Traders Purchase Large Volume of Floor & Decor Put Options (NYSE:FND)

Floor & Decor Holdings, Inc. (NYSE:FND) was the recipient of some unusual options trading on Friday. Stock investors bought 16,864 put options on the company. This is an increase of 1,341% compared to the average volume of 1,170 put options.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Truist Financial decreased their price target on shares of Floor & Decor from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday. Zacks Research lowered shares of Floor & Decor from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Telsey Advisory Group cut shares of Floor & Decor from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $68.00 to $50.00 in a report on Friday. Stifel Nicolaus downgraded shares of Floor & Decor from a “buy” rating to a “hold” rating and dropped their price target for the company from $75.00 to $52.00 in a research report on Monday. Finally, The Goldman Sachs Group set a $53.00 price target on Floor & Decor in a research note on Saturday, August 1st. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, Floor & Decor has an average rating of “Hold” and an average price target of $55.70.

Insiders Place Their Bets

In other Floor & Decor news, insider Thomas V. Taylor sold 218,189 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the transaction, the insider owned 229,820 shares in the company, valued at $14,317,786. This trade represents a 48.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Floor & Decor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vise Technologies Inc. bought a new position in shares of Floor & Decor during the 3rd quarter worth approximately $273,000. State of Wyoming bought a new stake in Floor & Decor during the 3rd quarter valued at $85,000. Signaturefd LLC increased its stake in Floor & Decor by 46.9% during the 3rd quarter. Signaturefd LLC now owns 3,674 shares of the company’s stock valued at $168,000 after purchasing an additional 1,173 shares in the last quarter. Simplicity Wealth LLC raised its holdings in Floor & Decor by 61.8% during the third quarter. Simplicity Wealth LLC now owns 10,638 shares of the company’s stock worth $487,000 after buying an additional 4,064 shares during the last quarter. Finally, Gibbs Wealth Management raised its holdings in Floor & Decor by 6.8% during the third quarter. Gibbs Wealth Management now owns 8,037 shares of the company’s stock worth $368,000 after buying an additional 511 shares during the last quarter.

Key Headlines Impacting Floor & Decor

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Floor & Decor reported third-quarter adjusted earnings of $0.61 per share, exceeding the $0.57 consensus estimate and rising from $0.53 a year earlier. Management highlighted 15% EPS growth and resilience in the business, including continued strength in pro sales. Third-Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Truist lowered its price target to $65 from $70 but maintained a “buy” rating, implying substantial upside from recent trading levels. Truist Price Target Update
• Neutral Sentiment: The company announced a board succession and refreshment plan: Thomas Taylor will become board chair on January 1, 2027, while Lauren Taylor Wolfe will join as an independent director. Board Leadership Transition
• Negative Sentiment: Revenue of approximately $1.21 billion was slightly below the $1.22 billion consensus estimate, while comparable-store sales declined 1.4%. The sales softness likely outweighed the EPS beat for investors. Floor & Decor Earnings Results
• Negative Sentiment: Analyst sentiment deteriorated after the report. UBS reduced its target to $54 from $60 while keeping a neutral rating, and Telsey Advisory Group downgraded the stock to “market perform” and cut its target to $50 from $68. Zacks Research also moved its rating from “hold” to “strong sell.” UBS Price Target Update
• Negative Sentiment: Options activity reflected heightened bearish positioning, with traders purchasing roughly 16,864 put contracts—about 1,341% above typical volume. Why Floor & Decor Moved

Floor & Decor Trading Down 4.9%

Shares of Floor & Decor stock opened at $47.86 on Friday. The company has a market capitalization of $5.10 billion, a price-to-earnings ratio of 21.46, a PEG ratio of 4.13 and a beta of 1.60. The company has a quick ratio of 0.45, a current ratio of 1.33 and a debt-to-equity ratio of 0.08. Floor & Decor has a 12-month low of $42.64 and a 12-month high of $77.46. The firm’s 50-day moving average price is $47.80 and its two-hundred day moving average price is $54.90.

Floor & Decor (NYSE:FND) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.04. Floor & Decor had a return on equity of 8.43% and a net margin of 5.05%. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the company earned $0.53 EPS. Floor & Decor’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, analysts forecast that Floor & Decor will post 1.96 earnings per share for the current fiscal year.

About Floor & Decor

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.

Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.