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

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) insider Arnold P. Leap sold 3,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $7.37, for a total transaction of $22,110.00. Following the completion of the transaction, the insider now directly owns 97,956 shares of the company’s stock, valued at approximately $721,935.72. The trade was a 2.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

1-800-FLOWERS.COM Price Performance

Shares of FLWS opened at $7.84 on Friday. The stock’s 50-day moving average price is $8.07 and its two-hundred day moving average price is $8.85. 1-800-FLOWERS.COM, Inc. has a 12 month low of $7.14 and a 12 month high of $11.42. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40.

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

Wall Street Analysts Forecast Growth

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

Institutional Trading of 1-800-FLOWERS.COM

A number of large investors have recently bought and sold shares of the business. nVerses Capital LLC bought a new stake in 1-800-FLOWERS.COM in the third quarter worth approximately $41,000. SG Americas Securities LLC acquired a new stake in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at about $106,000. Paloma Partners Management Co acquired a new position in 1-800-FLOWERS.COM during the 3rd quarter worth approximately $121,000. Price T Rowe Associates Inc. MD boosted its holdings in 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 worth $231,000 after acquiring an additional 1,287 shares in the last quarter. Finally, Federated Hermes Inc. grew its stake in 1-800-FLOWERS.COM by 8.9% in the second 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. 38.43% of the stock is currently 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.