1-800-Flowers (NASDAQ:FLWS) reached a new 52-week high and low during trading on Thursday . The stock traded as low as $13.32 and last traded at $13.05, with a volume of 81311 shares traded. The stock had previously closed at $13.10.
Several research analysts have issued reports on FLWS shares. Benchmark lowered their price target on shares of 1-800-Flowers to $13.00 and set a “buy” rating for the company in a report on Thursday, February 1st. Northcoast Research lowered shares of 1-800-Flowers from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 26th. Sidoti lowered shares of 1-800-Flowers from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 27th. BidaskClub upgraded shares of 1-800-Flowers from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. Finally, ValuEngine upgraded shares of 1-800-Flowers from a “hold” rating to a “buy” rating in a research note on Friday, March 2nd. Two analysts have rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $12.40.
The company has a current ratio of 1.92, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $829.29, a price-to-earnings ratio of 30.23, a P/E/G ratio of 2.05 and a beta of 1.20.
In other news, CEO Christopher G. Mccann sold 15,000 shares of the stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $11.72, for a total transaction of $175,800.00. Following the completion of the sale, the chief executive officer now owns 965,626 shares of the company’s stock, valued at $11,317,136.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director James A. Cannavino sold 40,000 shares of the stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $10.72, for a total value of $428,800.00. Following the sale, the director now directly owns 69,719 shares of the company’s stock, valued at approximately $747,387.68. The disclosure for this sale can be found here. In the last three months, insiders have sold 72,000 shares of company stock valued at $818,550. Insiders own 53.17% of the company’s stock.
Several large investors have recently added to or reduced their stakes in the company. Penserra Capital Management LLC raised its holdings in 1-800-Flowers by 102.0% in the fourth quarter. Penserra Capital Management LLC now owns 555,922 shares of the specialty retailer’s stock worth $5,948,000 after purchasing an additional 280,681 shares in the last quarter. J. Goldman & Co LP bought a new position in shares of 1-800-Flowers during the fourth quarter valued at $1,177,000. Dimensional Fund Advisors LP increased its holdings in shares of 1-800-Flowers by 3.9% during the third quarter. Dimensional Fund Advisors LP now owns 2,770,303 shares of the specialty retailer’s stock valued at $27,287,000 after acquiring an additional 103,005 shares in the last quarter. Pacific Ridge Capital Partners LLC bought a new position in shares of 1-800-Flowers during the fourth quarter valued at $986,000. Finally, Eagle Boston Investment Management Inc. increased its holdings in shares of 1-800-Flowers by 5.1% during the fourth quarter. Eagle Boston Investment Management Inc. now owns 1,498,075 shares of the specialty retailer’s stock valued at $16,029,000 after acquiring an additional 72,680 shares in the last quarter. 34.16% of the stock is owned by hedge funds and other institutional investors.
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1-800-Flowers Company Profile
1-800-Flowers.com, Inc, together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Food and Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, and plush stuffed animals.
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