Floor & Decor Holdings Inc (NYSE:FND) Director Peter Starrett sold 31,900 shares of the company’s stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $49.03, for a total transaction of $1,564,057.00. Following the transaction, the director now owns 34,995 shares of the company’s stock, valued at approximately $1,715,804.85. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Peter Starrett also recently made the following trade(s):
- On Thursday, January 18th, Peter Starrett sold 45,000 shares of Floor & Decor stock. The stock was sold at an average price of $49.31, for a total transaction of $2,218,950.00.
Floor & Decor Holdings Inc (FND) traded up $0.63 during trading hours on Friday, reaching $45.13. 669,282 shares of the company’s stock traded hands, compared to its average volume of 614,014. 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 Holdings Inc has a 52-week low of $29.37 and a 52-week high of $51.48.
Large investors have recently bought and sold shares of the business. Thompson Davis & CO. Inc. purchased a new position in Floor & Decor during the 4th quarter valued at about $110,000. FNY Partners Fund LP purchased a new position in Floor & Decor during the 3rd quarter valued at about $116,000. Toronto Dominion Bank purchased a new position in Floor & Decor during the 2nd quarter valued at about $157,000. Public Employees Retirement System of Ohio purchased a new position in Floor & Decor during the 2nd quarter valued at about $179,000. Finally, Principal Financial Group Inc. purchased a new position in Floor & Decor during the 3rd quarter valued at about $208,000. Hedge funds and other institutional investors own 91.12% of the company’s stock.
A number of equities analysts have recently issued reports on FND shares. Zacks Investment Research downgraded shares of Floor & Decor from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. Telsey Advisory Group reiterated an “outperform” rating and issued a $54.00 price target (up previously from $47.00) on shares of Floor & Decor in a report on Monday, January 8th. Wells Fargo & Co set a $45.00 price target on shares of Floor & Decor and gave the company a “hold” rating in a report on Monday, January 8th. JPMorgan Chase & Co. started coverage on shares of Floor & Decor in a report on Monday, October 16th. They issued an “overweight” rating and a $46.00 price target for the company. Finally, Jefferies Group increased their price target on shares of Floor & Decor from $38.00 to $42.00 and gave the company a “hold” rating in a report on Friday, November 3rd. Seven equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $45.13.
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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).
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