1-800-Flowers.Com Inc (NASDAQ:FLWS) Director Leonard J. Elmore sold 3,234 shares of the 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 completion of the transaction, the director now owns 42,487 shares in the company, valued at approximately $550,631.52. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Shares of NASDAQ:FLWS opened at $13.30 on Friday. 1-800-Flowers.Com Inc has a twelve month low of $8.85 and a twelve month high of $15.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.48 and a current ratio of 2.19. The company has a market capitalization of $875.84 million, a P/E ratio of 37.67, a price-to-earnings-growth ratio of 3.31 and a beta of 1.11.
1-800-Flowers.Com (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, November 1st. The specialty retailer reported ($0.27) earnings per share for the quarter, topping the Thomson Reuters’ 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 company had revenue of $169.50 million for the quarter, compared to the consensus estimate of $165.59 million. During the same quarter in the prior year, the company earned ($0.20) EPS. 1-800-Flowers.Com’s quarterly revenue was up 7.8% on a year-over-year basis. On average, analysts forecast that 1-800-Flowers.Com Inc will post 0.41 earnings per share for the current year.
Several hedge funds and other institutional investors have recently modified their holdings of FLWS. Penserra Capital Management LLC grew its stake in shares of 1-800-Flowers.Com by 20.2% during the 3rd quarter. Penserra Capital Management LLC now owns 1,362,117 shares of the specialty retailer’s stock worth $16,072,000 after purchasing an additional 229,140 shares during the period. Millennium Management LLC acquired a new stake in shares of 1-800-Flowers.Com during the 2nd quarter worth approximately $1,966,000. BlackRock Inc. grew its stake in shares of 1-800-Flowers.Com by 6.8% during the 2nd quarter. BlackRock Inc. now owns 1,846,015 shares of the specialty retailer’s stock worth $23,168,000 after purchasing an additional 118,144 shares during the period. Northern Trust Corp grew its stake in shares of 1-800-Flowers.Com by 9.4% during the 2nd quarter. Northern Trust Corp now owns 366,945 shares of the specialty retailer’s stock worth $4,605,000 after purchasing an additional 31,595 shares during the period. Finally, Russell Investments Group Ltd. grew its stake in shares of 1-800-Flowers.Com by 159.1% during the 1st quarter. Russell Investments Group Ltd. now owns 37,213 shares of the specialty retailer’s stock worth $440,000 after purchasing an additional 22,853 shares during the period. 32.90% of the stock is currently owned by institutional investors and hedge funds.
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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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