1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Shares Acquired by Arkadios Wealth Advisors

Arkadios Wealth Advisors raised its stake in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 35,215 shares of the specialty retailer’s stock after purchasing an additional 4,015 shares during the period. Arkadios Wealth Advisors owned 0.05% of 1-800-FLOWERS.COM worth $288,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in FLWS. JPMorgan Chase & Co. increased its holdings in shares of 1-800-FLOWERS.COM by 13.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after buying an additional 1,623 shares during the last quarter. Barclays PLC increased its stake in 1-800-FLOWERS.COM by 24.3% during the third quarter. Barclays PLC now owns 97,904 shares of the specialty retailer’s stock worth $778,000 after acquiring an additional 19,150 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of 1-800-FLOWERS.COM by 66.1% in the 3rd quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock worth $448,000 after purchasing an additional 22,460 shares during the period. State Street Corp lifted its stake in shares of 1-800-FLOWERS.COM by 0.5% in 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 in the last quarter. Finally, Systematic Financial Management LP purchased a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter worth about $484,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

Wall Street Analyst Weigh In

FLWS has been the topic of a number of recent research reports. StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. DA Davidson lifted their target price on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, January 18th.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the company’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $7.80, for a total value of $312,000.00. Following the sale, the insider now directly owns 3,674,364 shares of the company’s stock, valued at $28,660,039.20. This represents a 1.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders acquired 334,301 shares of company stock worth $2,597,102 over the last ninety days. Corporate insiders own 51.00% of the company’s stock.

1-800-FLOWERS.COM Stock Up 5.4 %

NASDAQ FLWS opened at $8.85 on Friday. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $11.42. The business has a 50 day moving average price of $7.85 and a two-hundred day moving average price of $8.35. The stock has a market cap of $568.35 million, a PE ratio of -63.21, a P/E/G ratio of 3.29 and a beta of 1.58.

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

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.