Short Interest in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Declines By 7.6%

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 5,690,000 shares, a decline of 7.6% from the January 15th total of 6,160,000 shares. Currently, 21.1% of the company’s shares are sold short. Based on an average daily volume of 514,500 shares, the short-interest ratio is currently 11.1 days.

1-800-FLOWERS.COM Stock Down 3.9 %

Shares of FLWS traded down $0.35 during trading hours on Tuesday, reaching $8.74. 880,767 shares of the stock traded hands, compared to its average volume of 656,483. 1-800-FLOWERS.COM has a 52 week low of $6.56 and a 52 week high of $11.42. The company has a market cap of $555.86 million, a price-to-earnings ratio of -79.45 and a beta of 1.58. The stock has a fifty day simple moving average of $8.02 and a 200 day simple moving average of $8.15. The company has a current ratio of 1.51, a quick ratio of 0.41 and a debt-to-equity ratio of 0.32.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. On average, equities analysts forecast that 1-800-FLOWERS.COM will post -0.07 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. DA Davidson reiterated a “neutral” rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a research report on Thursday, January 30th. StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, February 1st.

Insider Transactions at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc acquired 50,000 shares of the stock in a transaction dated Friday, January 10th. The stock was purchased at an average cost of $7.18 per share, with a total value of $359,000.00. Following the transaction, the insider now owns 4,224,364 shares in the company, valued at approximately $30,330,933.52. The trade was a 1.20 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. In the last 90 days, insiders have bought 1,310,605 shares of company stock worth $10,322,986. Company insiders own 51.00% of the company’s stock.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

A number of hedge funds have recently modified their holdings of FLWS. Jones Financial Companies Lllp raised its stake in shares of 1-800-FLOWERS.COM by 120.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 1,999 shares during the period. KLP Kapitalforvaltning AS bought a new position in 1-800-FLOWERS.COM during the fourth quarter worth about $37,000. nVerses Capital LLC purchased a new position in shares of 1-800-FLOWERS.COM in the third quarter worth about $41,000. Quantbot Technologies LP bought a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter valued at approximately $84,000. Finally, XTX Topco Ltd purchased a new position in 1-800-FLOWERS.COM in the 4th quarter valued at approximately $92,000. Institutional investors own 38.43% of the company’s stock.

1-800-FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.