Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. 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 $18.79 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 $4.79 million.
As published in a research note from Goldman on January 30, 2025, Floor & Decor Holdings Inc [FND] has been rated down from a Neutral to a Sell and the price target has been revised to $79. Analysts at Barclays upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal weight”‘ outlook in a report released in early January. As of August 02, 2024, Telsey Advisory Group has reiterated its “Market perform” rating for FND. Earlier on July 24, 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 surge of approximately 0.54%. Over the course of the year, Floor & Decor Holdings Inc shares have jumped approximately 4.30%. Shares of the company reached a 52-week high of $108.76 on 01/27/25 and a 52-week low of $93.31 on 02/03/25. A 50-day SMA is recorded $103.97, while a 200-day SMA reached $107.16. Nevertheless, trading volume fell to 1.76 million shares from 1.52 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 103.03, which, if violated, would cause prices to drop to 102.07. In the upper region, resistance lies at 104.92. The next price resistance is at 105.85. RSI (Relative Strength Index) is 54.61 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.25, which suggests the price will decrease in the coming days. Percent R is at 30.87%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.