1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Insider Sells $24,550.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) insider Arnold P. Leap sold 5,000 shares of the business’s stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $4.91, for a total transaction of $24,550.00. Following the completion of the sale, the insider now directly owns 90,795 shares in the company, valued at approximately $445,803.45. This represents a 5.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

1-800-FLOWERS.COM Trading Down 2.1%

1-800-FLOWERS.COM stock opened at $4.65 on Friday. The stock has a 50-day simple moving average of $5.52 and a 200 day simple moving average of $7.08. The stock has a market capitalization of $295.74 million, a P/E ratio of -42.27 and a beta of 1.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. 1-800-FLOWERS.COM, Inc. has a 52 week low of $3.86 and a 52 week high of $11.10.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Thursday, May 8th. The specialty retailer reported ($0.71) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.37). The business had revenue of $331.45 million for the quarter, compared to the consensus estimate of $367.85 million. 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. The business’s revenue was down 23.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.28) earnings per share. Analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

Institutional investors and hedge funds have recently modified their holdings of the stock. Two Sigma Advisers LP lifted its stake in shares of 1-800-FLOWERS.COM by 13.0% during the 4th quarter. Two Sigma Advisers LP now owns 13,900 shares of the specialty retailer’s stock worth $114,000 after buying an additional 1,600 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in 1-800-FLOWERS.COM by 13.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after acquiring an additional 1,623 shares during the period. Jones Financial Companies Lllp lifted its position in 1-800-FLOWERS.COM by 120.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 1,999 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of 1-800-FLOWERS.COM by 1.1% during the fourth quarter. Northern Trust Corp now owns 244,373 shares of the specialty retailer’s stock worth $1,997,000 after acquiring an additional 2,663 shares during the period. Finally, Wells Fargo & Company MN grew its position in shares of 1-800-FLOWERS.COM by 23.2% in the fourth quarter. Wells Fargo & Company MN now owns 14,721 shares of the specialty retailer’s stock valued at $120,000 after purchasing an additional 2,775 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. DA Davidson restated a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th. Noble Financial downgraded 1-800-FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 9th. StockNews.com cut 1-800-FLOWERS.COM from a “hold” rating to a “sell” rating in a research note on Monday, May 12th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, May 10th.

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.