Floor & Decor Holdings Inc’s recently made public that its EVP – BUS. DVLPMT, STRATEGY Robbins Brian K unloaded Company’s shares for reported $2.73 million on Feb 29 ’24. In the deal valued at $122.70 per share,22,258 shares were sold. As a result of this transaction, Robbins Brian K now holds 12,729 shares worth roughly $1.43 million.
Then, DENNY STEVEN ALAN sold 5,152 shares, generating $636,375 in total proceeds. Upon selling the shares at $123.52, the EVP, STORE OPERATIONS now owns 13,271 shares.
Before that, AXELROD NORMAN sold 30,000 shares. Floor & Decor Holdings Inc shares valued at $3,696,300 were divested by the Director at a price of $123.21 per share. As a result of the transaction, AXELROD NORMAN now holds 196,080 shares, worth roughly $22.05 million.
TD Cowen initiated its Floor & Decor Holdings Inc [FND] rating to a Hold in a research note published on April 10, 2024; the price target was $125. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in mid March with a ‘”a Neutral”‘ rating. UBS also remained covering FND and has decreased its forecast on March 05, 2024 with a “Neutral” recommendation from previously “Buy” rating. Telsey Advisory Group maintained its rating on February 23, 2024. It rated FND as “a Market perform”.
Price Performance Review of FND
On Friday, Floor & Decor Holdings Inc [NYSE:FND] saw its stock fall -1.97% to $112.43. Over the last five days, the stock has lost -5.67%. Floor & Decor Holdings Inc shares have risen nearly 0.78% since the year began. Nevertheless, the stocks have risen 16.62% over the past one year. While a 52-week high of $135.67 was reached on 03/21/24, a 52-week low of $76.30 was recorded on 02/05/24. SMA at 50 days reached $118.02, while 200 days put it at $103.23. A total of 1.2 million shares were traded, compared to the trading of 1.19 million shares in the previous session.
Levels Of Support And Resistance For FND Stock
The 24-hour chart illustrates a support level at 111.64, which if violated will result in even more drops to 110.85. On the upside, there is a resistance level at 113.62. A further resistance level may holdings at 114.81. The Relative Strength Index (RSI) on the 14-day chart is 37.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.03%. Stochastics %K at 6.32% indicates the stock is a buying.
The most recent change occurred on February 16, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $95.
