1-800-Flowers.com Inc. (NASDAQ:FLWS)‘s stock had its “buy” rating reaffirmed by investment analysts at B. Riley in a research note issued on Tuesday. They currently have a $12.50 target price on the stock. B. Riley’s target price points to a potential upside of 11.61% from the stock’s current price.
A number of other research firms also recently weighed in on FLWS. Ladenburg Thalmann initiated coverage on 1-800-Flowers.com in a research note on Wednesday, August 17th. They set an “outperform” rating on the stock. Noble Financial reissued a “buy” rating and set a $12.50 price objective (up from $11.00) on shares of 1-800-Flowers.com in a report on Monday, August 29th. Wunderlich boosted their price objective on 1-800-Flowers.com from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Tuesday, August 23rd. Finally, Zacks Investment Research raised 1-800-Flowers.com from a “sell” rating to a “hold” rating in a report on Thursday, September 1st. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $12.38.
1-800-Flowers.com (NASDAQ:FLWS) traded up 3.23% during mid-day trading on Tuesday, reaching $11.20. The company had a trading volume of 89,064 shares. The company’s 50-day moving average is $9.74 and its 200-day moving average is $9.08. 1-800-Flowers.com has a one year low of $6.11 and a one year high of $11.35. The stock has a market capitalization of $731.15 million, a PE ratio of 29.40 and a beta of 1.67.
In other news, Director Lawrence Calcano sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $10.75, for a total value of $26,875.00. Following the completion of the transaction, the director now directly owns 35,653 shares of the company’s stock, valued at $383,269.75. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider David Taiclet sold 45,274 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $10.71, for a total value of $484,884.54. Following the completion of the transaction, the insider now directly owns 450,329 shares of the company’s stock, valued at $4,823,023.59. The disclosure for this sale can be found here. 53.17% of the stock is owned by insiders.
Several institutional investors have recently added to or reduced their stakes in FLWS. Nine Chapters Capital Management LLC acquired a new position in 1-800-Flowers.com during the third quarter valued at about $126,000. Raymond James & Associates raised its position in shares of 1-800-Flowers.com by 9.2% in the second quarter. Raymond James & Associates now owns 14,300 shares of the company’s stock valued at $129,000 after buying an additional 1,200 shares during the period. Jag Capital Management LLC purchased a new position in shares of 1-800-Flowers.com during the third quarter valued at $133,000. American International Group Inc. raised its position in shares of 1-800-Flowers.com by 2.4% in the second quarter. American International Group Inc. now owns 14,986 shares of the company’s stock valued at $135,000 after buying an additional 347 shares during the period. Finally, Globeflex Capital L P raised its position in shares of 1-800-Flowers.com by 30.2% in the second quarter. Globeflex Capital L P now owns 15,359 shares of the company’s stock valued at $139,000 after buying an additional 3,559 shares during the period. 35.34% of the stock is owned by institutional investors.
1-800-Flowers.com Company Profile