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 $16.78 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 $4.28 million.
As published in a research note from Telsey Advisory Group on February 14, 2025, Floor & Decor Holdings Inc [FND] has been rated up from a Market perform to an Outperform and the price target has been revised to $115 from $95. Analysts at Wedbush downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid February. As of January 30, 2025, Goldman has decreased its “Neutral” rating to a “Sell” for FND. Earlier on January 08, 2025, Barclays upgraded its rating. Their new recommendation was “an Equal weight” for FND stock which previously was a “an Underweight”.
Analyzing FND Stock Performance
During the last five days, there has been a drop of approximately -3.22%. Over the course of the year, Floor & Decor Holdings Inc shares have dropped approximately -6.88%. Shares of the company reached a 52-week high of $108.76 on 01/27/25 and a 52-week low of $91.92 on 02/20/25. A 50-day SMA is recorded $101.26, while a 200-day SMA reached $106.58. Nevertheless, trading volume fell to 3.26 million shares from 1.54 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 91.40, which, if violated, would cause prices to drop to 89.96. In the upper region, resistance lies at 94.80. The next price resistance is at 96.76. RSI (Relative Strength Index) is 37.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.88, which suggests the price will decrease in the coming days. Percent R is at 92.91%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.