76,870 Shares in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Acquired by Cannell Capital LLC

Cannell Capital LLC purchased a new stake in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 76,870 shares of the specialty retailer's stock, valued at approximately $628,000. Cannell Capital LLC owned 0.12% of 1-800-FLOWERS.COM as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in FLWS. Jones Financial Companies Lllp boosted its stake in 1-800-FLOWERS.COM by 120.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer's stock worth $30,000 after purchasing an additional 1,999 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of 1-800-FLOWERS.COM during the fourth quarter worth about $37,000. Quantbot Technologies LP bought a new position in shares of 1-800-FLOWERS.COM during the fourth quarter worth about $84,000. Inceptionr LLC acquired a new stake in 1-800-FLOWERS.COM in the 4th quarter valued at approximately $101,000. Finally, Intech Investment Management LLC bought a new stake in 1-800-FLOWERS.COM in the 4th quarter valued at approximately $104,000. Institutional investors own 38.43% of the company's stock.

1-800-FLOWERS.COM Stock Down 0.9 %

NASDAQ FLWS traded down $0.05 during trading hours on Friday, hitting $5.28. 608,675 shares of the company traded hands, compared to its average volume of 425,526. 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 business's 50-day moving average is $6.66 and its 200-day moving average is $7.54. The stock has a market capitalization of $335.81 million, a price-to-earnings ratio of -48.00 and a beta of 1.80. 1-800-FLOWERS.COM, Inc. has a twelve month low of $4.96 and a twelve month high of $11.10.

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1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last released its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share 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%. Sell-side analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Analysts Set New Price Targets

FLWS has been the topic of a number of recent research reports. DA Davidson reiterated a "neutral" rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report 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.

Insider Activity

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc purchased 61,000 shares of the business's stock in a transaction on Monday, January 13th. The stock was acquired at an average price of $7.33 per share, with a total value of $447,130.00. Following the acquisition, the insider now directly owns 4,285,364 shares of the company's stock, valued at $31,411,718.12. This trade represents a 1.44 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In the last ninety days, insiders have bought 2,167,105 shares of company stock valued at $16,289,466. 51.00% of the stock is owned by company insiders.

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.