Intech Investment Management LLC Purchases New Position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Intech Investment Management LLC acquired a new stake in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 12,722 shares of the specialty retailer’s stock, valued at approximately $104,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp raised its holdings in shares of 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 purchasing an additional 1,999 shares in the last quarter. Inceptionr LLC acquired a new position in 1-800-FLOWERS.COM during the fourth quarter worth $101,000. JPMorgan Chase & Co. raised its holdings in 1-800-FLOWERS.COM by 13.0% during the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after buying an additional 1,623 shares in the last quarter. Paloma Partners Management Co acquired a new stake in shares of 1-800-FLOWERS.COM in the third quarter worth about $121,000. Finally, Raymond James Financial Inc. bought a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter worth about $155,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc purchased 73,100 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were purchased at an average cost of $8.68 per share, for a total transaction of $634,508.00. Following the completion of the purchase, the insider now directly owns 4,741,765 shares of the company’s stock, valued at approximately $41,158,520.20. The trade was a 1.57 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders purchased a total of 2,165,105 shares of company stock worth $16,346,791 in the last ninety days. 51.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

FLWS has been the subject of several analyst reports. DA Davidson restated a “neutral” rating and issued a $7.50 target price on shares of 1-800-FLOWERS.COM in a report on Friday, March 14th. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, March 22nd.

1-800-FLOWERS.COM Trading Down 0.3 %

1-800-FLOWERS.COM stock opened at $5.96 on Friday. 1-800-FLOWERS.COM, Inc. has a 52 week low of $5.43 and a 52 week high of $11.10. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. The firm has a market capitalization of $379.06 million, a PE ratio of -54.18 and a beta of 1.81. The business’s 50-day simple moving average is $7.40 and its 200-day simple moving average is $7.75.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 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%. Equities research analysts forecast 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.