Walleye Capital LLC Takes $419,000 Position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Walleye Capital LLC bought a new stake in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 51,252 shares of the specialty retailer's stock, valued at approximately $419,000. Walleye Capital LLC owned about 0.08% of 1-800-FLOWERS.COM as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp grew its position in 1-800-FLOWERS.COM by 0.5% in the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer's stock valued at $4,755,000 after acquiring an additional 2,886 shares during the last quarter. Empowered Funds LLC grew 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 worth $2,925,000 after purchasing an additional 17,351 shares during the last quarter. First Eagle Investment Management LLC increased its stake 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 buying an additional 188,582 shares during the period. Aviance Capital Partners LLC lifted its holdings in 1-800-FLOWERS.COM by 20.9% during the 4th quarter. Aviance Capital Partners LLC now owns 191,135 shares of the specialty retailer's stock valued at $1,562,000 after buying an additional 33,083 shares in the last quarter. Finally, Barclays PLC boosted 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 buying an additional 19,150 shares during the period. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

1-800-FLOWERS.COM Stock Down 2.2 %

Shares of NASDAQ FLWS traded down $0.12 during mid-day trading on Monday, reaching $5.38. 178,441 shares of the company were exchanged, compared to its average volume of 433,573. 1-800-FLOWERS.COM, Inc. has a 1 year low of $4.96 and a 1 year high of $11.10. The firm has a 50-day moving average of $6.04 and a 200 day moving average of $7.37. The stock has a market cap of $342.17 million, a price-to-earnings ratio of -48.91 and a beta of 1.80. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last released 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 earnings per share for the current year.

Insider Transactions at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc bought 396,004 shares of the company's stock in a transaction on Thursday, January 30th. The shares were bought at an average price of $7.73 per share, with a total value of $3,061,110.92. Following the transaction, the insider now owns 5,154,769 shares in the company, valued at approximately $39,846,364.37. This trade represents a 8.32 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders acquired 2,025,402 shares of company stock valued at $14,806,331 in the last quarter. 51.00% of the stock is currently owned by corporate insiders.

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.