In the last year, many Floor & Decor Holdings, Inc. (NYSE:FND) insiders sold a substantial stake in the company which may have sparked shareholders' attention. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Floor & Decor Holdings
The Last 12 Months Of Insider Transactions At Floor & Decor Holdings
The Executive Vice President of Business Development Strategy, Brian Robbins, made the biggest insider sale in the last 12 months. That single transaction was for US$1.8m worth of shares at a price of US$91.82 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$79.14). So it is hard to draw any strong conclusion from it.
Floor & Decor Holdings insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
I will like Floor & Decor Holdings better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Insider Ownership Of Floor & Decor Holdings
Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Floor & Decor Holdings insiders own about US$144m worth of shares (which is 1.7% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About Floor & Decor Holdings Insiders?
It doesn't really mean much that no insider has traded Floor & Decor Holdings shares in the last quarter. While we feel good about high insider ownership of Floor & Decor Holdings, we can't say the same about the selling of shares. Of course, the future is what matters most. So if you are interested in Floor & Decor Holdings, you should check out this free report on analyst forecasts for the company.
Of course Floor & Decor Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
