1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Insider Arnold P. Leap Sells 3,000 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) insider Arnold P. Leap sold 3,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $7.37, for a total transaction of $22,110.00. Following the sale, the insider now directly owns 97,956 shares of the company’s stock, valued at $721,935.72. This represents a 2.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

1-800-FLOWERS.COM Price Performance

FLWS stock opened at $7.84 on Friday. The stock has a market cap of $503.48 million, a price-to-earnings ratio of -56.00, a P/E/G ratio of 2.99 and a beta of 1.61. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. The company has a 50 day simple moving average of $8.07 and a 200 day simple moving average of $8.85. 1-800-FLOWERS.COM, Inc. has a 1 year low of $7.14 and a 1 year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.53) by $0.02. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The company had revenue of $193.20 million during the quarter, compared to the consensus estimate of $246.88 million. During the same period in the prior year, the business earned ($0.48) earnings per share. The company’s revenue for the quarter was down 28.2% compared to the same quarter last year. Research analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. DA Davidson boosted their target price on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Thursday, October 31st. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

Institutional Trading of 1-800-FLOWERS.COM

A number of hedge funds have recently made changes to their positions in FLWS. Price T Rowe Associates Inc. MD increased its stake in shares of 1-800-FLOWERS.COM by 6.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock valued at $231,000 after buying an additional 1,287 shares during the period. Hennion & Walsh Asset Management Inc. grew its holdings in 1-800-FLOWERS.COM by 3.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock worth $353,000 after acquiring an additional 1,472 shares during the last quarter. Federated Hermes Inc. increased its position in 1-800-FLOWERS.COM by 8.9% in the 2nd quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock valued at $244,000 after acquiring an additional 2,100 shares during the period. Hsbc Holdings PLC increased its position in 1-800-FLOWERS.COM by 7.2% in the 2nd quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock valued at $304,000 after acquiring an additional 2,148 shares during the period. Finally, State Street Corp raised its stake in shares of 1-800-FLOWERS.COM by 0.5% during the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after acquiring an additional 2,886 shares during the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

About 1-800-FLOWERS.COM

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.