Leonard J. Elmore Sells 2,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Director Leonard J. Elmore sold 2,000 shares of 1-800-FLOWERS.COM stock in a transaction on Tuesday, June 8th. The stock was sold at an average price of $37.68, for a total transaction of $75,360.00. Following the transaction, the director now directly owns 45,171 shares in the company, valued at $1,702,043.28. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of NASDAQ FLWS opened at $37.79 on Friday. 1-800-FLOWERS.COM, Inc. has a 12 month low of $18.51 and a 12 month high of $39.61. The company has a quick ratio of 1.07, a current ratio of 1.48 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 21.84 and a beta of 1.70. The stock’s 50-day simple moving average is $30.10.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Wednesday, April 28th. The specialty retailer reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.11. The firm had revenue of $474.23 million during the quarter, compared to analyst estimates of $411.90 million. 1-800-FLOWERS.COM had a return on equity of 27.79% and a net margin of 5.61%. The business’s quarterly revenue was up 70.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.14) earnings per share. As a group, analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 1.86 EPS for the current year.

A number of equities analysts have issued reports on the stock. Zacks Investment Research raised shares of 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Tuesday, May 4th. DA Davidson raised shares of 1-800-FLOWERS.COM from a “neutral” rating to a “buy” rating in a report on Thursday, May 6th.

Large investors have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. boosted its stake in shares of 1-800-FLOWERS.COM by 4,353.6% during the first quarter. Meeder Asset Management Inc. now owns 1,247 shares of the specialty retailer’s stock valued at $34,000 after purchasing an additional 1,219 shares during the period. Lazard Asset Management LLC raised its holdings in shares of 1-800-FLOWERS.COM by 35.9% during the fourth quarter. Lazard Asset Management LLC now owns 2,810 shares of the specialty retailer’s stock valued at $73,000 after acquiring an additional 742 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of 1-800-FLOWERS.COM by 2,667.8% during the fourth quarter. Captrust Financial Advisors now owns 3,266 shares of the specialty retailer’s stock valued at $85,000 after acquiring an additional 3,148 shares in the last quarter. Hussman Strategic Advisors Inc. bought a new position in shares of 1-800-FLOWERS.COM during the first quarter valued at approximately $199,000. Finally, Arizona State Retirement System bought a new position in shares of 1-800-FLOWERS.COM during the first quarter valued at approximately $204,000. 44.39% of the stock is owned by hedge funds and other institutional investors.

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.

Featured Article: What Does Beta Mean In Stock Selection?

Insider Buying and Selling by Quarter for 1-800-FLOWERS.COM (NASDAQ:FLWS)

Receive News & Ratings for 1-800-FLOWERS.COM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800-FLOWERS.COM and related companies with MarketBeat.com's FREE daily email newsletter.