Yahoo Finance A number of insiders bought 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) stock last year, which is great news for shareholders
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS), that sends out a positive message to the company's shareholders.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for 1-800-FLOWERS.COM
The Last 12 Months Of Insider Transactions At 1-800-FLOWERS.COM
In the last twelve months, the biggest single purchase by an insider was when President Thomas Hartnett bought US$153k worth of shares at a price of US$6.12 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$8.69. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
While 1-800-FLOWERS.COM insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
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.
Insider Ownership Of 1-800-FLOWERS.COM
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. 1-800-FLOWERS.COM insiders own 48% of the company, currently worth about US$269m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Does This Data Suggest About 1-800-FLOWERS.COM Insiders?
The fact that there have been no 1-800-FLOWERS.COM insider transactions recently certainly doesn't bother us. 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. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing 1-800-FLOWERS.COM. When we did our research, we found 4 warning signs for 1-800-FLOWERS.COM (1 makes us a bit uncomfortable!) that we believe deserve your full attention.
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, but not derivative transactions.
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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.
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