1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) CEO Christopher G. Mccann Sells 17,850 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) CEO Christopher G. Mccann sold 17,850 shares of the business’s stock in a transaction dated Thursday, September 23rd. The shares were sold at an average price of $33.68, for a total value of $601,188.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Christopher G. Mccann also recently made the following trade(s):

  • On Thursday, July 15th, Christopher G. Mccann sold 17,850 shares of 1-800-FLOWERS.COM stock. The stock was sold at an average price of $30.05, for a total value of $536,392.50.
  • On Thursday, July 1st, Christopher G. Mccann sold 17,850 shares of 1-800-FLOWERS.COM stock. The shares were sold at an average price of $33.06, for a total value of $590,121.00.

FLWS stock traded up $0.62 during midday trading on Monday, hitting $34.56. The stock had a trading volume of 8,842 shares, compared to its average volume of 764,555. The firm has a market cap of $2.25 billion, a PE ratio of 19.40 and a beta of 1.72. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.48 and a quick ratio of 1.07. 1-800-FLOWERS.COM, Inc. has a 12-month low of $18.51 and a 12-month high of $39.61. The company’s 50-day moving average price is $31.49 and its 200 day moving average price is $31.03.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Wednesday, August 25th. The specialty retailer reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.01. 1-800-FLOWERS.COM had a net margin of 5.59% and a return on equity of 26.47%. The company had revenue of $487.00 million during the quarter, compared to analysts’ expectations of $472.95 million. During the same period in the previous year, the company earned $0.23 EPS. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 2.08 EPS for the current year.

A number of institutional investors have recently made changes to their positions in the stock. B. Metzler seel. Sohn & Co. Holding AG boosted its position in 1-800-FLOWERS.COM by 2.7% during the 2nd quarter. B. Metzler seel. Sohn & Co. Holding AG now owns 76,323 shares of the specialty retailer’s stock worth $2,432,000 after purchasing an additional 1,990 shares during the period. Morgan Stanley boosted its position in 1-800-FLOWERS.COM by 1,765.8% during the 2nd quarter. Morgan Stanley now owns 720,206 shares of the specialty retailer’s stock worth $22,952,000 after purchasing an additional 681,605 shares during the period. Zacks Investment Management purchased a new stake in 1-800-FLOWERS.COM during the 2nd quarter worth $4,153,000. Beacon Pointe Advisors LLC purchased a new stake in 1-800-FLOWERS.COM during the 2nd quarter worth $224,000. Finally, Metropolitan Life Insurance Co NY lifted its holdings in 1-800-FLOWERS.COM by 102,614.3% in the 2nd quarter. Metropolitan Life Insurance Co NY now owns 7,190 shares of the specialty retailer’s stock worth $229,000 after buying an additional 7,183 shares in the last quarter. 47.22% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have commented on FLWS shares. Zacks Investment Research cut 1-800-FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 5th. Noble Financial restated a “buy” rating and issued a $47.00 price target on shares of 1-800-FLOWERS.COM in a research note on Monday, August 30th. Finally, DA Davidson dropped their price objective on 1-800-FLOWERS.COM from $57.00 to $56.00 and set a “buy” rating on the stock in a report on Friday, August 27th.

1-800-FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc engages in the provision of gifts designed to help customers express, connect, and celebrate. The Company’s ecommerce business platform features the following brands: 1-800-Flowers.com �, 1-800-Baskets.com �, Cheryl’s Cookies �, Harry & David �, PersonalizationMall.com �, Shari’s Berries �, FruitBouquets.com �, Moose Munch �, The Popcorn Factory �, Wolferman’s Bakery �, Stock Yards � and Simply Chocolate �.

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