1-800 FLOWERS.COM (NASDAQ:FLWS) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.85 and traded as high as $4.01. 1-800 FLOWERS.COM shares last traded at $3.92, with a volume of 189,850 shares.

Analyst Ratings Changes

FLWS has been the topic of several research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a research note on Wednesday, June 24th. Zacks Research downgraded shares of 1-800 FLOWERS.COM from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Noble Financial restated an “outperform” rating on shares of 1-800 FLOWERS.COM in a research report on Friday, May 8th. Finally, Wall Street Zen raised 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, 1-800 FLOWERS.COM presently has a consensus rating of “Reduce” and a consensus target price of $3.75.

1-800 FLOWERS.COM Stock Performance

The firm has a fifty day moving average price of $4.09 and a 200 day moving average price of $3.85. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 0.61. The firm has a market cap of $263.77 million, a PE ratio of -1.95 and a beta of 1.36.

1-800 FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, May 7th. The specialty retailer reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.75) by ($0.02). 1-800 FLOWERS.COM had a negative net margin of 8.69% and a negative return on equity of 28.81%. The firm had revenue of $293.01 million during the quarter, compared to analysts’ expectations of $292.42 million. As a group, equities research analysts expect that 1-800 FLOWERS.COM, Inc. will post -1.23 earnings per share for the current fiscal year.

Insider Buying and Selling at 1-800 FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc sold 489,238 shares of the firm’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $4.17, for a total transaction of $2,040,122.46. Following the completion of the sale, the insider owned 3,607,004 shares in the company, valued at $15,041,206.68. This trade represents a 11.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have sold 1,752,433 shares of company stock valued at $7,555,619. Corporate insiders own 52.16% of the company’s stock.

Institutional Trading of 1-800 FLOWERS.COM

Several institutional investors have recently made changes to their positions in the company. Jump Financial LLC increased its stake in 1-800 FLOWERS.COM by 10.6% during the fourth quarter. Jump Financial LLC now owns 34,849 shares of the specialty retailer’s stock worth $137,000 after acquiring an additional 3,347 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of 1-800 FLOWERS.COM by 32.4% during the 4th quarter. Intech Investment Management LLC now owns 19,022 shares of the specialty retailer’s stock worth $75,000 after purchasing an additional 4,651 shares during the period. Quarry LP increased its position in shares of 1-800 FLOWERS.COM by 538,100.0% during the 3rd quarter. Quarry LP now owns 5,382 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 5,381 shares during the last quarter. Barclays PLC raised its holdings in 1-800 FLOWERS.COM by 17.8% in the 4th quarter. Barclays PLC now owns 36,342 shares of the specialty retailer’s stock valued at $143,000 after buying an additional 5,500 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of 1-800 FLOWERS.COM by 7.0% in the 1st quarter. Bank of New York Mellon Corp now owns 84,968 shares of the specialty retailer’s stock valued at $258,000 after acquiring an additional 5,568 shares during the period. Hedge funds and other institutional investors own 38.43% of the company’s stock.

About 1-800 FLOWERS.COM

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.