William E. Shea Sells 5,000 Shares of 1-800-Flowers.com Inc. (FLWS) Stock
1-800-Flowers.com Inc. (NASDAQ:FLWS) CFO William E. Shea sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 9th. The shares were sold at an average price of $10.03, for a total transaction of $50,150.00. Following the transaction, the chief financial officer now directly owns 275,173 shares in the company, valued at approximately $2,759,985.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
1-800-Flowers.com Inc. (NASDAQ:FLWS) opened at 10.10 on Friday. The firm’s 50-day moving average price is $9.39 and its 200 day moving average price is $8.88. 1-800-Flowers.com Inc. has a one year low of $6.11 and a one year high of $10.25. The firm has a market cap of $657.32 million, a P/E ratio of 26.51 and a beta of 1.67.
1-800-Flowers.com (NASDAQ:FLWS) last posted its earnings results on Thursday, August 25th. The company reported ($0.14) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.14). The company earned $234.40 million during the quarter, compared to analyst estimates of $228.18 million. 1-800-Flowers.com had a return on equity of 11.15% and a net margin of 2.16%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.13) EPS. On average, equities research analysts forecast that 1-800-Flowers.com Inc. will post $0.47 EPS for the current year.
Several equities analysts recently weighed in on the stock. B. Riley reaffirmed a “buy” rating and set a $12.50 price objective on shares of 1-800-Flowers.com in a research report on Tuesday. Zacks Investment Research raised shares of 1-800-Flowers.com from a “sell” rating to a “hold” rating in a research report on Monday. Wunderlich raised their price objective on shares of 1-800-Flowers.com from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Tuesday, August 23rd. Ladenburg Thalmann assumed coverage on shares of 1-800-Flowers.com in a research report on Wednesday, August 17th. They set an “outperform” rating on the stock. Finally, Noble Financial reaffirmed a “buy” rating and set a $12.50 price objective (up previously from $11.00) on shares of 1-800-Flowers.com in a research report on Monday, August 29th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $12.38.
Several institutional investors have recently bought and sold shares of the company. Foundry Partners LLC raised its position in 1-800-Flowers.com by 197.8% in the second quarter. Foundry Partners LLC now owns 337,150 shares of the company’s stock valued at $3,041,000 after buying an additional 223,935 shares during the last quarter. California State Teachers Retirement System boosted its stake in 1-800-Flowers.com by 3.0% in the second quarter. California State Teachers Retirement System now owns 54,587 shares of the company’s stock valued at $492,000 after buying an additional 1,591 shares during the last quarter. Loomis Sayles & Co. L P purchased a new stake in 1-800-Flowers.com during the first quarter valued at approximately $6,469,000. Prudential Financial Inc. purchased a new stake in 1-800-Flowers.com during the first quarter valued at approximately $2,379,000. Finally, Aristotle Capital Boston LLC boosted its stake in 1-800-Flowers.com by 2.9% in the second quarter. Aristotle Capital Boston LLC now owns 843,255 shares of the company’s stock valued at $7,606,000 after buying an additional 24,080 shares during the last quarter. Institutional investors own 34.37% of the company’s stock.
1-800-Flowers.com Company Profile
1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.
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