1-800-Flowers.Com Inc (NASDAQ:FLWS) CEO Christopher G. Mccann sold 25,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 943,328 shares in the company, valued at approximately $17,121,403.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of FLWS opened at $18.69 on Monday. The firm has a market cap of $1.20 billion, a PE ratio of 42.48, a P/E/G ratio of 4.09 and a beta of 1.31. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.60 and a current ratio of 1.92. 1-800-Flowers.Com Inc has a 1-year low of $10.01 and a 1-year high of $19.05.
1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 31st. The specialty retailer reported $1.04 earnings per share for the quarter, beating the Thomson Reuters’ 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 business had revenue of $571.32 million for the quarter, compared to the consensus estimate of $554.50 million. Sell-side analysts anticipate that 1-800-Flowers.Com Inc will post 0.46 EPS for the current fiscal year.
A number of brokerages recently commented on FLWS. Sidoti downgraded shares of 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research note on Wednesday, February 6th. TheStreet raised shares of 1-800-Flowers.Com from a “c+” rating to a “b” rating in a research report on Friday, February 1st. Noble Financial upgraded shares of 1-800-Flowers.Com from a “market perform” rating to an “outperform” rating and set a $19.00 price objective for the company in a research note on Friday, February 1st. DA Davidson lifted their price target on shares of 1-800-Flowers.Com to $18.00 and gave the stock a “neutral” rating in a report on Friday, February 1st. Finally, BidaskClub raised 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research report on Wednesday, December 12th. Two analysts have rated the stock with a hold rating, four have given a buy rating and three have assigned a strong buy rating to the stock. 1-800-Flowers.Com presently has an average rating of “Buy” and an average price target of $18.06.
A number of large investors have recently modified their holdings of FLWS. Legal & General Group Plc boosted its holdings in shares of 1-800-Flowers.Com by 39.3% in 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 raised its stake 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 buying an additional 7,165 shares during the last quarter. Bailard Inc. acquired a new position in shares of 1-800-Flowers.Com in the 4th quarter valued at about $149,000. One Wealth Advisors LLC lifted its holdings in shares of 1-800-Flowers.Com by 5.7% in the 4th quarter. One Wealth Advisors LLC now owns 16,834 shares of the specialty retailer’s stock valued at $206,000 after buying an additional 908 shares during the period. Finally, MetLife Investment Advisors LLC boosted its stake in shares of 1-800-Flowers.Com by 37.1% in the third quarter. MetLife Investment Advisors LLC now owns 18,281 shares of the specialty retailer’s stock worth $216,000 after buying an additional 4,951 shares during the last quarter. Institutional investors own 32.98% of the company’s stock.
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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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