Geode Capital Management LLC Has $4.92 Million Stock Holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Geode Capital Management LLC decreased its stake in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 2.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 620,660 shares of the specialty retailer’s stock after selling 13,216 shares during the period. Geode Capital Management LLC owned 0.97% of 1-800-FLOWERS.COM worth $4,923,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in FLWS. Acadian Asset Management LLC lifted its position in shares of 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 worth $3,576,000 after purchasing an additional 353,821 shares in the last quarter. American Century Companies Inc. lifted its holdings in 1-800-FLOWERS.COM by 37.7% during the 2nd quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock worth $5,307,000 after buying an additional 152,536 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in 1-800-FLOWERS.COM by 5.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after buying an additional 129,627 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at $947,000. Finally, Empowered Funds LLC raised its position in shares of 1-800-FLOWERS.COM by 50.3% during the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after acquiring an additional 114,072 shares during the last quarter. Institutional investors own 38.43% of the company’s stock.

Insider Transactions at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $7.80, for a total transaction of $312,000.00. Following the sale, the insider now owns 3,674,364 shares of the company’s stock, valued at $28,660,039.20. This trade represents a 1.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 51.00% of the company’s stock.

1-800-FLOWERS.COM Trading Up 0.5 %

NASDAQ FLWS opened at $7.85 on Friday. 1-800-FLOWERS.COM, Inc. has a 12 month low of $7.07 and a 12 month high of $11.42. The stock has a 50-day simple moving average of $8.01 and a 200 day simple moving average of $8.49. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $504.13 million, a PE ratio of -56.07, a P/E/G ratio of 3.23 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.02. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The company had revenue of $193.20 million during the quarter, compared to analysts’ expectations of $246.88 million. During the same period in the prior year, the business posted ($0.48) EPS. 1-800-FLOWERS.COM’s revenue was down 28.2% on a year-over-year basis. Research analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

Wall Street Analysts Forecast Growth

FLWS has been the topic of several recent research reports. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. DA Davidson lifted their price target on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research report on Thursday, October 31st.

1-800-FLOWERS.COM 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.