Floor & Decor Holdings Inc’s filing revealed that its EVP – MERCHANDISING SAYMAN ERSAN unloaded Company’s shares for reported $2.07 million on Aug 19 ’24. In the deal valued at $107.00 per share,19,309 shares were sold. As a result of this transaction, SAYMAN ERSAN now holds 46,076 shares worth roughly $4.9 million.
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Then, Ersan Sayman bought 19,309 shares, generating $2,066,063 in total proceeds.
Before that, TAYLOR THOMAS V sold 34,199 shares. Floor & Decor Holdings Inc shares valued at $4,274,875 were divested by the CHIEF EXECUTIVE OFFICER at a price of $125.00 per share. As a result of the transaction, TAYLOR THOMAS V now holds 168,386 shares, worth roughly $17.9 million.
Telsey Advisory Group reiterated its Floor & Decor Holdings Inc [FND] rating to a Market perform in a research note published on August 02, 2024; the price target was $95. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late July has reiterated a ‘”a Market perform”‘ rating for it. Citigroup also remained covering FND and reiterated its “Neutral” recommendation on July 19, 2024. TD Cowen started covering the stock on April 10, 2024. It rated FND as “a Hold”.
Price Performance Review of FND
On Monday, Floor & Decor Holdings Inc [NYSE:FND] saw its stock fall -3.41% to $106.29. Over the last five days, the stock has lost -5.73%. Floor & Decor Holdings Inc shares have fallen nearly -4.72% since the year began. Nevertheless, the stocks have risen 26.10% 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 08/02/24. SMA at 50 days reached $112.05, while 200 days put it at $111.05.
Levels Of Support And Resistance For FND Stock
The 24-hour chart illustrates a support level at 104.61, which if violated will result in even more drops to 102.94. On the upside, there is a resistance level at 109.12. A further resistance level may holdings at 111.96. The Relative Strength Index (RSI) on the 14-day chart is 36.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.62%. Stochastics %K at 5.44% indicates the stock is a buying.
How much short interest is there in Floor & Decor Holdings Inc?
A steep rise in short interest was recorded in Floor & Decor Holdings Inc stocks on 2024-09-30, dropping by -0.66 million shares to a total of 10.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 11.38 million shares. There was a decline of -6.2%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 19, 2024 when Mizuho began covering the stock and recommended ‘”a Neutral”‘ rating along with a $115 price target.
