1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc sold 489,238 shares of the firm's stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $4.17, for a total value of $2,040,122.46. Following the transaction, the insider owned 3,607,004 shares in the company, valued at approximately $15,041,206.68. This trade represents a 11.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Fund 1 Investments, Llc also recently made the following trade(s):
- On Tuesday, April 21st, Fund 1 Investments, Llc sold 720,000 shares of 1-800 FLOWERS.COM stock. The shares were sold at an average price of $4.19, for a total value of $3,016,800.00.
- On Monday, April 20th, Fund 1 Investments, Llc sold 543,195 shares of 1-800 FLOWERS.COM stock. The shares were sold at an average price of $4.60, for a total value of $2,498,697.00.
1-800 FLOWERS.COM Price Performance
NASDAQ FLWS opened at $3.94 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.25 and a quick ratio of 0.81. The stock's 50-day moving average is $3.37 and its two-hundred day moving average is $3.79. The firm has a market cap of $252.44 million, a P/E ratio of -1.18 and a beta of 1.24. 1-800 FLOWERS.COM, Inc. has a fifty-two week low of $2.88 and a fifty-two week high of $8.44.
1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.34. The business had revenue of $702.18 million for the quarter, compared to analyst estimates of $700.58 million. 1-800 FLOWERS.COM had a negative return on equity of 23.80% and a negative net margin of 13.41%. On average, analysts anticipate that 1-800 FLOWERS.COM, Inc. will post -1.13 earnings per share for the current fiscal year.
Hedge Funds Weigh In On 1-800 FLOWERS.COM
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP increased its stake in 1-800 FLOWERS.COM by 538,100.0% during the third quarter. Quarry LP now owns 5,382 shares of the specialty retailer's stock valued at $25,000 after acquiring an additional 5,381 shares during the period. State of Wyoming increased its stake in 1-800 FLOWERS.COM by 197.8% during the second quarter. State of Wyoming now owns 9,833 shares of the specialty retailer's stock valued at $48,000 after acquiring an additional 6,531 shares during the period. FNY Investment Advisers LLC increased its stake in 1-800 FLOWERS.COM by 2,832.6% during the fourth quarter. FNY Investment Advisers LLC now owns 10,000 shares of the specialty retailer's stock valued at $39,000 after acquiring an additional 9,659 shares during the period. Jain Global LLC bought a new position in 1-800 FLOWERS.COM during the fourth quarter valued at about $46,000. Finally, Deutsche Bank AG bought a new position in 1-800 FLOWERS.COM during the fourth quarter valued at about $48,000. 38.43% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the company. Wall Street Zen upgraded 1-800 FLOWERS.COM from a "sell" rating to a "hold" rating in a research note on Saturday, February 28th. Noble Financial upgraded 1-800 FLOWERS.COM from a "market perform" rating to an "outperform" rating and set a $3.75 price objective on the stock in a research note on Monday, March 23rd. Finally, Zacks Research upgraded 1-800 FLOWERS.COM from a "strong sell" rating to a "hold" rating in a research note on Tuesday, December 30th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, 1-800 FLOWERS.COM currently has an average rating of "Hold" and an average price target of $3.75.
Check Out Our Latest Report on 1-800 FLOWERS.COM
About 1-800 FLOWERS.COM
(
Get Free Report)
1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.
Further Reading
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