1-800-Flowers.Com Inc (FLWS) CEO Sells $275,000.00 in Stock

1-800-Flowers.Com Inc (NASDAQ:FLWS) CEO Christopher G. Mccann sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 1st. The stock was sold at an average price of $11.00, for a total transaction of $275,000.00. Following the sale, the chief executive officer now owns 898,582 shares of the company’s stock, valued at $9,884,402. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

FLWS stock opened at $13.05 on Tuesday. The company has a quick ratio of 1.48, a current ratio of 2.19 and a debt-to-equity ratio of 0.29. The company has a market cap of $863.57 million, a P/E ratio of 37.14, a P/E/G ratio of 3.34 and a beta of 1.11. 1-800-Flowers.Com Inc has a 52 week low of $8.85 and a 52 week high of $15.00.

1-800-Flowers.Com (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, November 1st. The specialty retailer reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.30) by $0.03. The firm had revenue of $169.50 million for the quarter, compared to analyst estimates of $165.59 million. 1-800-Flowers.Com had a net margin of 3.16% and a return on equity of 7.82%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the firm earned ($0.20) earnings per share. As a group, analysts anticipate that 1-800-Flowers.Com Inc will post 0.4 earnings per share for the current year.

Several research firms recently commented on FLWS. BidaskClub cut shares of 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a report on Friday, October 26th. Zacks Investment Research upgraded shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a report on Tuesday, September 18th. Cann restated a “sell” rating on shares of 1-800-Flowers.Com in a report on Monday, October 15th. ValuEngine upgraded shares of 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a report on Thursday, November 1st. Finally, Sidoti upgraded shares of 1-800-Flowers.Com from a “neutral” rating to a “buy” rating in a report on Thursday, October 25th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $13.33.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Penserra Capital Management LLC raised its position in 1-800-Flowers.Com by 20.2% during the third quarter. Penserra Capital Management LLC now owns 1,362,117 shares of the specialty retailer’s stock valued at $16,072,000 after acquiring an additional 229,140 shares in the last quarter. First Quadrant L P CA raised its position in 1-800-Flowers.Com by 26.8% during the third quarter. First Quadrant L P CA now owns 47,260 shares of the specialty retailer’s stock valued at $558,000 after acquiring an additional 9,992 shares in the last quarter. North Star Investment Management Corp. raised its position in 1-800-Flowers.Com by 4.1% during the third quarter. North Star Investment Management Corp. now owns 251,375 shares of the specialty retailer’s stock valued at $2,966,000 after acquiring an additional 10,000 shares in the last quarter. Northern Trust Corp raised its position in 1-800-Flowers.Com by 9.4% during the second quarter. Northern Trust Corp now owns 366,945 shares of the specialty retailer’s stock valued at $4,605,000 after acquiring an additional 31,595 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in 1-800-Flowers.Com by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 210,411 shares of the specialty retailer’s stock valued at $2,641,000 after acquiring an additional 5,740 shares in the last quarter. 32.90% of the stock is currently owned by hedge funds and other institutional investors.

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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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