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 $10,778,778 were sold by Lang Trevor on Nov 01 ’24. At $104.04 per share, Lang Trevor sold 103,598 shares. The insider’s holdings dropped to 180,688 shares worth approximately $18.45 million following the completion of this transaction.
Also, Trevor S Lang purchased 103,598 shares, netting a total of over 10,778,730 in proceeds.
Before that, SAYMAN ERSAN had sold 19,309 shares from its account. In a trade valued at $2,066,063, the EVP – MERCHANDISING traded Floor & Decor Holdings Inc shares for $107.00 each. Upon closing the transaction, the insider’s holdings decreased to 19,309 shares, worth approximately $4.71 million.
As published in a research note from Barclays on January 08, 2025, Floor & Decor Holdings Inc [FND] has been rated up from an Underweight to an Equal weight and the price target has been revised to $91 from $75. Analysts at Telsey Advisory Group resumed the stock at ‘”a Market perform”‘ outlook in a report released in early August. As of July 24, 2024, Telsey Advisory Group has reiterated its “Market perform” rating for FND. Earlier on July 19, 2024, Citigroup resumed its rating. Their recommendation was “a Neutral” for FND stock.
Analyzing FND Stock Performance
During the last five days, there has been a surge of approximately 1.39%. Over the course of the year, Floor & Decor Holdings Inc shares have jumped approximately 2.44%. Shares of the company reached a 52-week high of $108.76 on 01/27/25 and a 52-week low of $93.51 on 01/13/25. A 50-day SMA is recorded $104.18, while a 200-day SMA reached $107.41. Nevertheless, trading volume fell to 0.74 million shares from 0.93 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 100.89, which, if violated, would cause prices to drop to 99.64. In the upper region, resistance lies at 104.11. The next price resistance is at 106.08. RSI (Relative Strength Index) is 51.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.16, which suggests the price will increase in the coming days. Percent R is at 43.48%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
