1-800-FLOWERS.COM (NASDAQ:FLWS – Get Free Report)‘s stock had its “sell (d-)” rating reiterated by analysts at Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.
FLWS has been the topic of several other research reports. DA Davidson reiterated a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.
Get Our Latest Report on 1-800-FLOWERS.COM
1-800-FLOWERS.COM Stock Up 1.6 %
1-800-FLOWERS.COM (NASDAQ:FLWS – Get Free Report) last announced its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. Equities research analysts anticipate that 1-800-FLOWERS.COM will post -0.07 EPS for the current year.
Insiders Place Their Bets
In related 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 completion of the purchase, the insider now directly owns 4,224,364 shares in the company, valued at $30,330,933.52. This trade represents a 1.20 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have bought 1,953,605 shares of company stock worth $15,151,661. Corporate insiders own 51.00% of the company’s stock.
Institutional Trading of 1-800-FLOWERS.COM
Institutional investors and hedge funds have recently modified their holdings of the stock. 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 worth $30,000 after purchasing an additional 1,999 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth approximately $37,000. Quantbot Technologies LP purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth approximately $84,000. XTX Topco Ltd purchased a new stake in shares of 1-800-FLOWERS.COM during the fourth quarter valued at approximately $92,000. Finally, Inceptionr LLC purchased a new stake in shares of 1-800-FLOWERS.COM during the fourth quarter valued at approximately $101,000. 38.43% of the stock is owned by hedge funds and other institutional investors.
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.
See Also
- Five stocks we like better than 1-800-FLOWERS.COM
- Best Stocks Under $10.00
- Is Myers Industries Poised for a Breakout?
- What Are Some of the Best Large-Cap Stocks to Buy?
- Is BigBear.ai’s 25% Plunge a False Alarm or Fire Sale?
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Broadcom Confirmed Its AI Outlook: Stock to Hit New Highs Soon
Receive News & Ratings for 1-800-FLOWERS.COM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800-FLOWERS.COM and related companies with MarketBeat.com's FREE daily email newsletter.