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 dated Tuesday, November 19th. The stock was sold at an average price of $7.37, for a total value of $22,110.00. Following the transaction, the insider now owns 97,956 shares in the company, valued at $721,935.72. This trade represents a 2.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

1-800-FLOWERS.COM Stock Up 0.3 %

NASDAQ:FLWS traded up $0.02 during midday trading on Thursday, hitting $7.53. 33,791 shares of the stock were exchanged, compared to its average volume of 324,634. The business has a 50-day moving average price of $8.07 and a two-hundred day moving average price of $8.87. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. 1-800-FLOWERS.COM, Inc. has a one year low of $7.14 and a one year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.02. The company had revenue of $193.20 million during the quarter, compared to the consensus estimate 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 company’s quarterly revenue was down 28.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.48) EPS. On average, research analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

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

Hedge funds have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD increased 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 buying an additional 1,287 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in 1-800-FLOWERS.COM by 3.4% in the third 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 in the last quarter. Federated Hermes Inc. increased its stake in shares of 1-800-FLOWERS.COM by 8.9% during the 2nd quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock worth $244,000 after purchasing an additional 2,100 shares during the last quarter. Hsbc Holdings PLC lifted its stake in shares of 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 purchasing an additional 2,148 shares during the last quarter. Finally, State Street Corp boosted its holdings in 1-800-FLOWERS.COM by 0.5% in the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after purchasing an additional 2,886 shares in the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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.