Christopher G. Mccann Sells 25,000 Shares of 1-800-Flowers.Com Inc (NASDAQ:FLWS) Stock

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1-800-Flowers.Com Inc (NASDAQ:FLWS) CEO Christopher G. Mccann sold 25,000 shares of 1-800-Flowers.Com stock in a transaction that occurred on Thursday, April 25th. The stock was sold at an average price of $19.02, for a total value of $475,500.00. Following the transaction, the chief executive officer now owns 943,328 shares of the company’s stock, valued at $17,942,098.56. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of FLWS opened at $18.89 on Tuesday. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 42.93, a PEG ratio of 3.91 and a beta of 1.35. The company has a quick ratio of 1.60, a current ratio of 1.92 and a debt-to-equity ratio of 0.24. 1-800-Flowers.Com Inc has a 12-month low of $10.01 and a 12-month high of $21.77.

1-800-Flowers.Com (NASDAQ:FLWS) last issued its quarterly earnings results on Tuesday, April 30th. The specialty retailer reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.05. The company had revenue of $248.40 million during the quarter, compared to analysts’ expectations of $243.12 million. 1-800-Flowers.Com had a return on equity of 11.01% and a net margin of 2.86%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.15) earnings per share. As a group, research analysts forecast that 1-800-Flowers.Com Inc will post 0.5 earnings per share for the current fiscal year.

Several hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its stake in shares of 1-800-Flowers.Com by 5.6% in the first quarter. BlackRock Inc. now owns 2,022,112 shares of the specialty retailer’s stock valued at $36,864,000 after buying an additional 108,002 shares during the period. Vanguard Group Inc. boosted its position in shares of 1-800-Flowers.Com by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,258,070 shares of the specialty retailer’s stock valued at $14,845,000 after purchasing an additional 44,523 shares in the last quarter. Vanguard Group Inc boosted its position in shares of 1-800-Flowers.Com by 3.7% during the 3rd quarter. Vanguard Group Inc now owns 1,258,070 shares of the specialty retailer’s stock valued at $14,845,000 after purchasing an additional 44,523 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of 1-800-Flowers.Com by 8.9% during the 3rd quarter. AQR Capital Management LLC now owns 1,147,890 shares of the specialty retailer’s stock valued at $13,545,000 after purchasing an additional 93,520 shares in the last quarter. Finally, Peregrine Capital Management LLC boosted its position in shares of 1-800-Flowers.Com by 25.8% during the 4th quarter. Peregrine Capital Management LLC now owns 671,387 shares of the specialty retailer’s stock valued at $8,211,000 after purchasing an additional 137,881 shares in the last quarter. 31.34% of the stock is owned by institutional investors.

FLWS has been the subject of several recent research reports. Benchmark boosted their price target on 1-800-Flowers.Com from $18.00 to $27.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Noble Financial upgraded 1-800-Flowers.Com from a “market perform” rating to an “outperform” rating and set a $19.00 target price for the company in a research report on Friday, February 1st. BidaskClub upgraded 1-800-Flowers.Com from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th. DA Davidson raised 1-800-Flowers.Com from a “neutral” rating to a “buy” rating and set a $18.25 price target for the company in a report on Tuesday, March 19th. Finally, Craig Hallum boosted their price target on 1-800-Flowers.Com from $26.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Two analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $21.65.

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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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