1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Sees Large Decline in Short Interest

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 6,590,000 shares, a decline of 16.6% from the March 15th total of 7,900,000 shares. Approximately 24.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 757,300 shares, the short-interest ratio is presently 8.7 days.

Insider Buying and Selling at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc bought 20,000 shares of the business’s stock in a transaction dated Wednesday, April 16th. The stock was bought at an average price of $5.22 per share, for a total transaction of $104,400.00. Following the completion of the purchase, the insider now owns 8,380,567 shares of the company’s stock, valued at approximately $43,746,559.74. The trade was a 0.24 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have bought a total of 2,079,703 shares of company stock worth $15,366,224 over the last ninety days. Corporate insiders own 51.00% of the company’s stock.

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

Several institutional investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in 1-800-FLOWERS.COM by 13.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 91,101 shares of the specialty retailer’s stock valued at $744,000 after buying an additional 10,584 shares during the period. Wolverine Trading LLC bought a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter valued at $110,000. Two Sigma Advisers LP lifted its stake in shares of 1-800-FLOWERS.COM by 13.0% in the 4th quarter. Two Sigma Advisers LP now owns 13,900 shares of the specialty retailer’s stock valued at $114,000 after purchasing an additional 1,600 shares during the period. Nomura Holdings Inc. boosted its position in shares of 1-800-FLOWERS.COM by 63.6% in the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after purchasing an additional 1,143,027 shares during the last quarter. Finally, Fund 1 Investments LLC grew its stake in shares of 1-800-FLOWERS.COM by 12.4% during the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock worth $34,105,000 after purchasing an additional 461,000 shares during the period. Institutional investors and hedge funds own 38.43% of the company’s stock.

1-800-FLOWERS.COM Stock Down 1.7 %

NASDAQ FLWS opened at $5.23 on Monday. The stock has a market capitalization of $332.51 million, a P/E ratio of -47.19 and a beta of 1.80. 1-800-FLOWERS.COM has a 52 week low of $4.70 and a 52 week high of $11.10. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. The stock has a fifty day moving average of $6.38 and a 200-day moving average of $7.46.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (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%. On average, equities research analysts forecast that 1-800-FLOWERS.COM will post -0.07 EPS for the current year.

Analyst Ratings Changes

FLWS has been the topic of several research reports. DA Davidson reiterated a “neutral” rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research report on Tuesday, April 8th.

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.