Stock Traders Buy Large Volume of 1-800 FLOWERS.COM Call Options (NASDAQ:FLWS)

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) saw unusually large options trading on Wednesday. Traders purchased 6,263 call options on the stock. This represents an increase of 384% compared to the average volume of 1,294 call options.

1-800 FLOWERS.COM Trading Down 1.5%

Shares of FLWS stock opened at $3.94 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.81 and a current ratio of 1.25. 1-800 FLOWERS.COM has a 1 year low of $2.88 and a 1 year high of $8.44. The stock has a fifty day moving average of $3.37 and a two-hundred day moving average of $3.79. The firm has a market capitalization of $252.44 million, a PE ratio of -1.18 and a beta of 1.24.

1-800 FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.34. The business had revenue of $702.18 million during the quarter, compared to analyst estimates of $700.58 million. 1-800 FLOWERS.COM had a negative return on equity of 23.80% and a negative net margin of 13.41%. As a group, research analysts expect that 1-800 FLOWERS.COM will post -1.13 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Noble Financial upgraded 1-800 FLOWERS.COM from a “market perform” rating to an “outperform” rating and set a $3.75 price target for the company in a report on Monday, March 23rd. Wall Street Zen upgraded 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Zacks Research upgraded 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 30th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $3.75.

Insider Transactions at 1-800 FLOWERS.COM

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 489,238 shares of 1-800 FLOWERS.COM stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $4.17, for a total transaction of $2,040,122.46. Following the sale, the insider directly owned 3,607,004 shares in the company, valued at $15,041,206.68. The trade was a 11.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders sold 1,752,433 shares of company stock worth $7,555,619. 52.16% of the stock is owned by insiders.

Institutional Investors Weigh In On 1-800 FLOWERS.COM

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Penserra Capital Management LLC raised its position in 1-800 FLOWERS.COM by 20.6% during the third quarter. Penserra Capital Management LLC now owns 735,871 shares of the specialty retailer’s stock valued at $3,385,000 after buying an additional 125,891 shares during the period. ING Groep NV grew its stake in 1-800 FLOWERS.COM by 33.3% in the third quarter. ING Groep NV now owns 1,000,000 shares of the specialty retailer’s stock valued at $4,600,000 after purchasing an additional 250,000 shares in the last quarter. Atom Investors LP purchased a new position in 1-800 FLOWERS.COM in the fourth quarter valued at about $99,000. Intech Investment Management LLC grew its stake in 1-800 FLOWERS.COM by 32.4% in the fourth quarter. Intech Investment Management LLC now owns 19,022 shares of the specialty retailer’s stock valued at $75,000 after purchasing an additional 4,651 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its stake in 1-800 FLOWERS.COM by 122,338.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 15,917 shares of the specialty retailer’s stock valued at $63,000 after purchasing an additional 15,904 shares in the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

About 1-800 FLOWERS.COM

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.