1-800 FLOWERS.COM Target of Unusually High Options Trading (NASDAQ:FLWS)

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) saw some unusual options trading on Monday. Investors acquired 4,542 call options on the stock. This represents an increase of 156% compared to the typical volume of 1,771 call options.

1-800 FLOWERS.COM Price Performance

FLWS traded up $0.32 on Monday, hitting $4.23. 583,917 shares of the company’s stock were exchanged, compared to its average volume of 915,300. The firm has a 50-day moving average price of $3.82 and a 200-day moving average price of $4.82. The stock has a market cap of $268.98 million, a price-to-earnings ratio of -1.22 and a beta of 1.17. The company has a current ratio of 1.03, a quick ratio of 0.26 and a debt-to-equity ratio of 0.59. 1-800 FLOWERS.COM has a fifty-two week low of $2.93 and a fifty-two week high of $9.17.

1-800 FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results 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 22.34% and a negative net margin of 13.19%.The business had revenue of $215.20 million for the quarter, compared to analyst estimates of $218.32 million. As a group, equities analysts anticipate that 1-800 FLOWERS.COM will post -0.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Zacks Research cut shares of 1-800 FLOWERS.COM from a “hold” rating to a “strong sell” rating in a research note on Monday, October 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $7.50.

Insider Transactions at 1-800 FLOWERS.COM

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 4,167,813 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $5.94, for a total value of $24,756,809.22. Following the completion of the transaction, the insider directly owned 5,359,437 shares of the company’s stock, valued at approximately $31,835,055.78. The trade was a 43.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 52.16% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FLWS. Charles Schwab Investment Management Inc. grew its position in shares of 1-800 FLOWERS.COM by 3.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 332,273 shares of the specialty retailer’s stock valued at $1,960,000 after purchasing an additional 10,732 shares in the last quarter. Invesco Ltd. grew its holdings in 1-800 FLOWERS.COM by 6.0% in the 1st quarter. Invesco Ltd. now owns 124,811 shares of the specialty retailer’s stock valued at $736,000 after buying an additional 7,012 shares in the last quarter. Nuveen LLC acquired a new stake in shares of 1-800 FLOWERS.COM in the 1st quarter worth $449,000. Russell Investments Group Ltd. raised its holdings in shares of 1-800 FLOWERS.COM by 38,664.9% during the 1st quarter. Russell Investments Group Ltd. now owns 14,343 shares of the specialty retailer’s stock worth $85,000 after acquiring an additional 14,306 shares during the period. Finally, Quantbot Technologies LP boosted its position in shares of 1-800 FLOWERS.COM by 611.2% during the 1st quarter. Quantbot Technologies LP now owns 73,313 shares of the specialty retailer’s stock valued at $433,000 after acquiring an additional 63,005 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

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.