1-800-Flowers.Com Inc (NASDAQ:FLWS) CEO Christopher G. Mccann sold 25,000 shares of the stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $18.15, for a total value of $453,750.00. Following the completion of the sale, the chief executive officer now directly owns 943,328 shares of the company’s stock, valued at $17,121,403.20. The sale was disclosed in a filing with the SEC, which is available at this link.
FLWS stock traded down $0.19 during mid-day trading on Friday, hitting $18.00. The stock had a trading volume of 664,568 shares, compared to its average volume of 338,533. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.92 and a quick ratio of 1.60. 1-800-Flowers.Com Inc has a 1-year low of $10.01 and a 1-year high of $18.59. The firm has a market cap of $1.18 billion, a P/E ratio of 40.91, a PEG ratio of 4.01 and a beta of 1.31.
1-800-Flowers.Com (NASDAQ:FLWS) last issued its earnings results on Thursday, January 31st. The specialty retailer reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.07. 1-800-Flowers.Com had a return on equity of 10.94% and a net margin of 2.86%. The company had revenue of $571.32 million for the quarter, compared to analyst estimates of $554.50 million. As a group, research analysts expect that 1-800-Flowers.Com Inc will post 0.46 EPS for the current year.
Hedge funds have recently modified their holdings of the business. Legal & General Group Plc increased its holdings in shares of 1-800-Flowers.Com by 39.3% during the 4th quarter. Legal & General Group Plc now owns 5,338 shares of the specialty retailer’s stock valued at $65,000 after acquiring an additional 1,506 shares during the last quarter. Metropolitan Life Insurance Co. NY increased its holdings in shares of 1-800-Flowers.Com by 395.2% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 8,978 shares of the specialty retailer’s stock valued at $110,000 after acquiring an additional 7,165 shares during the last quarter. Bailard Inc. acquired a new position in shares of 1-800-Flowers.Com during the 4th quarter valued at about $149,000. One Wealth Advisors LLC increased its holdings in shares of 1-800-Flowers.Com by 5.7% during the 4th quarter. One Wealth Advisors LLC now owns 16,834 shares of the specialty retailer’s stock valued at $206,000 after acquiring an additional 908 shares during the last quarter. Finally, MetLife Investment Advisors LLC increased its holdings in shares of 1-800-Flowers.Com by 37.1% during the 3rd quarter. MetLife Investment Advisors LLC now owns 18,281 shares of the specialty retailer’s stock valued at $216,000 after acquiring an additional 4,951 shares during the last quarter. 32.98% of the stock is currently owned by institutional investors.
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1-800-Flowers.Com 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 Foods & 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, jewelry, and plush stuffed animals.
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