1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) Director sells $ 5,512,390.49 in shares

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) Director Equity Genpar LLC Acon sold 256,033 shares in a trade on Friday, June 18. The shares were sold at an average price of $ 21.53, for a total transaction of $ 5,512,390.49.

NASDAQ FLWS shares traded down $ 0.19 during Friday’s midday session, reaching $ 28.94. 687,061 shares of the company were traded, for an average volume of 871,906. 1-800-FLOWERS.COM, Inc. has a twelve month low of $ 18.51 and a twelve month high of $ 39.61 . The company has a debt to equity ratio of 0.33, a quick ratio of 1.07, and a current ratio of 1.48. The stock has a market cap of $ 1.88 billion, a price-to-earnings ratio of 16.73 and a beta of 1.71. The company’s 50-day moving average is $ 33.40.

1-800-FLOWERS.COM (NASDAQ: FLWS) last released its quarterly earnings data on Wednesday, April 28. The specialty retailer reported earnings per share of $ 0.02 for the quarter, beating analyst consensus estimates of ($ 0.09) by $ 0.11. The company posted revenue of $ 474.23 million for the quarter, compared to analysts’ expectations of $ 411.90 million. 1-800-FLOWERS.COM had a net margin of 5.61% and a return on equity of 27.79%. The company’s revenue grew 70.1% year-over-year. During the same period of the previous year, the company made earnings per share ($ 0.14). As a group, equity research analysts predict that 1-800-FLOWERS.COM, Inc. will post earnings per share of 1.87 for the current fiscal year.

Several institutional investors have recently bought and sold shares of FLWS. Los Angeles Capital Management LLC acquired a new stake in 1-800-FLOWERS.COM in the fourth quarter valued at approximately $ 384,000. Wells Fargo & Company MN increased its stake in the shares of 1-800-FLOWERS.COM by 9.1% in the fourth quarter. Wells Fargo & Company MN now owns 365,700 shares of the specialty retailer valued at $ 9,508,000 after purchasing an additional 30,436 shares during the period. Citigroup Inc. increased its stake in 1-800-FLOWERS.COM by 504.0% during the fourth quarter. Citigroup Inc. now owns 28,573 shares of the specialty retailer valued at $ 743,000 after purchasing an additional 23,842 shares last quarter. Lazard Asset Management LLC increased its holdings 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 acquiring 742 additional shares during the period. Finally, the Public Employees Retirement System of Ohio increased its position in 1-800-FLOWERS.COM by 11.1% in the fourth quarter. The Ohio Public Employees Retirement System now holds 90,121 shares of the specialty retailer worth $ 2,343,000 after acquiring an additional 9,000 shares in the last quarter. Institutional investors and hedge funds hold 44.43% of the company’s shares.

FLWS has been the subject of several research analyst reports. 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 downgraded 1-800-FLOWERS.COM’s stock from a “strong buy” rating to a “retained” rating in a report released Monday, July 5.

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, as well as balloons, candles, keepsakes, jewelry and stuffed animals.

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Insider Buys and Sells by Quarter for 1-800-FLOWERS.COM (NASDAQ: FLWS)

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7 retailers who are going against the ecommerce trend

Once again, it looks like the death of the brick and mortar retail business seems to be exaggerated. The first quarter results show that many retailers who depend on in-person traffic for a significant portion of their business are seeing their sales rebound. And many plan to open stores in 2021.

This does not mean that e-commerce is going to disappear. In fact, a characteristic common to many of these stocks is that they expanded or improved their digital footprint during the pandemic.

This special presentation focuses on retailers who plan to increase their physical footprint in 2021. And some plan to do so with a substantial margin. Again, this doesn’t signal a transformative change in the overall trend, but it does mean that for the foreseeable future, brick and mortar will have some relevance.

Check out the “7 Retailers Who Are Going Against The Ecommerce Trend.”


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