1-800 FLOWERS.COM (NASDAQ:FLWS) Upgraded to “Sell” at Wall Street Zen

1-800 FLOWERS.COM (NASDAQ:FLWS) was upgraded by investment analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research report issued on Saturday.

Separately, Noble Financial reiterated an “outperform” rating on shares of 1-800 FLOWERS.COM in a research note on Friday, May 8th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $3.75.

1-800 FLOWERS.COM Price Performance

Shares of FLWS stock opened at $4.34 on Friday. The company has a market capitalization of $278.19 million, a PE ratio of -2.06 and a beta of 1.34. The firm has a fifty day simple moving average of $3.89 and a 200-day simple moving average of $3.84. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 0.61. 1-800 FLOWERS.COM has a twelve month low of $2.88 and a twelve month high of $8.44.

1-800 FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, May 7th. The specialty retailer reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.75) by ($0.02). 1-800 FLOWERS.COM had a negative net margin of 8.69% and a negative return on equity of 28.81%. The firm had revenue of $293.01 million during the quarter, compared to analysts’ expectations of $292.42 million. Equities research analysts anticipate that 1-800 FLOWERS.COM will post -1.23 earnings per share for the current fiscal year.

Insider Buying and Selling

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 720,000 shares of the stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $4.19, for a total transaction of $3,016,800.00. Following the transaction, the insider directly owned 4,096,242 shares in the company, valued at $17,163,253.98. This represents a 14.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last 90 days, insiders have sold 1,752,433 shares of company stock worth $7,555,619. Corporate insiders own 52.16% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Jump Financial LLC boosted its stake in 1-800 FLOWERS.COM by 10.6% during the 4th quarter. Jump Financial LLC now owns 34,849 shares of the specialty retailer’s stock valued at $137,000 after acquiring an additional 3,347 shares during the last quarter. Intech Investment Management LLC raised its holdings in shares of 1-800 FLOWERS.COM by 32.4% during the fourth quarter. Intech Investment Management LLC now owns 19,022 shares of the specialty retailer’s stock worth $75,000 after purchasing an additional 4,651 shares during the period. Quarry LP raised its holdings in shares of 1-800 FLOWERS.COM by 538,100.0% during the third quarter. Quarry LP now owns 5,382 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 5,381 shares during the period. Barclays PLC raised its holdings in shares of 1-800 FLOWERS.COM by 17.8% during the fourth quarter. Barclays PLC now owns 36,342 shares of the specialty retailer’s stock worth $143,000 after purchasing an additional 5,500 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of 1-800 FLOWERS.COM by 7.0% during the first quarter. Bank of New York Mellon Corp now owns 84,968 shares of the specialty retailer’s stock worth $258,000 after purchasing an additional 5,568 shares during the period. 38.43% of the stock is currently owned by institutional investors.

About 1-800 FLOWERS.COM

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.