Penserra Capital Management LLC Increases Position in 1-800 FLOWERS.COM, Inc. $FLWS

Penserra Capital Management LLC lifted its position in shares of 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) by 28.9% during the second quarter, Holdings Channel reports. The institutional investor owned 609,980 shares of the specialty retailer’s stock after purchasing an additional 136,578 shares during the period. Penserra Capital Management LLC’s holdings in 1-800 FLOWERS.COM were worth $3,001,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Gamco Investors INC. ET AL increased its stake in 1-800 FLOWERS.COM by 0.7% in the 1st quarter. Gamco Investors INC. ET AL now owns 1,292,700 shares of the specialty retailer’s stock worth $7,627,000 after buying an additional 8,400 shares in the last quarter. ING Groep NV bought a new position in shares of 1-800 FLOWERS.COM in the first quarter worth about $4,425,000. Bridgeway Capital Management LLC grew its position in shares of 1-800 FLOWERS.COM by 2.5% during the first quarter. Bridgeway Capital Management LLC now owns 614,665 shares of the specialty retailer’s stock worth $3,627,000 after purchasing an additional 15,277 shares in the last quarter. Empowered Funds LLC raised its stake in 1-800 FLOWERS.COM by 4.3% during the 1st quarter. Empowered Funds LLC now owns 373,265 shares of the specialty retailer’s stock valued at $2,202,000 after purchasing an additional 15,277 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in 1-800 FLOWERS.COM by 3.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 332,273 shares of the specialty retailer’s stock valued at $1,960,000 after purchasing an additional 10,732 shares during the period. Institutional investors own 38.43% of the company’s stock.

Insider Transactions at 1-800 FLOWERS.COM

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 4,167,813 shares of the stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $5.94, for a total transaction of $24,756,809.22. Following the completion of the transaction, the insider owned 5,359,437 shares in the company, valued at $31,835,055.78. This trade represents a 43.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 52.16% of the stock is currently owned by insiders.

1-800 FLOWERS.COM Stock Performance

NASDAQ FLWS opened at $3.49 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.28 and a quick ratio of 0.48. 1-800 FLOWERS.COM, Inc. has a 1-year low of $3.08 and a 1-year high of $9.17. The business has a 50 day simple moving average of $4.62 and a two-hundred day simple moving average of $5.10. The stock has a market capitalization of $222.03 million, a PE ratio of -1.11 and a beta of 1.24.

1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, October 30th. The specialty retailer reported ($0.83) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.59) by ($0.24). The firm had revenue of $215.20 million for the quarter, compared to analysts’ expectations of $218.32 million. 1-800 FLOWERS.COM had a negative return on equity of 13.87% and a negative net margin of 11.86%. On average, research analysts predict that 1-800 FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on FLWS. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a report on Wednesday, October 8th. Zacks Research lowered shares of 1-800 FLOWERS.COM from a “hold” rating to a “strong sell” rating in a research report on Monday, October 20th. Two equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $7.50.

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.