1-800 FLOWERS.COM (NASDAQ:FLWS) Shares Cross Above 200 Day Moving Average – Should You Sell?

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.89 and traded as high as $4.43. 1-800 FLOWERS.COM shares last traded at $4.27, with a volume of 222,716 shares traded.

Analyst Upgrades and Downgrades

FLWS has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. Noble Financial reiterated an “outperform” rating on shares of 1-800 FLOWERS.COM in a report on Friday, May 8th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, 1-800 FLOWERS.COM has a consensus rating of “Hold” and an average target price of $3.75.

1-800 FLOWERS.COM Price Performance

The stock has a market capitalization of $248.07 million, a P/E ratio of -1.83 and a beta of 1.34. The stock’s fifty day moving average is $4.07 and its 200-day moving average is $3.90. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.14 and a quick ratio of 0.49.

1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, May 7th. The specialty retailer reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.75) by ($0.02). The business had revenue of $293.01 million during the quarter, compared to the consensus estimate of $292.42 million. 1-800 FLOWERS.COM had a negative return on equity of 28.81% and a negative net margin of 8.69%. On average, equities analysts anticipate that 1-800 FLOWERS.COM, Inc. will post -1.23 earnings per share for the current year.

Insiders Place Their Bets

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 720,000 shares of the business’s stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $4.19, for a total transaction of $3,016,800.00. Following the completion of the transaction, the insider owned 4,096,242 shares of the company’s stock, valued at $17,163,253.98. The trade was a 14.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have sold 1,752,433 shares of company stock worth $7,555,619. 52.16% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE lifted its position in 1-800 FLOWERS.COM by 63.2% during the 1st quarter. Bank of America Corp DE now owns 116,688 shares of the specialty retailer’s stock worth $355,000 after acquiring an additional 45,198 shares during the last quarter. Gabelli Funds LLC lifted its position in 1-800 FLOWERS.COM by 23.7% during the 1st quarter. Gabelli Funds LLC now owns 235,000 shares of the specialty retailer’s stock worth $714,000 after acquiring an additional 45,000 shares during the last quarter. Gamco Investors INC. ET AL lifted its position in 1-800 FLOWERS.COM by 4.6% during the 1st quarter. Gamco Investors INC. ET AL now owns 1,284,900 shares of the specialty retailer’s stock worth $3,906,000 after acquiring an additional 57,000 shares during the last quarter. Bank of New York Mellon Corp lifted its position in 1-800 FLOWERS.COM by 7.0% during the 1st quarter. Bank of New York Mellon Corp now owns 84,968 shares of the specialty retailer’s stock worth $258,000 after acquiring an additional 5,568 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in 1-800 FLOWERS.COM by 156,238.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 20,324 shares of the specialty retailer’s stock worth $80,000 after acquiring an additional 20,311 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

1-800 FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.