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

Floor & Decor Holdings, Inc. (NYSE:FND) Director George Vincent West sold 41,100 shares of the company’s stock in a transaction on 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 document filed with the SEC, which is available through the SEC website.

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) traded up $0.81 on Friday, hitting $44.93. The stock had a trading volume of 514,600 shares, compared to its average volume of 564,781. Floor & Decor Holdings, Inc. has a 52 week low of $29.37 and a 52 week high of $46.99. The company has a quick ratio of 0.18, a current ratio of 1.33 and a debt-to-equity ratio of 0.47.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, November 2nd. The company reported $0.17 earnings per share for the quarter, beating the 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 firm had revenue of $343.90 million during the quarter, compared to the consensus estimate of $338.62 million. During the same quarter in the prior year, the company earned $0.12 EPS. The firm’s revenue for the quarter was up 26.8% compared to the same quarter last year. equities research analysts forecast that Floor & Decor Holdings, Inc. will post 0.66 earnings per share for the current year.

A number of brokerages have commented on FND. Stifel Nicolaus began coverage on Floor & Decor in a research note on Wednesday, December 13th. They issued a “buy” rating and a $51.00 target price on the stock. Zacks Investment Research upgraded Floor & Decor from a “hold” rating to a “buy” rating and set a $46.00 target price on the stock in a research note on Monday, November 6th. BMO Capital Markets boosted their target price on Floor & Decor from $41.00 to $45.00 and gave the company a “market perform” rating in a research note on Monday, November 6th. Jefferies Group boosted their target price on Floor & Decor from $38.00 to $42.00 and gave the company a “hold” rating in a research note on Friday, November 3rd. Finally, Credit Suisse Group boosted their target price on Floor & Decor from $43.00 to $47.00 and gave the company an “outperform” rating 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 stock. Floor & Decor currently has an average rating of “Buy” and an average target price of $43.44.

A number of large investors have recently made changes to their positions in the stock. Brighton Jones LLC boosted its stake in Floor & Decor by 17.1% during the 3rd quarter. Brighton Jones LLC now owns 11,834 shares of the company’s stock valued at $461,000 after purchasing an additional 1,731 shares during the period. FNY Partners Fund LP acquired a new position in Floor & Decor in the 3rd quarter valued at approximately $116,000. Toronto Dominion Bank acquired a new position in Floor & Decor in the 2nd quarter valued at approximately $157,000. Public Employees Retirement System of Ohio acquired a new position in Floor & Decor in the 2nd quarter valued at approximately $179,000. Finally, Principal Financial Group Inc. acquired a new position in Floor & Decor in the 3rd quarter valued at approximately $208,000. Hedge funds and other institutional investors own 93.49% of the company’s stock.

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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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