Significant Insider Selling in Shares of Floor & Decor Holdings (FND) Continues

Monday, October 23, 2017 10:15 PM ET

Significant Insider Selling in Shares of Floor & Decor Holdings (FND) Continues

An insider — George Vincent West, Director — sold 50,000 shares of Floor & Decor Holdings having a market value of approximately $1,895,207 today, as indicated in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 7,146,290 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 7,196,290 shares and have averaged 1,439,258 shares per transaction over this time period.

The number of insider buy/sell trades at Floor & Decor Holdings is higher than that of the 1 peer company average over the last 90-day period. The Builder Merchants peer group saw 4 buy/sell trades during this period for an average of 4.0 transactions per company. However, the number of shares traded per transaction by Floor & Decor Holdings insiders is lower than its peers. Within the peer group there were 0 shares purchased and 7,146,290 shares sold with company insiders selling 1,786,573 shares on average over this time period.

Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data obtained in creating and writing this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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