Penserra Capital Management LLC Has $2.94 Million Holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Penserra Capital Management LLC cut its holdings in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 18.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 370,961 shares of the specialty retailer’s stock after selling 85,596 shares during the period. Penserra Capital Management LLC owned approximately 0.58% of 1-800-FLOWERS.COM worth $2,941,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of FLWS. Vanguard Group Inc. raised its holdings in shares of 1-800-FLOWERS.COM by 0.6% during the first quarter. Vanguard Group Inc. now owns 1,625,239 shares of the specialty retailer’s stock worth $17,601,000 after acquiring an additional 10,061 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of 1-800-FLOWERS.COM by 6.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock valued at $231,000 after purchasing an additional 1,287 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in shares of 1-800-FLOWERS.COM by 10.7% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 43,061 shares of the specialty retailer’s stock worth $410,000 after buying an additional 4,158 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of 1-800-FLOWERS.COM by 6.3% during the second quarter. Bank of New York Mellon Corp now owns 111,029 shares of the specialty retailer’s stock worth $1,057,000 after buying an additional 6,586 shares in the last quarter. Finally, Bailard Inc. acquired a new stake in 1-800-FLOWERS.COM in the 2nd quarter valued at approximately $256,000. 38.43% of the stock is currently owned by institutional investors.

1-800-FLOWERS.COM Trading Up 5.2 %

Shares of 1-800-FLOWERS.COM stock opened at $8.25 on Tuesday. The stock has a market cap of $529.82 million, a P/E ratio of -58.93, a P/E/G ratio of 3.07 and a beta of 1.61. 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 12-month low of $7.14 and a 12-month high of $11.42. The business’s 50 day moving average is $8.08 and its 200-day moving average is $8.84.

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. The firm had revenue of $193.20 million during the quarter, compared to analysts’ expectations 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 company’s revenue for the quarter was down 28.2% compared to the same quarter last year. During the same quarter last year, the company posted ($0.48) earnings per share. Equities research analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FLWS has been the subject of several research reports. DA Davidson lifted their price objective 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. 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.

Insider Activity at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the stock in a transaction on Monday, November 4th. The stock was sold at an average price of $7.80, for a total transaction of $312,000.00. Following the transaction, the insider now owns 3,674,364 shares in the company, valued at $28,660,039.20. This trade represents a 1.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 51.00% of the stock is owned by company insiders.

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.