Sei Investments Co. Cuts Stock Position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Sei Investments Co. cut its holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 23.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 474,468 shares of the specialty retailer's stock after selling 145,765 shares during the quarter. Sei Investments Co. owned about 0.75% of 1-800-FLOWERS.COM worth $3,876,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Paloma Partners Management Co purchased a new position in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at approximately $121,000. Systematic Financial Management LP purchased a new position in shares of 1-800-FLOWERS.COM in the third quarter worth $484,000. State Street Corp lifted its stake in shares of 1-800-FLOWERS.COM by 0.5% during the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer's stock worth $4,755,000 after buying an additional 2,886 shares during the period. Jane Street Group LLC grew its holdings in shares of 1-800-FLOWERS.COM by 66.1% during the third quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer's stock valued at $448,000 after buying an additional 22,460 shares during the last quarter. Finally, Barclays PLC increased its position in shares of 1-800-FLOWERS.COM by 24.3% in the 3rd quarter. Barclays PLC now owns 97,904 shares of the specialty retailer's stock valued at $778,000 after acquiring an additional 19,150 shares during the period. Institutional investors and hedge funds own 38.43% of the company's stock.

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

In other news, major shareholder Fund 1 Investments, Llc acquired 50,000 shares of the firm's stock in a transaction on Friday, January 10th. The stock was acquired at an average price of $7.18 per share, for a total transaction of $359,000.00. Following the completion of the transaction, the insider now owns 4,224,364 shares in the company, valued at approximately $30,330,933.52. The trade was a 1.20 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders purchased 2,184,605 shares of company stock valued at $16,462,691. 51.00% of the stock is owned by company insiders.

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1-800-FLOWERS.COM Stock Performance

Shares of 1-800-FLOWERS.COM stock traded down $0.30 during trading on Monday, hitting $5.30. 1,721,858 shares of the company's stock were exchanged, compared to its average volume of 415,816. 1-800-FLOWERS.COM, Inc. has a 52-week low of $5.00 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 stock has a market capitalization of $337.09 million, a price-to-earnings ratio of -48.18 and a beta of 1.80. The business has a 50-day simple moving average of $7.01 and a 200-day simple moving average of $7.65.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. On average, research analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the company. DA Davidson reiterated a "neutral" rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a report on Saturday, March 22nd.

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.