Floor & Decor Holdings Inc (NYSE:FND) CMO Sells $1,443,180.60 in Stock

Share on StockTwits

Floor & Decor Holdings Inc (NYSE:FND) CMO Lisa Laube sold 30,060 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $48.01, for a total value of $1,443,180.60. Following the completion of the sale, the chief marketing officer now owns 101,087 shares of the company’s stock, valued at approximately $4,853,186.87. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Lisa Laube also recently made the following trade(s):

  • On Tuesday, September 24th, Lisa Laube sold 80,000 shares of Floor & Decor stock. The shares were sold at an average price of $50.00, for a total value of $4,000,000.00.

FND opened at $44.31 on Friday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.28 and a current ratio of 1.33. Floor & Decor Holdings Inc has a 52-week low of $23.30 and a 52-week high of $53.00. The stock has a market capitalization of $4.53 billion, a PE ratio of 45.68, a price-to-earnings-growth ratio of 1.76 and a beta of 1.94. The stock’s 50 day moving average price is $48.72 and its 200-day moving average price is $43.76.

Floor & Decor (NYSE:FND) last posted its earnings results on Thursday, August 1st. The company reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.04. Floor & Decor had a return on equity of 18.32% and a net margin of 6.35%. The firm had revenue of $520.31 million for the quarter, compared to analysts’ expectations of $510.73 million. During the same period in the previous year, the firm earned $0.27 earnings per share. The business’s revenue was up 19.8% compared to the same quarter last year. Research analysts forecast that Floor & Decor Holdings Inc will post 1.11 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Stephens Investment Management Group LLC increased its stake in shares of Floor & Decor by 56.0% during the third quarter. Stephens Investment Management Group LLC now owns 1,000,397 shares of the company’s stock valued at $51,170,000 after buying an additional 359,107 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Floor & Decor by 19.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,452 shares of the company’s stock valued at $228,000 after buying an additional 727 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Floor & Decor by 16.9% during the third quarter. Envestnet Asset Management Inc. now owns 48,874 shares of the company’s stock valued at $2,500,000 after buying an additional 7,070 shares during the period. Atria Investments LLC purchased a new position in shares of Floor & Decor during the second quarter valued at approximately $73,000. Finally, Treasurer of the State of North Carolina increased its stake in shares of Floor & Decor by 15.1% during the second quarter. Treasurer of the State of North Carolina now owns 26,727 shares of the company’s stock valued at $1,120,000 after buying an additional 3,500 shares during the period.

Several analysts have weighed in on the company. Morgan Stanley boosted their price objective on Floor & Decor from $38.00 to $41.00 and gave the company an “equal weight” rating in a research report on Thursday, August 22nd. Piper Jaffray Companies set a $49.00 price objective on Floor & Decor and gave the company a “hold” rating in a research report on Tuesday, October 15th. UBS Group lowered their price objective on Floor & Decor from $55.00 to $51.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. ValuEngine downgraded Floor & Decor from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 2nd. Finally, Loop Capital boosted their price objective on Floor & Decor from $43.00 to $46.00 and gave the company a “hold” rating in a research report on Monday, October 14th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $46.28.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc operates as a multi-channel specialty retailer of hard surface flooring and related accessories. The company's stores offer tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative and installation accessories. It serves professional installers, commercial businesses, and do it yourself customers.

Further Reading: Fundamental Analysis

Insider Buying and Selling by Quarter for Floor & Decor (NYSE:FND)

Receive News & Ratings for Floor & Decor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Floor & Decor and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Analysts Expect Callaway Golf Co  Will Announce Earnings of -$0.23 Per Share
Analysts Expect Callaway Golf Co Will Announce Earnings of -$0.23 Per Share
Futurepia   Trading 11.9% Lower  This Week
Futurepia Trading 11.9% Lower This Week
Jetcoin Reaches Market Cap of $61,335.00
Jetcoin Reaches Market Cap of $61,335.00
Castle Biosciences  Lifted to Buy at Zacks Investment Research
Castle Biosciences Lifted to Buy at Zacks Investment Research
Y-mAbs Therapeutics  Stock Rating Reaffirmed by HC Wainwright
Y-mAbs Therapeutics Stock Rating Reaffirmed by HC Wainwright
Fuel Tech  Lowered to Strong Sell at Zacks Investment Research
Fuel Tech Lowered to Strong Sell at Zacks Investment Research


 
© 2006-2019 Zolmax.