TimesSquare Capital Management LLC Sells 22,215 Shares of Floor & Decor Holdings, Inc. $FND

TimesSquare Capital Management LLC lessened its position in Floor & Decor Holdings, Inc. (NYSE:FND) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 465,225 shares of the company’s stock after selling 22,215 shares during the period. TimesSquare Capital Management LLC’s holdings in Floor & Decor were worth $28,328,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Advisory Services Network LLC acquired a new position in Floor & Decor in the third quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. grew its stake in Floor & Decor by 207.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after acquiring an additional 247 shares during the period. State of Wyoming acquired a new position in Floor & Decor in the second quarter valued at about $46,000. eCIO Inc. acquired a new position in Floor & Decor in the fourth quarter valued at about $41,000. Finally, Bank of Jackson Hole Trust grew its stake in Floor & Decor by 37.7% in the third quarter. Bank of Jackson Hole Trust now owns 679 shares of the company’s stock valued at $50,000 after acquiring an additional 186 shares during the period.

Insider Buying and Selling at Floor & Decor

In other Floor & Decor news, CEO Bradley Paulsen purchased 5,000 shares of the stock in a transaction on Monday, May 4th. The shares were purchased at an average cost of $50.25 per share, for a total transaction of $251,250.00. Following the purchase, the chief executive officer owned 85,010 shares of the company’s stock, valued at approximately $4,271,752.50. This represents a 6.25% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ersan Sayman sold 15,200 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $48.28, for a total transaction of $733,856.00. Following the sale, the executive vice president directly owned 71,676 shares in the company, valued at $3,460,517.28. This trade represents a 17.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.80% of the company’s stock.

Floor & Decor Stock Up 3.7%

Floor & Decor stock opened at $45.10 on Tuesday. The stock has a market capitalization of $4.87 billion, a PE ratio of 24.51, a price-to-earnings-growth ratio of 3.74 and a beta of 1.63. Floor & Decor Holdings, Inc. has a twelve month low of $43.33 and a twelve month high of $92.40. The company has a 50 day moving average of $51.53 and a 200-day moving average of $60.71.

Floor & Decor (NYSE:FND) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.05). The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The firm’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 EPS. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. Equities analysts anticipate that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Analyst Ratings Changes

FND has been the subject of a number of research analyst reports. Telsey Advisory Group decreased their target price on Floor & Decor from $80.00 to $61.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Guggenheim decreased their target price on Floor & Decor from $90.00 to $65.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Mizuho decreased their target price on Floor & Decor from $72.00 to $58.00 and set a “neutral” rating for the company in a research note on Friday, May 8th. Stifel Nicolaus set a $75.00 price target on shares of Floor & Decor in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. reduced their price target on shares of Floor & Decor from $78.00 to $48.00 and set a “neutral” rating for the company in a report on Friday, April 24th. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Floor & Decor currently has a consensus rating of “Hold” and a consensus price target of $59.17.

About Floor & Decor

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.