Weiss Ratings restated their sell (d-) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS – Free Report) in a research note published on Tuesday morning,Weiss Ratings reports.
Separately, DA Davidson reaffirmed a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th.
1-800-FLOWERS.COM Stock Down 4.5 %
1-800-FLOWERS.COM (NASDAQ:FLWS – Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share 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%. Equities research analysts forecast that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current year.
Insider Buying and Selling
In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc bought 12,500 shares of 1-800-FLOWERS.COM stock in a transaction on Monday, March 31st. The stock was bought at an average price of $5.94 per share, with a total value of $74,250.00. Following the completion of the acquisition, the insider now owns 8,180,469 shares in the company, valued at $48,591,985.86. The trade was a 0.15 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders bought 2,184,605 shares of company stock valued at $16,462,691 over the last ninety days. Corporate insiders own 51.00% of the company’s stock.
Hedge Funds Weigh In On 1-800-FLOWERS.COM
A number of institutional investors and hedge funds have recently made changes to their positions in FLWS. Nomura Holdings Inc. boosted its holdings in 1-800-FLOWERS.COM by 63.6% during the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after buying an additional 1,143,027 shares in the last quarter. Fund 1 Investments LLC boosted its stake in shares of 1-800-FLOWERS.COM by 12.4% during the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock worth $34,105,000 after acquiring an additional 461,000 shares in the last quarter. First Eagle Investment Management LLC grew its holdings in shares of 1-800-FLOWERS.COM by 117.4% in the 4th quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock worth $2,853,000 after acquiring an additional 188,582 shares during the period. Cannell Capital LLC purchased a new position in 1-800-FLOWERS.COM in the 4th quarter valued at approximately $628,000. Finally, Gamco Investors INC. ET AL raised its holdings in 1-800-FLOWERS.COM by 6.3% during the fourth quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock worth $10,493,000 after purchasing an additional 76,400 shares during the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.
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.
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