Leonard J. Elmore Sells 3,234 Shares of 1-800-Flowers.Com Inc (FLWS) Stock

1-800-Flowers.Com Inc (NASDAQ:FLWS) Director Leonard J. Elmore sold 3,234 shares of the business’s stock in a transaction that occurred on Tuesday, November 6th. The stock was sold at an average price of $12.96, for a total transaction of $41,912.64. Following the sale, the director now directly owns 42,487 shares in the company, valued at $550,631.52. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

FLWS traded up $0.07 during trading on Thursday, reaching $13.63. 19,287 shares of the company’s stock were exchanged, compared to its average volume of 263,620. 1-800-Flowers.Com Inc has a one year low of $8.85 and a one year high of $15.00. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.19 and a quick ratio of 1.48. The firm has a market capitalization of $817.71 million, a price-to-earnings ratio of 30.80, a PEG ratio of 3.11 and a beta of 1.11.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its earnings results on Thursday, November 1st. The specialty retailer reported ($0.27) earnings per share for the quarter, topping 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 7.82%. The firm had revenue of $169.50 million for the quarter, compared to analyst estimates of $165.59 million. During the same period in the previous year, the firm posted ($0.20) EPS. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. As a group, equities research analysts predict that 1-800-Flowers.Com Inc will post 0.41 EPS for the current year.

FLWS has been the topic of a number of research reports. Zacks Investment Research lowered shares of 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a report on Monday, August 27th. Cann reissued a “sell” rating on shares of 1-800-Flowers.Com in a report on Monday, October 15th. BidaskClub raised shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a report on Saturday, September 29th. Noble Financial reissued a “hold” rating on shares of 1-800-Flowers.Com in a report on Tuesday, August 28th. Finally, Benchmark reissued a “buy” rating and set a $16.00 target price (up from $14.00) on shares of 1-800-Flowers.Com in a report on Wednesday, August 22nd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $13.33.

A number of institutional investors and hedge funds have recently bought and sold shares of FLWS. SG Americas Securities LLC acquired a new position in shares of 1-800-Flowers.Com in the 2nd quarter worth approximately $108,000. Tower Research Capital LLC TRC lifted its position in shares of 1-800-Flowers.Com by 97.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,159 shares of the specialty retailer’s stock worth $114,000 after purchasing an additional 4,531 shares during the period. Voya Investment Management LLC acquired a new position in shares of 1-800-Flowers.Com in the 2nd quarter worth approximately $132,000. Tocqueville Asset Management L.P. acquired a new position in shares of 1-800-Flowers.Com in the 2nd quarter worth approximately $132,000. Finally, Barclays PLC lifted its position in shares of 1-800-Flowers.Com by 103.0% in the 1st quarter. Barclays PLC now owns 11,791 shares of the specialty retailer’s stock worth $139,000 after purchasing an additional 5,983 shares during the period. 32.90% of the stock is currently owned by hedge funds and other institutional investors.

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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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Insider Buying and Selling by Quarter for 1-800-Flowers.Com (NASDAQ:FLWS)

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