1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) insider Arnold P. Leap sold 3,000 shares of 1-800-FLOWERS.COM stock in a trade dated Thursday, May 13. The stock was sold for an average price of $ 31.31, for a total value of $ 93,930.00. Following the closing of the transaction, the insider now directly owns 48,622 shares of the company, valued at approximately $ 1,522,354.82. The transaction was disclosed in a legal deposit with the SEC, available through this hyperlink.
FLWS shares opened at $ 31.54 on Friday. The company has a 50-day moving average price of $ 27.82 and a 200-day moving average price of $ 27.17. 1-800-FLOWERS.COM, Inc. has a fifty-two week minimum of $ 18.51 and a fifty-two week maximum of $ 39.61. The stock has a market cap of $ 2.05 billion, a PE ratio of 32.52 and a beta of 1.67. The company has a leverage ratio of 0.45, a quick ratio of 0.35, and a current ratio of 1.18.
1-800-FLOWERS.COM (NASDAQ: FLWS) last reported its quarterly results on Wednesday, April 28. The specialty retailer reported earnings per share of $ 0.02 for the quarter, beating the consensus estimate of ($ 0.09) by $ 0.11. 1-800-FLOWERS.COM had a net margin of 4.07% and a return on equity of 18.66%. The company posted revenue of $ 474.23 million in the quarter, compared to analysts’ expectations of $ 411.90 million. In the same quarter of the previous year, the company achieved EPS of ($ 0.14). The company’s turnover increased by 70.1% compared to the same quarter last year. Stock research analysts predict that 1-800-FLOWERS.COM, Inc. will post 1.19 EPS for the current year.
FLWS has been the subject of a number of recent research 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 upgraded 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating and set a price target of $ 35.00 on the stock in a report on Tuesday, May 4.
Large investors have recently bought and sold shares of the stock. Penserra Capital Management LLC increased its position in 1-800-FLOWERS.COM by 67.4% during the fourth quarter. Penserra Capital Management LLC now owns 1,407,125 shares of the specialty retailer’s stock valued at $ 36,584,000 after acquiring an additional 566,670 shares in the last quarter. Congress Asset Management Co. MA increased its holdings of 1-800-FLOWERS.COM shares by 18.7% in the fourth quarter. Congress Asset Management Co. MA now owns 223,286 shares of the specialty retailer valued at $ 5,805,000 after purchasing an additional 35,200 shares in the last quarter. BlackRock Inc. increased its stock holdings of 1-800-FLOWERS.COM by 38.0% in the fourth quarter. BlackRock Inc. now owns 2,919,363 shares of the specialty retailer valued at $ 75,904,000 after purchasing an additional 804,337 shares in the last quarter. Boston Partners acquired a new position in shares of 1-800-FLOWERS.COM in the fourth quarter for a value of $ 1,454,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stock holdings of 1-800-FLOWERS.COM by 143.6% in the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 575,000 shares of the specialty retailer valued at $ 15,876,000 after purchasing an additional 339,000 shares in the last quarter. 50.01% of the stock is held by institutional investors.
Company Profile 1-800-FLOWERS.COM
1-800-FLOWERS.COM, Inc, along with its subsidiaries, offers gifts for various occasions in the United States. It operates in three segments: Mainstream 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, keepsake gifts, jewelry, and stuffed plush animals.
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