Charles Schwab Investment Management Inc. Sells 99,999 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Charles Schwab Investment Management Inc. decreased its position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 23.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 321,541 shares of the specialty retailer's stock after selling 99,999 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.50% of 1-800-FLOWERS.COM worth $2,627,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Jones Financial Companies Lllp increased its stake in 1-800-FLOWERS.COM by 120.1% during 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 in the last quarter. Empowered Funds LLC boosted its holdings in shares of 1-800-FLOWERS.COM by 5.1% in the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer's stock valued at $2,925,000 after buying an additional 17,351 shares during the period. Arkadios Wealth Advisors increased its position in shares of 1-800-FLOWERS.COM by 12.9% during the fourth quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer's stock worth $288,000 after acquiring an additional 4,015 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of 1-800-FLOWERS.COM by 13.0% during the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer's stock worth $112,000 after acquiring an additional 1,623 shares during the period. Finally, Barclays PLC lifted its position in 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 in the last quarter. Institutional investors own 38.43% of the company's stock.

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Wall Street Analyst Weigh In

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

1-800-FLOWERS.COM Stock Up 0.9 %

FLWS stock traded up $0.05 during midday trading on Monday, hitting $5.90. The company's stock had a trading volume of 378,291 shares, compared to its average volume of 402,430. The company's fifty day moving average price is $7.31 and its 200 day moving average price is $7.73. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. 1-800-FLOWERS.COM, Inc. has a twelve month low of $5.43 and a twelve month high of $11.10. The stock has a market capitalization of $375.25 million, a P/E ratio of -53.64 and a beta of 1.81.

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 (EPS) 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, equities research analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Insider Activity

In other news, major shareholder Fund 1 Investments, Llc bought 396,004 shares of the company's stock in a transaction dated Thursday, January 30th. The shares were bought at an average cost of $7.73 per share, with a total value of $3,061,110.92. Following the acquisition, the insider now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders purchased 2,172,105 shares of company stock valued at $16,388,441. 51.00% of the stock is owned by insiders.

1-800-FLOWERS.COM Company 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.