Atom Investors LP Buys 63,675 Shares of Floor & Decor Holdings, Inc. $FND

Atom Investors LP grew its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 252.0% during the 4th quarter, HoldingsChannel reports. The firm owned 88,938 shares of the company’s stock after acquiring an additional 63,675 shares during the quarter. Atom Investors LP’s holdings in Floor & Decor were worth $5,415,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Floor & Decor by 9.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company’s stock worth $27,346,000 after acquiring an additional 30,195 shares during the last quarter. Invesco Ltd. grew its position in Floor & Decor by 290.8% during the 2nd quarter. Invesco Ltd. now owns 597,083 shares of the company’s stock worth $45,354,000 after acquiring an additional 444,290 shares during the last quarter. California Public Employees Retirement System grew its position in Floor & Decor by 12.7% during the 2nd quarter. California Public Employees Retirement System now owns 140,132 shares of the company’s stock worth $10,644,000 after acquiring an additional 15,821 shares during the last quarter. State Street Corp grew its position in Floor & Decor by 1.1% during the 2nd quarter. State Street Corp now owns 3,811,571 shares of the company’s stock worth $289,527,000 after acquiring an additional 42,636 shares during the last quarter. Finally, Sei Investments Co. grew its position in Floor & Decor by 33.9% during the 2nd quarter. Sei Investments Co. now owns 343,573 shares of the company’s stock worth $26,098,000 after acquiring an additional 87,013 shares during the last quarter.

Floor & Decor Stock Performance

Shares of FND opened at $52.54 on Wednesday. The firm has a market capitalization of $5.67 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 4.57 and a beta of 1.62. The business’s fifty day moving average price is $49.85 and its two-hundred day moving average price is $59.02. Floor & Decor Holdings, Inc. has a 52 week low of $42.64 and a 52 week high of $92.40.

Floor & Decor (NYSE:FND) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The firm’s quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.46 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, research analysts forecast that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently commented on FND. JPMorgan Chase & Co. decreased their price target on Floor & Decor from $78.00 to $48.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Weiss Ratings lowered Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Robert W. Baird set a $63.00 price target on Floor & Decor in a research report on Friday, May 1st. Zacks Research lowered Floor & Decor from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Finally, UBS Group decreased their price objective on Floor & Decor from $70.00 to $55.00 and set a “neutral” rating on the stock in a research report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Floor & Decor presently has a consensus rating of “Hold” and a consensus price target of $59.17.

Insider Buying and Selling at Floor & Decor

In other news, CEO Bradley Paulsen acquired 5,000 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were purchased at an average cost of $50.25 per share, for a total transaction of $251,250.00. Following the transaction, the chief executive officer owned 85,010 shares of the company’s stock, valued at approximately $4,271,752.50. This represents a 6.25% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Bryan Langley acquired 2,500 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was purchased at an average price of $48.69 per share, for a total transaction of $121,725.00. Following the completion of the transaction, the chief financial officer directly owned 42,016 shares in the company, valued at approximately $2,045,759.04. The trade was a 6.33% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.80% of the company’s stock.

Floor & Decor Profile

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.