Royce & Associates LP Sells 76,774 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Royce & Associates LP trimmed its position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 88.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,072 shares of the specialty retailer's stock after selling 76,774 shares during the period. Royce & Associates LP's holdings in 1-800-FLOWERS.COM were worth $82,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FLWS. Jones Financial Companies Lllp grew its position in shares of 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 valued at $30,000 after buying an additional 1,999 shares during the last quarter. Inceptionr LLC acquired a new stake in 1-800-FLOWERS.COM in the fourth quarter worth about $101,000. JPMorgan Chase & Co. boosted its holdings in shares of 1-800-FLOWERS.COM by 13.0% in the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer's stock valued at $112,000 after acquiring an additional 1,623 shares in the last quarter. Paloma Partners Management Co bought a new position in 1-800-FLOWERS.COM during the 3rd quarter valued at $121,000. Finally, Raymond James Financial Inc. acquired a new position in 1-800-FLOWERS.COM during the fourth quarter worth about $155,000. Institutional investors and hedge funds own 38.43% of the company's stock.

1-800-FLOWERS.COM Trading Up 0.8 %

Shares of 1-800-FLOWERS.COM stock traded up $0.05 during trading on Wednesday, hitting $5.98. The stock had a trading volume of 595,647 shares, compared to its average volume of 390,723. 1-800-FLOWERS.COM, Inc. has a 1 year low of $5.43 and a 1 year high of $11.22. The stock has a 50 day simple moving average of $7.48 and a 200 day simple moving average of $7.77. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $380.33 million, a PE ratio of -54.36 and a beta of 1.81.

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1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its quarterly 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%. On average, research analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Insider Transactions at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc purchased 61,000 shares of the company's stock in a transaction dated Monday, January 13th. The shares were acquired at an average cost of $7.33 per share, with a total value of $447,130.00. Following the completion of the purchase, the insider now owns 4,285,364 shares of the company's stock, valued at $31,411,718.12. The trade was a 1.44 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders purchased 2,165,105 shares of company stock valued at $16,346,791 over the last three months. 51.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

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.