1-800-Flowers.Com Inc (NASDAQ:FLWS) CEO Sells $474,500.00 in Stock

1-800-Flowers.Com Inc (NASDAQ:FLWS) CEO Christopher G. Mccann sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of $18.98, for a total value of $474,500.00. Following the transaction, the chief executive officer now directly owns 943,328 shares of the company’s stock, valued at $17,904,365.44. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

NASDAQ FLWS opened at $19.21 on Thursday. The company has a fifty day moving average price of $18.99. 1-800-Flowers.Com Inc has a one year low of $10.01 and a one year high of $21.77. The company has a current ratio of 2.28, a quick ratio of 1.75 and a debt-to-equity ratio of 0.24. The firm has a market cap of $1.24 billion, a P/E ratio of 43.66, a P/E/G ratio of 3.36 and a beta of 1.37.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings data on Tuesday, April 30th. The specialty retailer reported ($0.13) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.05. 1-800-Flowers.Com had a return on equity of 10.79% and a net margin of 2.86%. The firm had revenue of $248.40 million during the quarter, compared to the consensus estimate of $243.12 million. During the same period in the prior year, the company earned ($0.15) EPS. The firm’s revenue was up 4.2% compared to the same quarter last year. On average, research analysts predict that 1-800-Flowers.Com Inc will post 0.5 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of FLWS. Rhumbline Advisers raised its stake in 1-800-Flowers.Com by 40.9% in the 4th quarter. Rhumbline Advisers now owns 40,681 shares of the specialty retailer’s stock valued at $498,000 after purchasing an additional 11,813 shares during the last quarter. BlackRock Inc. raised its stake in 1-800-Flowers.Com by 2.0% in the 4th quarter. BlackRock Inc. now owns 1,914,110 shares of the specialty retailer’s stock valued at $23,409,000 after purchasing an additional 37,355 shares during the last quarter. Barclays PLC raised its stake in 1-800-Flowers.Com by 900.2% in the 4th quarter. Barclays PLC now owns 200,087 shares of the specialty retailer’s stock valued at $2,447,000 after purchasing an additional 180,082 shares during the last quarter. Stone Ridge Asset Management LLC raised its stake in 1-800-Flowers.Com by 20.9% in the 4th quarter. Stone Ridge Asset Management LLC now owns 96,346 shares of the specialty retailer’s stock valued at $1,178,000 after purchasing an additional 16,675 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. raised its stake in 1-800-Flowers.Com by 5.4% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 452,452 shares of the specialty retailer’s stock valued at $5,534,000 after purchasing an additional 23,308 shares during the last quarter. 36.68% of the stock is owned by hedge funds and other institutional investors.

Several brokerages have recently weighed in on FLWS. Sidoti set a $9.00 target price on Kirkland’s and gave the stock a “buy” rating in a research note on Friday, May 24th. BidaskClub raised DENTSPLY SIRONA from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 13th. DA Davidson began coverage on LYFT in a research note on Tuesday, March 19th. They set a “buy” rating and a $75.00 target price for the company. Benchmark raised from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. Finally, Zacks Investment Research raised HB Fuller from a “sell” rating to a “hold” rating in a research note on Wednesday, July 3rd. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $21.71.

1-800-Flowers.Com Company Profile

1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, jewelry, and plush stuffed animals.

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Insider Buying and Selling by Quarter for 1-800-Flowers.Com (NASDAQ:FLWS)

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