1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) CEO Christopher G. Mccann Sells 17,850 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) CEO Christopher G. Mccann sold 17,850 shares of the business’s stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $25.79, for a total value of $460,351.50. Following the completion of the transaction, the chief executive officer now owns 1,119,099 shares of the company’s stock, valued at $28,861,563.21. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

NASDAQ:FLWS opened at $25.22 on Thursday. 1-800-FLOWERS.COM, Inc. has a twelve month low of $11.15 and a twelve month high of $32.78. The company has a quick ratio of 1.56, a current ratio of 2.10 and a debt-to-equity ratio of 0.22. The business has a 50 day moving average price of $25.52 and a two-hundred day moving average price of $23.97. The company has a market cap of $1.62 billion, a P/E ratio of 28.66 and a beta of 1.60.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, August 27th. The specialty retailer reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. 1-800-FLOWERS.COM had a return on equity of 17.12% and a net margin of 3.96%. The firm had revenue of $418.00 million during the quarter, compared to the consensus estimate of $388.00 million. During the same quarter in the prior year, the firm posted ($0.13) EPS. The business’s revenue was up 61.1% on a year-over-year basis. As a group, analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 1.08 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of 1-800-FLOWERS.COM by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 1,790,573 shares of the specialty retailer’s stock worth $35,847,000 after purchasing an additional 9,669 shares in the last quarter. Shannon River Fund Management LLC raised its stake in shares of 1-800-FLOWERS.COM by 19.2% during the 2nd quarter. Shannon River Fund Management LLC now owns 1,101,743 shares of the specialty retailer’s stock worth $22,057,000 after purchasing an additional 177,183 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of 1-800-FLOWERS.COM by 100.2% during the 2nd quarter. Nordea Investment Management AB now owns 665,430 shares of the specialty retailer’s stock worth $13,442,000 after purchasing an additional 333,087 shares in the last quarter. State Street Corp raised its stake in shares of 1-800-FLOWERS.COM by 1.9% during the 1st quarter. State Street Corp now owns 632,897 shares of the specialty retailer’s stock worth $8,373,000 after purchasing an additional 11,924 shares in the last quarter. Finally, ProShare Advisors LLC raised its stake in 1-800-FLOWERS.COM by 316.9% in the 2nd quarter. ProShare Advisors LLC now owns 525,332 shares of the specialty retailer’s stock valued at $10,517,000 after acquiring an additional 399,319 shares during the period. Institutional investors own 42.81% of the company’s stock.

Several equities analysts recently issued reports on FLWS shares. BidaskClub upgraded 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating in a research report on Thursday. DA Davidson upgraded 1-800-FLOWERS.COM from an “underperform” rating to a “neutral” rating and set a $33.00 price objective for the company in a research report on Friday, August 28th. Finally, Zacks Investment Research upgraded 1-800-FLOWERS.COM from a “hold” rating to a “strong-buy” rating and set a $34.00 price objective for the company in a research report on Tuesday, September 1st. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $29.00.

1-800-FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, dipped berries, 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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Insider Buying and Selling by Quarter for 1-800-FLOWERS.COM (NASDAQ:FLWS)

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