The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Floor & Decor Holdings Inc shares valued at $4,274,875 were sold by TAYLOR THOMAS V on Jun 12 ’24. At $125.00 per share, TAYLOR THOMAS V sold 34,199 shares. The insider’s holdings dropped to 168,386 shares worth approximately $17.77 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, TAYLOR THOMAS V sold 34,198 shares, netting a total of over 4,103,760 in proceeds. Following the sale of shares at $120.00 each, the insider now holds 168,386 shares.
Before that, SAYMAN ERSAN had sold 12,872 shares from its account. In a trade valued at $1,520,183, the EVP – MERCHANDISING traded Floor & Decor Holdings Inc shares for $118.10 each. Upon closing the transaction, the insider’s holdings decreased to 12,872 shares, worth approximately $4.86 million.
As published in their initiating research note from TD Cowen on April 10, 2024, Floor & Decor Holdings Inc [FND] has been a Hold and the price target has been revised to $125. Analysts at Mizuho started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid March. As of March 05, 2024, UBS has decreased its “Buy” rating to a “Neutral” for FND. Earlier on February 23, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “a Market perform” for FND stock.
Analyzing FND Stock Performance
During the last five days, there has been a drop of approximately -11.89%. Over the course of the year, Floor & Decor Holdings Inc shares have dropped approximately -5.38%. Shares of the company reached a 52-week high of $135.67 on 03/21/24 and a 52-week low of $100.07 on 02/05/24. A 50-day SMA is recorded $114.83, while a 200-day SMA reached $105.76. Nevertheless, trading volume fell to 1.54 million shares from 1.3 million shares the previous day.
Support And Resistance Levels for Floor & Decor Holdings Inc (FND)
According to the 24-hour chart, there is a support level at 104.09, which, if violated, would cause prices to drop to 102.61. In the upper region, resistance lies at 106.96. The next price resistance is at 108.36. RSI (Relative Strength Index) is 33.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.96, which suggests the price will decrease in the coming days. Percent R is at 93.05%, indicating bearish price movement. Stochastics%K at buying indicates that the stock is to be held.
