1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) CEO Christopher G. McCann sold 17,850 shares of the company in a trade dated Friday, June 4. The stock was sold for an average price of $ 31.80, for a total value of $ 567,630.00. As a result of the transaction, the CEO now owns 436,181 shares of the company, valued at approximately $ 13,870,555.80. The sale was disclosed in a legal file with the Securities & Exchange Commission, which is available through this link.
Actions of NASDAQ: FLWS traded at $ 2.62 in Monday’s session, reaching $ 35.16. The company’s shares had a trading volume of 42,396 shares, compared to its average volume of 962,333. The company has a quick ratio of 1.07, a current ratio of 1.48, and a debt-to-equity ratio of 0.33. 1-800-FLOWERS.COM, Inc. has a fifty-two week minimum of $ 18.51 and a fifty-two week maximum of $ 39.61. The company’s 50-day simple moving average is $ 29.27. The stock has a market cap of $ 2.29 billion, a P / E ratio of 20.06 and a beta of 1.70.
1-800-FLOWERS.COM (NASDAQ: FLWS) last reported its quarterly earnings data on Wednesday, April 28. The specialty retailer reported earnings per share (EPS) of $ 0.02 for the quarter, beating Thomson Reuters consensus estimate of ($ 0.09) by $ 0.11. 1-800-FLOWERS.COM had a return on equity of 27.79% and a net margin of 5.61%. The company posted revenue of $ 474.23 million for the quarter, against analysts’ expectations of $ 411.90 million. In the same quarter of the previous year, the company posted ($ 0.14) earnings per share. Revenue for 1-800-FLOWERS.COM for the quarter increased 70.1% from the same quarter last year. Stock research analysts predict that 1-800-FLOWERS.COM, Inc. will post 1.86 EPS for the current year.
Several research analysts recently commented on FLWS shares. DA Davidson upgraded 1-800-FLOWERS.COM from a “neutral” rating to a “buy” rating in a research note on Thursday, May 6. Zacks investment research upgraded 1-800-FLOWERS.COM from a “conservation” rating to a “buy” rating and set a price target of $ 35.00 on the stock in a research note on Tuesday 4 may.
A number of hedge funds and other institutional investors have recently changed their positions in FLWS. Meeder Asset Management Inc. increased its stake in 1-800-FLOWERS.COM by 4,353.6% during the first quarter. Meeder Asset Management Inc. now owns 1,247 shares of the specialty retailer valued at $ 34,000 after purchasing an additional 1,219 shares in the last quarter. The New York State Teachers Retirement System increased its stake in 1-800-FLOWERS.COM by 162.5% during the fourth quarter. The New York State Teachers’ Pension System now owns 2,100 shares of the specialty retailer valued at $ 55,000 after purchasing an additional 1,300 shares in the last quarter. Lazard Asset Management LLC increased its stake in 1-800-FLOWERS.COM by 35.9% during the fourth quarter. Lazard Asset Management LLC now owns 2,810 shares of the specialty retailer valued at $ 73,000 after buying 742 more shares in the last quarter. Captrust Financial Advisors increased its stake in 1-800-FLOWERS.COM by 2,667.8% during the fourth quarter. Captrust Financial Advisors now owns 3,266 shares of the specialty retailer valued at $ 85,000 after purchasing an additional 3,148 shares in the last quarter. Finally, Hussman Strategic Advisors Inc. acquired a new stake in 1-800-FLOWERS.COM during the first quarter, valued at approximately $ 199,000. Hedge funds and other institutional investors hold 44.39% of the company’s shares.
1-800-FLOWERS.COM Company Profile
1-800-FLOWERS.COM, Inc, along with its subsidiaries, offers gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet foods and gift baskets; and BloomNet. The company offers a range of products, including fresh cut flowers, flower and fruit arrangements and plants, gifts, soaked berries, popcorn, gourmet foods and gift baskets, cookies, chocolates, gift quality candy, wine and fruit like balloons, candles, keepsakes, jewelry and stuffed animals.
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