The CEO & President of 1-800 (NASDAQ: FLWS) is Buying Shares

By Carrie Williams

Today, the CEO & President of 1-800 (NASDAQ: FLWS), Christopher Mccann, bought shares of FLWS for $26.85K.

Following Christopher Mccann’s last FLWS Buy transaction on March 31, 2016, the stock climbed by 5.1%. In addition to Christopher Mccann, 3 other FLWS executives reported Buy trades in the last month.

The company has a one-year high of $13.10 and a one-year low of $7.80. FLWS’s market cap is $839.4M and the company has a P/E ratio of 16.05. Currently, 1-800 has an average volume of 138.9K.

Starting in April 2016, FLWS received 26 Buy ratings in a row. Five different firms, including B.Riley FBR and D.A. Davidson, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $770.2K worth of FLWS shares and purchased $26.85K worth of FLWS shares. The insider sentiment on 1-800 has been negative according to 52 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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1-800-FLOWERS.COM, Inc. operates as a florist and gift shop. The company operates in three segments: Consumer Floral, Gourmet Food and Gift Baskets and BloomNet Wire Service. The Consumer Floral segment includes the operations of the company’s flagship brand, Celebrations and