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

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 4,690,000 shares, a growth of 12.5% from the October 31st total of 4,170,000 shares. Approximately 17.2% of the company’s stock are short sold. Based on an average daily volume of 355,900 shares, the short-interest ratio is presently 13.2 days.

1-800-FLOWERS.COM Price Performance

Shares of FLWS stock traded down $0.22 during trading on Tuesday, hitting $7.93. The company had a trading volume of 356,884 shares, compared to its average volume of 328,185. 1-800-FLOWERS.COM has a 52 week low of $7.14 and a 52 week high of $11.42. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. The stock’s 50-day moving average is $8.10 and its two-hundred day moving average is $8.79.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data 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. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The firm had revenue of $193.20 million for the quarter, compared to analysts’ expectations of $246.88 million. During the same quarter last year, the company posted ($0.48) EPS. The business’s quarterly revenue was down 28.2% on a year-over-year basis. Research analysts predict that 1-800-FLOWERS.COM will post 0.17 EPS for the current fiscal year.

Insider Buying and Selling at 1-800-FLOWERS.COM

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

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Several hedge funds have recently added to or reduced their stakes in the company. nVerses Capital LLC purchased a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at about $41,000. SG Americas Securities LLC bought a new stake in shares of 1-800-FLOWERS.COM in the 3rd quarter worth approximately $106,000. Paloma Partners Management Co purchased a new position in 1-800-FLOWERS.COM during the 3rd quarter valued at $121,000. Price T Rowe Associates Inc. MD increased its position in shares of 1-800-FLOWERS.COM by 6.4% during 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 buying an additional 1,287 shares during the period. Finally, Federated Hermes Inc. grew its holdings in shares of 1-800-FLOWERS.COM by 8.9% during the 2nd quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock worth $244,000 after acquiring an additional 2,100 shares during the period. Institutional investors own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FLWS. DA Davidson boosted 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 research note on Thursday, October 31st. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th.

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.