Martingale Asset Management L P Sells 30,882 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Martingale Asset Management L P trimmed its stake in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 55.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,249 shares of the specialty retailer’s stock after selling 30,882 shares during the period. Martingale Asset Management L P’s holdings in 1-800-FLOWERS.COM were worth $200,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. nVerses Capital LLC acquired a new position in 1-800-FLOWERS.COM in the third quarter worth $41,000. SG Americas Securities LLC acquired a new position in 1-800-FLOWERS.COM in the third quarter worth $106,000. Price T Rowe Associates Inc. MD boosted its stake in 1-800-FLOWERS.COM by 6.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock worth $231,000 after purchasing an additional 1,287 shares in the last quarter. Federated Hermes Inc. boosted its stake in 1-800-FLOWERS.COM by 8.9% in the second quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock worth $244,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Bailard Inc. acquired a new position in 1-800-FLOWERS.COM in the second quarter worth $256,000. 38.43% of the stock is currently owned by institutional investors.

Insider Activity

In other 1-800-FLOWERS.COM 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 value of $312,000.00. Following the transaction, the insider now owns 3,674,364 shares of the company’s stock, valued at approximately $28,660,039.20. This represents a 1.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 51.00% of the stock is currently owned by insiders.

1-800-FLOWERS.COM Trading Up 3.7 %

Shares of FLWS opened at $8.22 on Thursday. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. 1-800-FLOWERS.COM, Inc. has a 12-month low of $7.14 and a 12-month high of $11.42. The firm has a market capitalization of $527.89 million, a PE ratio of -56.64, a price-to-earnings-growth ratio of 3.20 and a beta of 1.60. The stock’s fifty day simple moving average is $8.10 and its 200-day simple moving average is $8.77.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.53) by $0.02. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The business had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. During the same quarter in the prior year, the firm posted ($0.48) earnings per share. The firm’s revenue for the quarter was down 28.2% compared to the same quarter last year. As a group, research analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the company. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. DA Davidson boosted their price objective on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Thursday, October 31st.

1-800-FLOWERS.COM 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.