Floor & Decor Holdings, Inc. (NYSE:FND) Shares Purchased by Amalgamated Bank

Amalgamated Bank grew its position in shares of Floor & Decor Holdings, Inc. (NYSE:FNDFree Report) by 11.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,289 shares of the company’s stock after purchasing an additional 2,664 shares during the period. Amalgamated Bank’s holdings in Floor & Decor were worth $2,289,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Y.D. More Investments Ltd acquired a new position in shares of Floor & Decor in the third quarter valued at approximately $45,000. Stephens Inc. AR grew its holdings in Floor & Decor by 72.5% during the 1st quarter. Stephens Inc. AR now owns 545 shares of the company’s stock worth $54,000 after acquiring an additional 229 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of Floor & Decor in the 1st quarter valued at approximately $57,000. Benjamin Edwards Inc. acquired a new stake in shares of Floor & Decor in the 2nd quarter valued at $58,000. Finally, Parkside Financial Bank & Trust lifted its position in shares of Floor & Decor by 168.4% during the 1st quarter. Parkside Financial Bank & Trust now owns 730 shares of the company’s stock worth $59,000 after purchasing an additional 458 shares during the last quarter.

Floor & Decor Price Performance

Floor & Decor stock opened at $108.66 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.14 and a quick ratio of 0.20. The business has a 50 day simple moving average of $106.61 and a 200-day simple moving average of $97.46. Floor & Decor Holdings, Inc. has a 12 month low of $76.30 and a 12 month high of $116.70. The stock has a market capitalization of $11.58 billion, a PE ratio of 42.28, a price-to-earnings-growth ratio of 4.64 and a beta of 1.83.

Wall Street Analyst Weigh In

A number of analysts have issued reports on FND shares. Guggenheim decreased their price target on Floor & Decor from $115.00 to $95.00 and set a “buy” rating for the company in a report on Monday, October 23rd. Barclays increased their price target on shares of Floor & Decor from $66.00 to $75.00 and gave the company an “underweight” rating in a research note on Thursday, January 4th. Wells Fargo & Company downgraded shares of Floor & Decor from an “overweight” rating to an “equal weight” rating and boosted their price objective for the stock from $85.00 to $105.00 in a research report on Thursday, January 4th. Sanford C. Bernstein lowered shares of Floor & Decor from an “outperform” rating to a “market perform” rating and lifted their price target for the stock from $100.00 to $115.00 in a research note on Tuesday, January 16th. Finally, Truist Financial upped their price objective on shares of Floor & Decor from $97.00 to $102.00 and gave the company a “buy” rating in a research note on Monday, November 20th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $94.94.

View Our Latest Analysis on FND

Insider Buying and Selling at Floor & Decor

In other news, EVP David Victor Christopherson sold 19,634 shares of the firm’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $114.50, for a total value of $2,248,093.00. Following the completion of the sale, the executive vice president now owns 36,552 shares in the company, valued at approximately $4,185,204. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.50% of the stock is currently owned by corporate insiders.

About Floor & Decor

(Free Report)

Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer and commercial flooring distributor in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools.

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Institutional Ownership by Quarter for Floor & Decor (NYSE:FND)

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