Insider Selling: 1-800 FLOWERS.COM (NASDAQ:FLWS) Insider Sells $22,502.90 in Stock

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) insider Jonathan Feldman sold 7,259 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $3.10, for a total value of $22,502.90. Following the transaction, the insider directly owned 51,129 shares of the company’s stock, valued at approximately $158,499.90. This trade represents a 12.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

1-800 FLOWERS.COM Stock Up 4.3%

FLWS opened at $3.40 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.28 and a quick ratio of 0.48. 1-800 FLOWERS.COM, Inc. has a 12 month low of $2.93 and a 12 month high of $9.17. The stock has a market capitalization of $216.30 million, a P/E ratio of -1.08 and a beta of 1.24. The business has a 50 day simple moving average of $4.08 and a 200-day simple moving average of $4.90.

1-800 FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, October 30th. The specialty retailer reported ($0.83) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.59) by ($0.24). 1-800 FLOWERS.COM had a negative return on equity of 13.87% and a negative net margin of 11.86%.The business had revenue of $215.20 million for the quarter, compared to analyst estimates of $218.32 million. On average, equities analysts anticipate that 1-800 FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on FLWS shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a report on Wednesday, October 8th. Zacks Research lowered shares of 1-800 FLOWERS.COM from a “hold” rating to a “strong sell” rating in a research report on Monday, October 20th. Two equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, 1-800 FLOWERS.COM presently has an average rating of “Reduce” and an average price target of $7.50.

Institutional Investors Weigh In On 1-800 FLOWERS.COM

Several institutional investors and hedge funds have recently made changes to their positions in the business. Fund 1 Investments LLC increased its holdings in 1-800 FLOWERS.COM by 16.5% during the 2nd quarter. Fund 1 Investments LLC now owns 9,527,250 shares of the specialty retailer’s stock valued at $46,874,000 after acquiring an additional 1,346,781 shares in the last quarter. Nantahala Capital Management LLC grew its position in shares of 1-800 FLOWERS.COM by 68.4% in the third quarter. Nantahala Capital Management LLC now owns 3,368,065 shares of the specialty retailer’s stock valued at $15,493,000 after purchasing an additional 1,368,065 shares during the last quarter. Newtyn Management LLC raised its position in shares of 1-800 FLOWERS.COM by 56.3% during the 3rd quarter. Newtyn Management LLC now owns 2,516,466 shares of the specialty retailer’s stock worth $11,576,000 after purchasing an additional 906,911 shares during the last quarter. Nomura Holdings Inc. lifted its stake in 1-800 FLOWERS.COM by 6.4% in the 2nd quarter. Nomura Holdings Inc. now owns 2,175,750 shares of the specialty retailer’s stock valued at $10,705,000 after buying an additional 129,998 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its stake in 1-800 FLOWERS.COM by 0.7% in the 1st quarter. Gamco Investors INC. ET AL now owns 1,292,700 shares of the specialty retailer’s stock valued at $7,627,000 after buying an additional 8,400 shares in the last quarter. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

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.