1-800-Flowers.Com Inc (FLWS) CEO Christopher G. Mccann Sold 12,500 Shares

1-800-Flowers.Com Inc (FLWS) CEO Christopher G. Mccann Sold 12,500 Shares

1-800-Flowers.Com Inc (NASDAQ:FLWS) CEO Christopher G. Mccann sold 12,500 shares of the company’s stock in a transaction dated Friday, January 4th. The stock was sold at an average price of $12.40, for a total transaction of $155,000.00. Following the completion of the sale, the chief executive officer now owns 943,328 shares in the company, valued at approximately $11,697,267.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of NASDAQ:FLWS traded up $0.27 during trading on Tuesday, reaching $12.96. 187,300 shares of the stock traded hands, compared to its average volume of 140,380. 1-800-Flowers.Com Inc has a 52-week low of $9.76 and a 52-week high of $15.00. The company has a quick ratio of 0.73, a current ratio of 2.13 and a debt-to-equity ratio of 0.30. The stock has a market cap of $797.72 million, a price-to-earnings ratio of 29.45, a PEG ratio of 3.03 and a beta of 1.06.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, November 1st. The specialty retailer reported ($0.27) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.30) by $0.03. 1-800-Flowers.Com had a net margin of 3.16% and a return on equity of 7.99%. The firm had revenue of $169.50 million for the quarter, compared to analysts’ expectations of $165.59 million. During the same quarter in the prior year, the company posted ($0.20) earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. As a group, sell-side analysts anticipate that 1-800-Flowers.Com Inc will post 0.41 earnings per share for the current year.

A number of hedge funds have recently modified their holdings of the stock. BlackRock Inc. boosted its holdings in 1-800-Flowers.Com by 1.7% in the third quarter. BlackRock Inc. now owns 1,876,755 shares of the specialty retailer’s stock worth $22,145,000 after purchasing an additional 30,740 shares during the last quarter. Penserra Capital Management LLC boosted its holdings in 1-800-Flowers.Com by 20.2% in the third quarter. Penserra Capital Management LLC now owns 1,362,117 shares of the specialty retailer’s stock worth $16,072,000 after purchasing an additional 229,140 shares during the last quarter. Vanguard Group Inc. boosted its holdings in 1-800-Flowers.Com by 3.7% in the third quarter. Vanguard Group Inc. now owns 1,258,070 shares of the specialty retailer’s stock worth $14,845,000 after purchasing an additional 44,523 shares during the last quarter. Vanguard Group Inc boosted its holdings in 1-800-Flowers.Com by 3.7% in the third quarter. Vanguard Group Inc now owns 1,258,070 shares of the specialty retailer’s stock worth $14,845,000 after purchasing an additional 44,523 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in 1-800-Flowers.Com by 8.9% in the third quarter. AQR Capital Management LLC now owns 1,147,890 shares of the specialty retailer’s stock worth $13,545,000 after purchasing an additional 93,520 shares during the last quarter. Institutional investors own 34.07% of the company’s stock.

A number of equities research analysts have recently commented on FLWS shares. Zacks Investment Research upgraded shares of 1-800-Flowers.Com from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Tuesday, December 18th. BidaskClub upgraded shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a report on Wednesday, December 12th. reiterated a “buy” rating on shares of 1-800-Flowers.Com in a report on Tuesday, November 20th. ValuEngine upgraded shares of 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a report on Thursday, November 1st. Finally, Sidoti upgraded shares of 1-800-Flowers.Com from a “neutral” rating to a “buy” rating in a report on Thursday, October 25th. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $13.67.

About 1-800-Flowers.Com

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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