The President of 1-800 Flowers.Com (NASDAQ: FLWS) is Selling Shares

By George MacDonald

Today, the President of 1-800 Flowers.Com (NASDAQ: FLWS), Christopher Mccann, sold shares of FLWS for $2.66M.

In addition to Christopher Mccann, one other FLWS executive reported Sell trades in the last month.

Based on 1-800 Flowers.Com`s latest earnings report from December 31, the company posted quarterly revenue of $548.4M and quarterly net profit of $61.54M. In comparison, last year the company earned revenue of $232.2M and had a GAAP net loss of $10.5M. The company has a one year high of $13.19 and a one year low of $6.11. FLWS’s market cap is $494.3M and the company has a P/E ratio of 14.42%.

Looking at blogger coverage of FLWS, there is a 75% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Service sector.

In the last 30 days, insiders have sold $2.66M worth of FLWS shares and purchased $1.16M worth of FLWS shares. Over the last 3 months, the insider sentiment on 1-800 Flowers.Com has been negative based on 33 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

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 1-800-Flowers.com, Celebrations and FineStationery.com. The Gourmet Food and Gift Baskets segment includes the operations of Fannie May Confections Brands, Cheryl’s, The Popcorn Factory, Stockyards.com, DesignPac and 1-800-Baskets. The BloomNet Wire Service segment includes the operations of BloomNet, BloomNet Technologies, BloomNet Products and Napco. Its products include fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candy and wine. The company was founded by James F. McCann in 1976 and is headquartered in Carle Place, NY.