Insider sale: 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 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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7 Penny Stocks That Don’t Care About Robinhood

As you read this, Vladimir Tenev, the CEO of the Robinhood trading app, will be testifying before Congress. The company’s role in the GameStop (NYSE: GME) short squeeze will be called into question.

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