1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Shares Purchased by Jane Street Group LLC

Jane Street Group LLC grew its position in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 66.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 56,440 shares of the specialty retailer’s stock after purchasing an additional 22,460 shares during the quarter. Jane Street Group LLC’s holdings in 1-800-FLOWERS.COM were worth $448,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of FLWS. Dimensional Fund Advisors LP boosted its holdings in shares of 1-800-FLOWERS.COM by 5.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock worth $25,086,000 after purchasing an additional 129,627 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of 1-800-FLOWERS.COM by 15.7% during the 2nd quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock worth $6,540,000 after acquiring an additional 93,041 shares during the period. State Street Corp boosted its position in shares of 1-800-FLOWERS.COM by 0.5% in the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after acquiring an additional 2,886 shares during the last quarter. American Century Companies Inc. grew its holdings in 1-800-FLOWERS.COM by 37.7% in the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock valued at $5,307,000 after purchasing an additional 152,536 shares during the period. Finally, Acadian Asset Management LLC grew its position in 1-800-FLOWERS.COM by 1,585.9% during the second quarter. Acadian Asset Management LLC now owns 376,131 shares of the specialty retailer’s stock valued at $3,576,000 after acquiring an additional 353,821 shares during the period. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at 1-800-FLOWERS.COM

In other news, 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 stock was sold at an average price of $7.80, for a total value of $312,000.00. Following the completion of the transaction, the insider now owns 3,674,364 shares in the company, valued at approximately $28,660,039.20. This trade represents a 1.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 51.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on FLWS shares. StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. DA Davidson upped their price objective on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Thursday, October 31st.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS opened at $8.17 on Tuesday. The firm has a market cap of $524.68 million, a price-to-earnings ratio of -58.36, a PEG ratio of 3.10 and a beta of 1.60. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. The business’s 50 day moving average is $8.01 and its two-hundred day moving average is $8.48. 1-800-FLOWERS.COM, Inc. has a 52-week low of $7.07 and a 52-week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, topping the consensus estimate of ($0.53) by $0.02. The company 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 2.10%. The firm’s revenue for the quarter was down 28.2% compared to the same quarter last year. During the same period last year, the business earned ($0.48) EPS. Analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

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.