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Positive Signs As Multiple Insiders Buy 1-800-FLOWERS.COM Stock

It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in 1-800-FLOWERS.COM, Inc.'s (NASDAQ:FLWS) case, it's fantastic news for shareholders.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for 1-800-FLOWERS.COM

1-800-FLOWERS.COM Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Senior VP William Shea for US$190k worth of shares, at about US$6.34 per share. Even though the purchase was made at a significantly lower price than the recent price (US$9.97), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

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Happily, we note that in the last year insiders paid US$342k for 55.00k shares. But insiders sold 3.00k shares worth US$28k. In the last twelve months there was more buying than selling by 1-800-FLOWERS.COM insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
insider-trading-volume

1-800-FLOWERS.COM is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insiders At 1-800-FLOWERS.COM Have Sold Stock Recently

We have seen a bit of insider selling at 1-800-FLOWERS.COM, over the last three months. Senior VP & Chief Information Officer Arnold Leap only netted US$28k selling shares, in that period. It's not great to see insider selling, nor the lack of recent buyers. But the volume sold is so low that it really doesn't bother us.

Insider Ownership Of 1-800-FLOWERS.COM

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that 1-800-FLOWERS.COM insiders own 50% of the company, worth about US$317m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At 1-800-FLOWERS.COM Tell Us?

We did not see any insider buying in the last three months, but we did see selling. However, the sales are not big enough to concern us at all. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like 1-800-FLOWERS.COM insiders think the business has merit. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for 1-800-FLOWERS.COM.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.