George Vincent West Sells 41,100 Shares of Floor & Decor Holdings Inc (NYSE:FND) Stock

Floor & Decor Holdings Inc (NYSE:FND) Director George Vincent West sold 41,100 shares of Floor & Decor stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $44.06, for a total value of $1,810,866.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

  • On Monday, December 18th, George Vincent West sold 18,900 shares of Floor & Decor stock. The shares were sold at an average price of $44.00, for a total value of $831,600.00.
  • On Monday, November 20th, George Vincent West sold 125,000 shares of Floor & Decor stock. The shares were 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 shares were 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 shares were sold at an average price of $37.90, for a total value of $1,895,000.00.

Floor & Decor Holdings Inc (NYSE FND) opened at $48.14 on Friday. 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 52 week low of $29.37 and a 52 week high of $49.86.

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

Hedge funds have recently bought and sold shares of the stock. FNY Partners Fund LP acquired a new stake in Floor & Decor in the 3rd quarter worth about $116,000. Toronto Dominion Bank acquired a new stake in Floor & Decor in the 2nd quarter worth about $157,000. Public Employees Retirement System of Ohio acquired a new stake in Floor & Decor in the 2nd quarter worth about $179,000. Principal Financial Group Inc. acquired a new stake in Floor & Decor in the 3rd quarter worth about $208,000. Finally, Balyasny Asset Management LLC acquired a new stake in Floor & Decor in the 2nd quarter worth about $212,000. Institutional investors own 93.49% of the company’s stock.

A number of research firms have weighed in on FND. BMO Capital Markets lifted their price objective on Floor & Decor to $54.00 and gave the company a “market perform” rating in a research note on Tuesday, January 9th. Telsey Advisory Group reiterated an “outperform” rating and set a $54.00 price objective (up previously from $47.00) on shares of Floor & Decor in a research note on Monday, January 8th. Wells Fargo & Co set a $45.00 price target on Floor & Decor and gave the company a “hold” rating in a research note on Monday, January 8th. Piper Jaffray Companies restated a “hold” rating and issued a $50.00 price target on shares of Floor & Decor in a research note on Tuesday, January 9th. Finally, Stifel Nicolaus initiated coverage on Floor & Decor in a research note on Wednesday, December 13th. They issued a “buy” rating and a $51.00 price target for the company. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $45.13.

ILLEGAL ACTIVITY NOTICE: “George Vincent West Sells 41,100 Shares of Floor & Decor Holdings Inc (NYSE:FND) Stock” was first posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this report on another website, it was stolen and reposted in violation of US & international copyright laws. The legal version of this report can be viewed at https://www.thelincolnianonline.com/2018/01/14/george-vincent-west-sells-41100-shares-of-floor-decor-holdings-inc-fnd-stock-updated-updated-updated.html.

Floor & Decor Company Profile

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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