Insider Buying: Floor & Decor (NYSE:FND) CEO Purchases $251,250.00 in Stock

Floor & Decor Holdings, Inc. (NYSE:FND) CEO Bradley Paulsen purchased 5,000 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were bought at an average cost of $50.25 per share, with a total value of $251,250.00. Following the purchase, the chief executive officer directly owned 85,010 shares of the company’s stock, valued at approximately $4,271,752.50. This represents a 6.25% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Floor & Decor Stock Performance

Shares of NYSE FND opened at $51.11 on Thursday. Floor & Decor Holdings, Inc. has a 52-week low of $46.47 and a 52-week high of $92.40. The firm has a market capitalization of $5.51 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 4.13 and a beta of 1.63. The stock has a 50 day moving average price of $54.69 and a 200 day moving average price of $62.09.

Floor & Decor (NYSE:FND) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the previous year, the business earned $0.46 earnings per share. The company’s revenue for the quarter was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. Analysts forecast that Floor & Decor Holdings, Inc. will post 1.93 earnings per share for the current year.

Institutional Investors Weigh In On Floor & Decor

Hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its stake in Floor & Decor by 1,060,525.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock valued at $236,368,000 after purchasing an additional 3,881,522 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Floor & Decor by 46.0% in the third quarter. Principal Financial Group Inc. now owns 6,398,431 shares of the company’s stock worth $471,567,000 after purchasing an additional 2,015,999 shares in the last quarter. Capital World Investors lifted its position in shares of Floor & Decor by 37.2% during the third quarter. Capital World Investors now owns 6,914,316 shares of the company’s stock valued at $509,589,000 after buying an additional 1,872,892 shares during the last quarter. Champlain Investment Partners LLC bought a new stake in shares of Floor & Decor in the 4th quarter valued at about $108,060,000. Finally, Durable Capital Partners LP bought a new stake in shares of Floor & Decor in the 2nd quarter valued at about $106,221,000.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Wells Fargo & Company decreased their price objective on Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating for the company in a report on Friday, May 1st. Weiss Ratings reissued a “hold (c-)” rating on shares of Floor & Decor in a research report on Monday, April 27th. Barclays reduced their price target on shares of Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. UBS Group lowered their price target on shares of Floor & Decor from $70.00 to $55.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. Finally, Citigroup dropped their price objective on shares of Floor & Decor from $60.00 to $52.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $59.94.

About Floor & Decor

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.