In a filing, Floor & Decor Holdings Inc revealed 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 $1.44 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 $22.16 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 jump 0.25% to $113.04. Over the last five days, the stock has gained 1.90%. Floor & Decor Holdings Inc shares have risen nearly 1.33% since the year began. Nevertheless, the stocks have risen 15.88% 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 $118.65, while 200 days put it at $103.44. A total of 2.31 million shares were traded, compared to the trading of 2.18 million shares in the previous session.
Levels Of Support And Resistance For FND Stock
The 24-hour chart illustrates a support level at 108.69, which if violated will result in even more drops to 104.35. On the upside, there is a resistance level at 117.69. A further resistance level may holdings at 122.35. The Relative Strength Index (RSI) on the 14-day chart is 48.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.84, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 38.54%. Stochastics %K at 63.12% indicates the stock is a holding.
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.
