Penserra Capital Management LLC Decreases Stock Holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Penserra Capital Management LLC reduced its stake in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 18.7% during the third quarter, according to its most recent filing with the SEC. The fund owned 370,961 shares of the specialty retailer's stock after selling 85,596 shares during the quarter. Penserra Capital Management LLC owned 0.58% of 1-800-FLOWERS.COM worth $2,941,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its position in shares of 1-800-FLOWERS.COM by 5.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer's stock valued at $25,086,000 after buying an additional 129,627 shares during the last quarter. Vanguard Group Inc. raised its position in shares of 1-800-FLOWERS.COM by 0.6% in the first quarter. Vanguard Group Inc. now owns 1,625,239 shares of the specialty retailer's stock valued at $17,601,000 after purchasing an additional 10,061 shares during the period. Sei Investments Co. lifted its stake in shares of 1-800-FLOWERS.COM by 15.7% during the 2nd quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer's stock valued at $6,540,000 after buying an additional 93,041 shares in the last quarter. American Century Companies Inc. grew its stake in 1-800-FLOWERS.COM by 37.7% in the 2nd quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer's stock valued at $5,307,000 after buying an additional 152,536 shares in the last quarter. Finally, Acadian Asset Management LLC raised its holdings in 1-800-FLOWERS.COM by 1,585.9% during the 2nd quarter. Acadian Asset Management LLC now owns 376,131 shares of the specialty retailer's stock valued at $3,576,000 after acquiring an additional 353,821 shares during the period. Institutional investors own 38.43% of the company's stock.

Wall Street Analyst Weigh In

FLWS has been the subject of several recent research reports. StockNews.com cut 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a research report on Saturday, November 9th. DA Davidson boosted their price objective on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a "neutral" rating in a research note on Thursday, October 31st.

Insider Buying and Selling

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the business's stock in a transaction on Monday, November 4th. The shares were sold at an average price of $7.80, for a total transaction of $312,000.00. Following the transaction, the insider now directly owns 3,674,364 shares of the company's stock, valued at approximately $28,660,039.20. The trade was a 1.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 51.00% of the stock is owned by corporate insiders.

1-800-FLOWERS.COM Price Performance

Shares of FLWS traded down $0.01 during trading hours on Tuesday, reaching $8.24. 355,116 shares of the company's stock traded hands, compared to its average volume of 327,252. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40. The firm's 50 day simple moving average is $8.08 and its 200-day simple moving average is $8.84. The stock has a market cap of $529.17 million, a PE ratio of -58.86, a price-to-earnings-growth ratio of 3.07 and a beta of 1.61. 1-800-FLOWERS.COM, Inc. has a 12 month low of $7.14 and a 12 month high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, topping analysts' consensus estimates of ($0.53) by $0.02. The business had revenue of $193.20 million during the quarter, compared to analysts' expectations of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The business's quarterly revenue was down 28.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.48) EPS. Equities analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

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.