Monday, November 06, 2017 10:15 PM ET
Insider Selling at Floor & Decor Holdings (FND) Continues with Significant Sale
A filing with the SEC today revealed a significant insider sale of Floor & Decor Holdings shares as — George Vincent West, Director — sold 90,000 shares in the company having a market value of approximately $3,725,200. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 50,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 140,000 shares and have averaged 70,000 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Floor & Decor Holdings is higher than the 1-company peer group average. Builder Merchants peer group saw 1 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Floor & Decor Holdings insiders was also higher. Within the peer group there were 0 shares purchased and 50,000 shares sold with company insiders selling 50,000 shares on average.
Insider buying and selling activity that is significant 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 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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