1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Sees Large Decrease in Short Interest

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 5,690,000 shares, a decline of 7.6% from the January 15th total of 6,160,000 shares. Approximately 21.1% of the company's stock are short sold. Based on an average trading volume of 514,500 shares, the days-to-cover ratio is currently 11.1 days.

1-800-FLOWERS.COM Stock Performance

NASDAQ FLWS traded down $0.34 during trading hours on Thursday, reaching $8.21. The stock had a trading volume of 1,009,056 shares, compared to its average volume of 655,178. The stock has a fifty day moving average of $8.03 and a 200 day moving average of $8.15. The stock has a market cap of $522.16 million, a P/E ratio of -74.64 and a beta of 1.58. 1-800-FLOWERS.COM has a 52-week low of $6.56 and a 52-week high of $11.42. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on FLWS shares. DA Davidson restated a "neutral" rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th. Weiss Ratings restated a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a research note on Wednesday. Finally, StockNews.com lowered 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a research note on Saturday, November 9th.

Insider Activity at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc acquired 396,004 shares of the firm's stock in a transaction that occurred on Thursday, January 30th. The stock was purchased at an average cost of $7.73 per share, for a total transaction of $3,061,110.92. Following the completion of the acquisition, the insider now directly owns 5,154,769 shares of the company's stock, valued at $39,846,364.37. The trade was a 8.32 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders bought 1,310,605 shares of company stock worth $10,322,986 over the last three months. 51.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Large investors have recently bought and sold shares of the company. Nomura Holdings Inc. boosted its position in 1-800-FLOWERS.COM by 63.6% in the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer's stock worth $24,033,000 after purchasing an additional 1,143,027 shares in the last quarter. Fund 1 Investments LLC boosted its position in 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 in the last quarter. First Eagle Investment Management LLC boosted its position in 1-800-FLOWERS.COM by 117.4% in the 4th quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer's stock worth $2,853,000 after purchasing an additional 188,582 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in 1-800-FLOWERS.COM in the 3rd quarter worth approximately $947,000. Finally, Empowered Funds LLC boosted its position in 1-800-FLOWERS.COM by 50.3% in the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer's stock worth $2,701,000 after purchasing an additional 114,072 shares in the last quarter. Hedge funds and other institutional investors own 38.43% of the company's stock.

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.