1-800 FLOWERS.COM (NASDAQ:FLWS) Shares Pass Above 200 Day Moving Average – Time to Sell?

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.89 and traded as high as $4.43. 1-800 FLOWERS.COM shares last traded at $4.27, with a volume of 222,716 shares.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on FLWS shares. Wall Street Zen upgraded 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. Noble Financial restated an “outperform” rating on shares of 1-800 FLOWERS.COM in a report on Friday, May 8th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $3.75.

1-800 FLOWERS.COM Price Performance

The company has a market cap of $273.71 million, a PE ratio of -2.02 and a beta of 1.33. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.49 and a current ratio of 1.14. The stock has a 50 day moving average of $4.03 and a 200-day moving average of $3.89.

1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Thursday, May 7th. The specialty retailer reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.75) by ($0.02). The firm had revenue of $293.01 million during the quarter, compared to analysts’ expectations of $292.42 million. 1-800 FLOWERS.COM had a negative return on equity of 28.81% and a negative net margin of 8.69%. Equities analysts predict that 1-800 FLOWERS.COM, Inc. will post -1.23 earnings per share for the current year.

Insiders Place Their Bets

In other news, major shareholder Fund 1 Investments, Llc sold 489,238 shares of the firm’s stock in a transaction dated 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. This trade represents a 11.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 1,752,433 shares of company stock worth $7,555,619. 52.16% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On 1-800 FLOWERS.COM

Several institutional investors have recently bought and sold shares of the company. Jump Financial LLC boosted its holdings in 1-800 FLOWERS.COM by 10.6% in the 4th quarter. Jump Financial LLC now owns 34,849 shares of the specialty retailer’s stock worth $137,000 after buying an additional 3,347 shares during the last quarter. Intech Investment Management LLC boosted its holdings in 1-800 FLOWERS.COM by 32.4% in the 4th quarter. Intech Investment Management LLC now owns 19,022 shares of the specialty retailer’s stock worth $75,000 after buying an additional 4,651 shares during the last quarter. Quarry LP boosted its holdings in 1-800 FLOWERS.COM by 538,100.0% in the 3rd quarter. Quarry LP now owns 5,382 shares of the specialty retailer’s stock worth $25,000 after buying an additional 5,381 shares during the last quarter. Barclays PLC boosted its holdings in 1-800 FLOWERS.COM by 17.8% in the 4th quarter. Barclays PLC now owns 36,342 shares of the specialty retailer’s stock worth $143,000 after buying an additional 5,500 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in 1-800 FLOWERS.COM by 7.0% in the 1st quarter. Bank of New York Mellon Corp now owns 84,968 shares of the specialty retailer’s stock worth $258,000 after buying an additional 5,568 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, 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.