Insider Selling: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Sells $312,000.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc sold 40,000 shares of the company's stock in a transaction on Monday, November 4th. The stock was sold at an average price of $7.80, for a total transaction of $312,000.00. Following the completion of the transaction, the insider now directly owns 3,674,364 shares in the company, valued at $28,660,039.20. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

1-800-FLOWERS.COM Stock Down 1.0 %

NASDAQ:FLWS traded down $0.08 on Monday, hitting $8.18. 494,453 shares of the company's stock were exchanged, compared to its average volume of 313,958. 1-800-FLOWERS.COM, Inc. has a 52 week low of $7.14 and a 52 week high of $11.42. The company has a market cap of $525.32 million, a P/E ratio of -59.00, a price-to-earnings-growth ratio of 3.17 and a beta of 1.61. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.69 and a quick ratio of 0.92. The firm has a 50-day moving average price of $7.97 and a 200-day moving average price of $8.94.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, beating 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 2.04%. The company had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. During the same period in the prior year, the firm earned ($0.48) earnings per share. The company's revenue was down 28.2% on a year-over-year basis. As a group, analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Several institutional investors and hedge funds have recently bought and sold shares of the company. GSA Capital Partners LLP acquired a new stake in 1-800-FLOWERS.COM in the first quarter valued at $1,432,000. Vanguard Group Inc. grew its position in 1-800-FLOWERS.COM by 0.6% during the first quarter. Vanguard Group Inc. now owns 1,625,239 shares of the specialty retailer's stock valued at $17,601,000 after buying an additional 10,061 shares during the period. Sei Investments Co. lifted its position in shares of 1-800-FLOWERS.COM by 15.7% during the 2nd quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer's stock valued at $6,540,000 after buying an additional 93,041 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in 1-800-FLOWERS.COM by 96.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,532 shares of the specialty retailer's stock worth $114,000 after buying an additional 5,173 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of 1-800-FLOWERS.COM by 37.7% in the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer's stock worth $5,307,000 after buying an additional 152,536 shares in the last quarter. Institutional investors own 38.43% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. StockNews.com upgraded shares of 1-800-FLOWERS.COM from a "hold" rating to a "buy" rating in a research note on Friday. DA Davidson upped their price target on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a "neutral" rating in a research report on Thursday.

1-800-FLOWERS.COM Company Profile

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.

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