1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Short Interest Update

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 5,170,000 shares, an increase of 10.2% from the November 15th total of 4,690,000 shares. Based on an average daily trading volume, of 330,500 shares, the short-interest ratio is currently 15.6 days. Approximately 19.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

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

1-800-FLOWERS.COM Trading Down 0.4 %

FLWS traded down $0.03 during midday trading on Friday, reaching $7.91. 261,137 shares of the company's stock traded hands, compared to its average volume of 326,858. The stock has a market capitalization of $507.98 million, a price-to-earnings ratio of -56.50, a P/E/G ratio of 3.23 and a beta of 1.60. 1-800-FLOWERS.COM has a 52 week low of $7.14 and a 52 week high of $11.42. The firm has a fifty day moving average of $8.13 and a two-hundred day moving average of $8.69. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41.

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) earnings per share for the quarter, beating the consensus estimate of ($0.53) by $0.02. The business had revenue of $193.20 million for 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 firm's revenue for the quarter was down 28.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.48) earnings per share. On average, equities analysts anticipate that 1-800-FLOWERS.COM will post 0.17 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the stock in a transaction dated Monday, November 4th. The stock was 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 in the company, valued at approximately $28,660,039.20. This represents 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 this link. Company insiders own 51.00% of the company's stock.

Institutional Trading of 1-800-FLOWERS.COM

Institutional investors and hedge funds have recently bought and sold shares of the company. nVerses Capital LLC bought a new stake in 1-800-FLOWERS.COM in the 3rd quarter worth about $41,000. SG Americas Securities LLC purchased a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at about $106,000. Paloma Partners Management Co bought a new stake in shares of 1-800-FLOWERS.COM in the third quarter worth approximately $121,000. Price T Rowe Associates Inc. MD raised its holdings in shares of 1-800-FLOWERS.COM by 6.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer's stock valued at $231,000 after purchasing an additional 1,287 shares during the last quarter. Finally, Federated Hermes Inc. lifted its position in 1-800-FLOWERS.COM by 8.9% during the second quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer's stock valued at $244,000 after purchasing an additional 2,100 shares during the period. 38.43% of the stock is currently owned by institutional investors.

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.