HAP Trading LLC Purchases Shares of 26,605 Floor & Decor Holdings Inc (NYSE:FND)
HAP Trading LLC bought a new position in shares of Floor & Decor Holdings Inc (NYSE:FND) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 26,605 shares of the company’s stock, valued at approximately $1,295,000.
Other large investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. bought a new stake in shares of Floor & Decor during the second quarter worth $3,285,000. State Street Corp bought a new stake in shares of Floor & Decor during the second quarter worth $3,480,000. California State Teachers Retirement System lifted its position in shares of Floor & Decor by 93.7% during the third quarter. California State Teachers Retirement System now owns 35,262 shares of the company’s stock worth $1,373,000 after purchasing an additional 17,062 shares during the last quarter. Engineers Gate Manager LP bought a new stake in shares of Floor & Decor during the third quarter worth $1,564,000. Finally, FMR LLC bought a new stake in shares of Floor & Decor during the second quarter worth $25,899,000. Institutional investors and hedge funds own 94.51% of the company’s stock.
In other news, SVP David Victor Christopherson sold 16,091 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $43.33, for a total transaction of $697,223.03. Following the sale, the senior vice president now owns 24,383 shares in the company, valued at $1,056,515.39. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Trevor Lang sold 44,322 shares of the business’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $50.00, for a total value of $2,216,100.00. Following the sale, the chief financial officer now owns 182,991 shares in the company, valued at approximately $9,149,550. The disclosure for this sale can be found here. Insiders sold 602,069 shares of company stock worth $27,704,092 in the last quarter.
Floor & Decor Holdings Inc (FND) traded up $0.58 on Wednesday, reaching $47.00. The company’s stock had a trading volume of 679,059 shares, compared to its average volume of 687,355. Floor & Decor Holdings Inc has a 52 week low of $29.37 and a 52 week high of $51.48. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.40 and a quick ratio of 0.21. The stock has a market capitalization of $4,397.23 and a price-to-earnings ratio of 46.54.
Floor & Decor (NYSE:FND) last posted its earnings results on Thursday, March 1st. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.01. Floor & Decor had a return on equity of 21.26% and a net margin of 7.42%. The company had revenue of $389.50 million for the quarter, compared to analyst estimates of $388.63 million. The company’s revenue for the quarter was up 40.0% compared to the same quarter last year. research analysts predict that Floor & Decor Holdings Inc will post 0.99 earnings per share for the current fiscal year.
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About Floor & Decor
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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