Short Interest in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Drops By 16.6%

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 6,590,000 shares, a decrease of 16.6% from the March 15th total of 7,900,000 shares. Based on an average trading volume of 757,300 shares, the short-interest ratio is currently 8.7 days. Currently, 24.5% of the company's stock are short sold.

1-800-FLOWERS.COM Stock Performance

Shares of NASDAQ FLWS traded down $0.16 during trading hours on Wednesday, reaching $5.22. The stock had a trading volume of 425,235 shares, compared to its average volume of 432,306. 1-800-FLOWERS.COM has a twelve month low of $4.96 and a twelve month high of $11.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The business's fifty day moving average is $6.18 and its two-hundred day moving average is $7.41. The company has a market cap of $332.00 million, a price-to-earnings ratio of -47.45 and a beta of 1.80.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last posted its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing analysts' consensus estimates 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%. As a group, research analysts expect that 1-800-FLOWERS.COM will post -0.07 EPS for the current year.

Insider Activity

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc bought 396,004 shares of the firm's stock in a transaction that occurred on Thursday, January 30th. The stock was purchased at an average price of $7.73 per share, for a total transaction of $3,061,110.92. Following the purchase, the insider now directly owns 5,154,769 shares in the company, valued at $39,846,364.37. This trade represents a 8.32 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders have purchased 2,025,402 shares of company stock valued at $14,806,331. Insiders own 51.00% of the company's stock.

Institutional Trading of 1-800-FLOWERS.COM

A number of large investors have recently bought and sold shares of the stock. Fund 1 Investments LLC grew its holdings in shares of 1-800-FLOWERS.COM by 12.4% in the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer's stock worth $34,105,000 after purchasing an additional 461,000 shares during the last quarter. Nomura Holdings Inc. increased its holdings in shares of 1-800-FLOWERS.COM by 63.6% during the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer's stock worth $24,033,000 after buying an additional 1,143,027 shares in the last quarter. Gamco Investors INC. ET AL raised its stake in shares of 1-800-FLOWERS.COM by 6.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer's stock valued at $10,493,000 after acquiring an additional 76,400 shares during the last quarter. State Street Corp boosted its holdings in shares of 1-800-FLOWERS.COM by 0.5% in the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer's stock worth $4,755,000 after acquiring an additional 2,886 shares in the last quarter. Finally, Empowered Funds LLC lifted its position in 1-800-FLOWERS.COM by 5.1% during the 4th quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer's stock worth $2,925,000 after buying an additional 17,351 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. DA Davidson reiterated a "neutral" rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th. Weiss Ratings reiterated a "sell (d-)" rating on shares of 1-800-FLOWERS.COM in a research note on Tuesday, April 8th.

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.