1-800 FLOWERS.COM (NASDAQ:FLWS) Earns Sell (D-) Rating from Weiss Ratings

Key Points

• 1-800 FLOWERS.COM received a "sell (D-)" rating from Weiss Ratings, indicating negative sentiment among equities research analysts about the company's stock performance.
• The company's stock price experienced a 3.0% decline and is currently trading around $5.55, with a market capitalization of $352.78 million.
• Recent insider activity shows that major shareholder Fund 1 Investments, LLC has increased their stake by purchasing nearly 50,000 shares for about $244,409, indicating ongoing confidence in the company's prospects.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report)'s stock had its "sell (d-)" rating restated by equities research analysts at Weiss Ratings in a research report issued on Thursday,Weiss Ratings reports.

Other equities research analysts also recently issued reports about the company. Wall Street Zen downgraded 1-800 FLOWERS.COM from a "hold" rating to a "sell" rating in a report on Monday, May 12th. Noble Financial downgraded shares of 1-800 FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th.

1-800 FLOWERS.COM Trading Down 3.0%

NASDAQ:FLWS opened at $5.55 on Thursday. The business's 50-day moving average is $5.51 and its two-hundred day moving average is $5.92. The firm has a market capitalization of $352.78 million, a PE ratio of -2.09 and a beta of 1.37. 1-800 FLOWERS.COM has a 12 month low of $3.86 and a 12 month high of $9.69. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.55 and a quick ratio of 0.73.

Insider Buying and Selling

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc bought 49,576 shares of the stock in a transaction dated Friday, May 30th. The stock was bought at an average cost of $4.93 per share, for a total transaction of $244,409.68. Following the completion of the purchase, the insider directly owned 9,388,353 shares of the company's stock, valued at approximately $46,284,580.29. The trade was a 0.53% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last quarter, insiders have acquired 323,049 shares of company stock valued at $1,587,592. Insiders own 51.00% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FLWS. Nantahala Capital Management LLC acquired a new stake in 1-800 FLOWERS.COM during the 2nd quarter valued at approximately $9,840,000. Jane Street Group LLC boosted its stake in shares of 1-800 FLOWERS.COM by 498.1% during the 2nd quarter. Jane Street Group LLC now owns 112,107 shares of the specialty retailer's stock valued at $552,000 after buying an additional 93,364 shares during the last quarter. Occudo Quantitative Strategies LP acquired a new stake in shares of 1-800 FLOWERS.COM during the second quarter worth approximately $339,000. Russell Investments Group Ltd. grew its position in shares of 1-800 FLOWERS.COM by 62.0% during the second quarter. Russell Investments Group Ltd. now owns 23,232 shares of the specialty retailer's stock worth $114,000 after buying an additional 8,889 shares in the last quarter. Finally, XTX Topco Ltd increased its stake in shares of 1-800 FLOWERS.COM by 136.9% in the second quarter. XTX Topco Ltd now owns 134,113 shares of the specialty retailer's stock worth $660,000 after buying an additional 77,497 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.