1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Short Interest Update

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 5,690,000 shares, a drop of 7.6% from the January 15th total of 6,160,000 shares. Approximately 21.1% of the shares of the stock are sold short. Based on an average trading volume of 514,500 shares, the short-interest ratio is currently 11.1 days.

1-800-FLOWERS.COM Stock Up 6.4 %

1-800-FLOWERS.COM stock traded up $0.55 during trading hours on Monday, hitting $9.09. The company had a trading volume of 833,031 shares, compared to its average volume of 657,557. The firm’s fifty day moving average is $8.01 and its 200-day moving average is $8.15. The firm has a market capitalization of $578.12 million, a P/E ratio of -82.64 and a beta of 1.58. 1-800-FLOWERS.COM has a fifty-two week low of $6.56 and a fifty-two week high of $11.42. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 0.41.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing analysts’ consensus estimates 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 forecast that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current year.

Insider Activity

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc acquired 61,000 shares of the firm’s stock in a transaction dated Monday, January 13th. The shares were acquired at an average price of $7.33 per share, for a total transaction of $447,130.00. Following the completion of the acquisition, the insider now directly owns 4,285,364 shares of the company’s stock, valued at $31,411,718.12. This trade represents a 1.44 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last three months, insiders purchased 1,309,605 shares of company stock worth $10,314,326. Company insiders own 51.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FLWS. Jones Financial Companies Lllp grew its stake in 1-800-FLOWERS.COM by 120.1% in the fourth 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 during the period. KLP Kapitalforvaltning AS bought a new position in shares of 1-800-FLOWERS.COM in the 4th quarter valued at about $37,000. nVerses Capital LLC bought a new position in shares of 1-800-FLOWERS.COM in the third quarter valued at $41,000. Quantbot Technologies LP bought a new stake in shares of 1-800-FLOWERS.COM in the 4th quarter valued at about $84,000. Finally, XTX Topco Ltd bought a new position in 1-800-FLOWERS.COM during the fourth quarter worth about $92,000. 38.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

FLWS has been the topic of several analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, February 1st. StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, DA Davidson reissued a “neutral” rating and set a $7.50 target price 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.