Rhumbline Advisers Sells 1,985 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Rhumbline Advisers reduced its holdings in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,886 shares of the specialty retailer’s stock after selling 1,985 shares during the quarter. Rhumbline Advisers owned 0.07% of 1-800-FLOWERS.COM worth $342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in 1-800-FLOWERS.COM by 13.0% in the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after acquiring an additional 1,623 shares during the period. State Street Corp increased its position in shares of 1-800-FLOWERS.COM by 0.5% during the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after purchasing an additional 2,886 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in shares of 1-800-FLOWERS.COM by 12.9% in the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock worth $288,000 after purchasing an additional 4,015 shares during the period. Paloma Partners Management Co purchased a new position in shares of 1-800-FLOWERS.COM in the third quarter worth approximately $121,000. Finally, Empowered Funds LLC grew its position in 1-800-FLOWERS.COM by 5.1% during the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock valued at $2,925,000 after buying an additional 17,351 shares during the period. 38.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc purchased 15,500 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was acquired at an average cost of $6.43 per share, for a total transaction of $99,665.00. Following the purchase, the insider now directly owns 7,658,469 shares of the company’s stock, valued at $49,243,955.67. This trade represents a 0.20 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders bought 1,953,605 shares of company stock valued at $15,151,661. Company insiders own 51.00% of the company’s stock.

1-800-FLOWERS.COM Stock Up 1.6 %

FLWS stock opened at $6.55 on Monday. The business’s 50-day moving average price is $7.90 and its 200-day moving average price is $7.97. The stock has a market cap of $416.59 million, a P/E ratio of -59.55 and a beta of 1.81. 1-800-FLOWERS.COM, Inc. has a twelve month low of $6.13 and a twelve month high of $11.42. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share 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, Inc. will post -0.07 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on FLWS shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research report on Friday. DA Davidson restated a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th.

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.