1-800 FLOWERS.COM (NASDAQ:FLWS) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.88 and traded as high as $3.92. 1-800 FLOWERS.COM shares last traded at $3.85, with a volume of 208,186 shares changing hands.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a research note on Wednesday, June 24th. Noble Financial reiterated an “outperform” rating on shares of 1-800 FLOWERS.COM in a research note on Friday, May 8th. Finally, Wall Street Zen upgraded shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 6th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $3.75.

1-800 FLOWERS.COM Price Performance

The firm has a market cap of $246.78 million, a PE ratio of -1.82 and a beta of 1.36. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 0.61. The company has a 50 day moving average price of $4.08 and a 200 day moving average price of $3.88.

1-800 FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, May 7th. The specialty retailer reported ($0.77) earnings per share for the quarter, missing the consensus estimate 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 net margin of 8.69% and a negative return on equity of 28.81%. On average, sell-side analysts expect that 1-800 FLOWERS.COM, Inc. will post -1.23 EPS for the current year.

Insider Buying and Selling at 1-800 FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc sold 720,000 shares of the firm’s stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $4.19, for a total value of $3,016,800.00. Following the completion of the transaction, the insider owned 4,096,242 shares in the company, valued at $17,163,253.98. This trade represents a 14.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold a total of 1,752,433 shares of company stock valued at $7,555,619 in the last three months. Company insiders own 52.16% of the company’s stock.

Institutional Investors Weigh In On 1-800 FLOWERS.COM

Several institutional investors and hedge funds have recently made changes to their positions in FLWS. Nantahala Capital Management LLC purchased a new stake in 1-800 FLOWERS.COM in the 2nd quarter valued at approximately $9,840,000. Goldman Sachs Group Inc. increased its position in 1-800 FLOWERS.COM by 337.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,209,640 shares of the specialty retailer’s stock worth $4,754,000 after buying an additional 933,063 shares in the last quarter. Newtyn Management LLC increased its position in 1-800 FLOWERS.COM by 56.3% during the third quarter. Newtyn Management LLC now owns 2,516,466 shares of the specialty retailer’s stock worth $11,576,000 after buying an additional 906,911 shares in the last quarter. Cibc World Markets Corp acquired a new position in shares of 1-800 FLOWERS.COM in the fourth quarter worth $1,775,000. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of 1-800 FLOWERS.COM by 72.1% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,021,000 shares of the specialty retailer’s stock worth $4,013,000 after acquiring an additional 427,900 shares during the last quarter. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

1-800 FLOWERS.COM Company Profile

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.