Insider Selling: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Insider Sells 3,000 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) insider Arnold P. Leap sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $7.37, for a total transaction of $22,110.00. Following the completion of the transaction, the insider now directly owns 97,956 shares in the company, valued at approximately $721,935.72. The trade was a 2.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

1-800-FLOWERS.COM Stock Performance

NASDAQ:FLWS opened at $7.84 on Friday. 1-800-FLOWERS.COM, Inc. has a 52 week low of $7.14 and a 52 week high of $11.42. The firm has a 50-day moving average price of $8.07 and a two-hundred day moving average price of $8.85. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.02. The business had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. 1-800-FLOWERS.COM’s quarterly revenue was down 28.2% compared to the same quarter last year. During the same period last year, the company posted ($0.48) earnings per share. Analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

Several institutional investors have recently added to or reduced their stakes in FLWS. nVerses Capital LLC bought a new stake in 1-800-FLOWERS.COM in the third quarter worth about $41,000. SG Americas Securities LLC purchased a new position in 1-800-FLOWERS.COM in the third quarter valued at approximately $106,000. Paloma Partners Management Co purchased a new position in 1-800-FLOWERS.COM in the third quarter valued at approximately $121,000. Price T Rowe Associates Inc. MD grew its holdings in 1-800-FLOWERS.COM by 6.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock valued at $231,000 after purchasing an additional 1,287 shares during the period. Finally, Federated Hermes Inc. increased its position in 1-800-FLOWERS.COM by 8.9% in the second quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock worth $244,000 after buying an additional 2,100 shares during the last quarter. Institutional investors own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on FLWS shares. DA Davidson lifted their target price on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Thursday, October 31st. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

About 1-800-FLOWERS.COM

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.