1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Shares Sold by Sei Investments Co.

Sei Investments Co. lowered its position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 23.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 474,468 shares of the specialty retailer’s stock after selling 145,765 shares during the quarter. Sei Investments Co. owned 0.75% of 1-800-FLOWERS.COM worth $3,876,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp increased its holdings in 1-800-FLOWERS.COM by 120.1% during the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 1,999 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth approximately $84,000. Inceptionr LLC purchased a new stake in 1-800-FLOWERS.COM in the 4th quarter valued at approximately $101,000. Intech Investment Management LLC purchased a new stake in 1-800-FLOWERS.COM in the 4th quarter valued at approximately $104,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of 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 worth $112,000 after acquiring an additional 1,623 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, March 22nd. DA Davidson reissued a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th.

Insider Transactions at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc bought 61,000 shares of the stock in a transaction dated Monday, January 13th. The stock was acquired at an average price of $7.33 per share, for a total transaction of $447,130.00. Following the completion of the purchase, the insider now owns 4,285,364 shares in the company, valued at $31,411,718.12. This represents a 1.44 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have bought a total of 2,184,605 shares of company stock worth $16,462,691 in the last three months. 51.00% of the stock is currently owned by company insiders.

1-800-FLOWERS.COM Stock Performance

NASDAQ FLWS opened at $6.21 on Thursday. The business’s 50-day moving average price is $7.22 and its 200 day moving average price is $7.71. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM, Inc. has a twelve month low of $5.43 and a twelve month high of $11.10. The company has a market capitalization of $394.96 million, a PE ratio of -56.45 and a beta of 1.81.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its 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 return on equity of 0.76% and a negative net margin of 0.43%. On average, research analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

About 1-800-FLOWERS.COM

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.