The CEO & President of 1-800 is Exercising Options

By Carrie Williams

Today it was reported that the CEO & President of 1-800 (NASDAQ: FLWS), Christopher Mccann, exercised options to sell 25,000 FLWS shares at $1.79 a share, for a total transaction value of $276.9K.

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Based on 1-800’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $230 million and GAAP net loss of $8.22 million. In comparison, last year the company earned revenue of $157 million and had a GAAP net loss of $13.22 million. FLWS’s market cap is $715.5M and the company has a P/E ratio of 18.45. Currently, 1-800 has an average volume of 77.45K.

The insider sentiment on 1-800 has been negative according to 64 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Christopher Mccann’s trades have generated a 11.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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1-800-FLOWERS.COM, Inc. engages in the provision of gifts for all celebratory occasions. It operates in three segments: Consumer Floral, Gourmet Food and Gift Baskets and BloomNet Wire Service. The Consumer Floral segment comprises the operations of the company’s flagship brand, Celebrations and