Fox Run Management L.L.C. Purchases Shares of 32,365 Floor & Decor Holdings, Inc. $FND

Fox Run Management L.L.C. purchased a new stake in Floor & Decor Holdings, Inc. (NYSE:FND) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 32,365 shares of the company’s stock, valued at approximately $1,971,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new stake in Floor & Decor in the 3rd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. increased its stake in Floor & Decor by 207.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after buying an additional 247 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Floor & Decor in the 4th quarter valued at $34,000. Clearstead Advisors LLC increased its stake in Floor & Decor by 215.7% in the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 384 shares during the last quarter. Finally, State of Wyoming acquired a new stake in Floor & Decor in the 2nd quarter valued at $46,000.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. Mizuho lowered their price objective on shares of Floor & Decor from $72.00 to $58.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. Zelman & Associates lowered their price objective on shares of Floor & Decor from $80.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. UBS Group lowered their price objective on shares of Floor & Decor from $70.00 to $55.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. Finally, Telsey Advisory Group lowered their price objective on shares of Floor & Decor from $80.00 to $61.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $59.17.

Floor & Decor Price Performance

Floor & Decor stock opened at $45.94 on Tuesday. The firm has a market capitalization of $4.96 billion, a PE ratio of 24.96, a P/E/G ratio of 4.08 and a beta of 1.62. The company’s 50-day moving average is $49.50 and its 200-day moving average is $59.39. Floor & Decor Holdings, Inc. has a fifty-two week low of $42.64 and a fifty-two week high of $92.40.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The business’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.46 EPS. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, analysts expect that Floor & Decor Holdings, Inc. will post 1.92 EPS for the current year.

Insider Buying and Selling

In related news, CEO Bradley Paulsen bought 5,000 shares of Floor & Decor stock in a transaction that occurred on Monday, May 4th. The stock was acquired at an average price of $50.25 per share, with a total value of $251,250.00. Following the acquisition, 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 position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Bryan Langley bought 2,500 shares of Floor & Decor stock in a transaction that occurred on Monday, May 4th. The shares were bought at an average cost of $48.69 per share, with a total value of $121,725.00. Following the acquisition, the chief financial officer directly owned 42,016 shares in the company, valued at $2,045,759.04. This trade represents a 6.33% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.80% of the stock is currently owned by insiders.

Floor & Decor Profile

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.