Wednesday, December 13th. They set a “buy” rating and a $51.00 price target on the stock. Finally, Telsey Advisory Group upgraded Floor & Decor from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $39.00 to $47.00 in a research note on Friday, November 3rd. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Floor & Decor currently has an average rating of “Buy” and an average price target of $45.13.

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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).

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

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