1-800-FLOWERS.COM (NASDAQ:FLWS) Trading Up 8.4%

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) was up 8.4% during mid-day trading on Thursday . The stock traded as high as $9.83 and last traded at $9.82. Approximately 66,077 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 373,800 shares. The stock had previously closed at $9.06.

Analyst Ratings Changes

Separately, StockNews.com raised 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating in a report on Thursday, February 29th.

1-800-FLOWERS.COM Price Performance

The company has a market cap of $597.27 million, a PE ratio of -10.02, a price-to-earnings-growth ratio of 2.16 and a beta of 1.67. The stock has a fifty day moving average price of $9.85 and a 200-day moving average price of $9.57. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.59 and a quick ratio of 1.12.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, February 1st. The specialty retailer reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.05. 1-800-FLOWERS.COM had a positive return on equity of 3.32% and a negative net margin of 3.24%. The firm had revenue of $822.10 million for the quarter, compared to analyst estimates of $825.20 million. During the same period in the previous year, the firm earned $1.28 earnings per share. 1-800-FLOWERS.COM’s quarterly revenue was down 8.4% on a year-over-year basis. On average, equities analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.28 earnings per share for the current year.

Insider Activity

In related news, insider Arnold P. Leap sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $9.32, for a total transaction of $27,960.00. Following the completion of the sale, the insider now directly owns 72,739 shares in the company, valued at $677,927.48. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 49.77% of the stock is owned by corporate insiders.

Institutional Trading of 1-800-FLOWERS.COM

Several hedge funds and other institutional investors have recently modified their holdings of FLWS. Dimensional Fund Advisors LP grew its stake in 1-800-FLOWERS.COM by 1.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,367,496 shares of the specialty retailer’s stock valued at $25,522,000 after purchasing an additional 38,529 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in shares of 1-800-FLOWERS.COM by 5.5% in the 3rd quarter. Gamco Investors INC. ET AL now owns 1,010,000 shares of the specialty retailer’s stock valued at $7,070,000 after buying an additional 53,000 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in 1-800-FLOWERS.COM by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 583,200 shares of the specialty retailer’s stock worth $6,287,000 after buying an additional 8,376 shares during the last quarter. Penserra Capital Management LLC raised its position in 1-800-FLOWERS.COM by 10.5% during the third quarter. Penserra Capital Management LLC now owns 575,807 shares of the specialty retailer’s stock valued at $4,030,000 after acquiring an additional 54,758 shares in the last quarter. Finally, North Star Investment Management Corp. lifted its stake in 1-800-FLOWERS.COM by 78.2% in the fourth quarter. North Star Investment Management Corp. now owns 300,650 shares of the specialty retailer’s stock valued at $3,241,000 after acquiring an additional 131,900 shares during the last quarter. 38.43% of the stock is currently owned by hedge funds and other 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.