Fund 1 Investments, Llc Sells 40,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc sold 40,000 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $7.80, for a total value of $312,000.00. Following the sale, the insider now directly owns 3,674,364 shares in the company, valued at approximately $28,660,039.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

1-800-FLOWERS.COM Trading Down 1.0 %

FLWS stock traded down $0.08 during midday trading on Monday, reaching $8.18. The company’s stock had a trading volume of 494,453 shares, compared to its average volume of 313,958. The firm has a market capitalization of $525.32 million, a price-to-earnings ratio of -59.00, a PEG ratio of 3.17 and a beta of 1.61. 1-800-FLOWERS.COM, Inc. has a 1 year low of $7.14 and a 1 year high of $11.42. The stock has a fifty day simple moving average of $7.97 and a two-hundred day simple moving average of $8.94. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.92 and a current ratio of 1.69.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, beating the consensus estimate of ($0.53) by $0.02. The business had revenue of $193.20 million during the quarter, compared to analyst estimates of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.04%. The company’s quarterly revenue was down 28.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.48) EPS. On average, equities research analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

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

A number of institutional investors have recently added to or reduced their stakes in the stock. nVerses Capital LLC acquired a new position in 1-800-FLOWERS.COM in the third quarter valued at approximately $41,000. SG Americas Securities LLC purchased a new stake in 1-800-FLOWERS.COM in the third quarter valued at approximately $106,000. Allspring Global Investments Holdings LLC raised its holdings in 1-800-FLOWERS.COM by 96.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 10,532 shares of the specialty retailer’s stock valued at $114,000 after buying an additional 5,173 shares during the period. EntryPoint Capital LLC purchased a new stake in shares of 1-800-FLOWERS.COM during the first quarter valued at approximately $167,000. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of 1-800-FLOWERS.COM by 6.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock worth $231,000 after buying an additional 1,287 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on FLWS shares. StockNews.com raised 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating in a report on Friday. DA Davidson lifted their price target on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Thursday.

About 1-800-FLOWERS.COM

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.