Investors Purchase High Volume of Call Options on 1-800-Flowers.Com (NASDAQ:FLWS)

1-800-Flowers.Com Inc (NASDAQ:FLWS) was the target of some unusual options trading activity on Monday. Investors acquired 341 call options on the company. This represents an increase of 478% compared to the average volume of 59 call options.

FLWS stock opened at $19.21 on Thursday. The business has a 50-day moving average price of $18.99. The firm has a market cap of $1.24 billion, a PE ratio of 43.66, a PEG ratio of 3.36 and a beta of 1.37. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.75 and a current ratio of 2.28. 1-800-Flowers.Com has a fifty-two week low of $10.01 and a fifty-two week high of $21.77.

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

A number of equities analysts have recently weighed in on the stock. Craig Hallum boosted their price objective on shares of 1-800-Flowers.Com from $26.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Zacks Investment Research upgraded shares of HB Fuller from a “sell” rating to a “hold” rating in a research note on Wednesday, July 3rd. Benchmark upgraded shares of from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. DA Davidson began coverage on shares of LYFT in a report on Tuesday, March 19th. They issued a “buy” rating and a $75.00 price target on the stock. Finally, BidaskClub raised shares of DENTSPLY SIRONA from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 13th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. 1-800-Flowers.Com presently has an average rating of “Buy” and an average target price of $21.71.

In related news, CEO Christopher G. Mccann sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $20.04, for a total transaction of $501,000.00. Following the sale, the chief executive officer now owns 943,328 shares of the company’s stock, valued at $18,904,293.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Christopher G. Mccann sold 12,500 shares of 1-800-Flowers.Com stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $18.65, for a total transaction of $233,125.00. Following the transaction, the chief executive officer now owns 943,328 shares of the company’s stock, valued at approximately $17,593,067.20. The disclosure for this sale can be found here. Insiders sold a total of 150,000 shares of company stock worth $2,869,375 over the last 90 days. Company insiders own 64.42% of the company’s stock.

Several large investors have recently bought and sold shares of the company. BlackRock Inc. boosted its position in shares of 1-800-Flowers.Com by 2.0% during 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 in the last quarter. Vanguard Group Inc. lifted its stake in 1-800-Flowers.Com by 3.7% during the third quarter. Vanguard Group Inc. now owns 1,258,070 shares of the specialty retailer’s stock valued at $14,845,000 after buying an additional 44,523 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its stake in 1-800-Flowers.Com by 5.4% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 452,452 shares of the specialty retailer’s stock valued at $5,534,000 after buying an additional 23,308 shares in the last quarter. Marshall Wace LLP purchased a new stake in 1-800-Flowers.Com during the first quarter valued at about $7,508,000. Finally, Martingale Asset Management L P lifted its stake in 1-800-Flowers.Com by 19.9% during the first quarter. Martingale Asset Management L P now owns 245,292 shares of the specialty retailer’s stock valued at $4,472,000 after buying an additional 40,706 shares in the last quarter. Institutional investors own 36.68% of the company’s stock.

About 1-800-Flowers.Com

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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