1-800 FLOWERS.COM's (FLWS) "Sell (D-)" Rating Reiterated at Weiss Ratings

Key Points

• 1-800 FLOWERS.COM's stock has been reaffirmed with a "sell (D-)" rating by Weiss Ratings, indicating ongoing concerns about its performance.
• The company recently received multiple downgrades from analysts, with a consensus rating of "Hold" and a price target set at $7.50.
• Insider transactions show significant activity, with Fund 1 Investments purchasing nearly 20,000 shares, increasing their ownership stake in the company.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report)'s stock had its "sell (d-)" rating reissued by investment analysts at Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.

A number of other brokerages have also recently weighed in on FLWS. Wall Street Zen cut 1-800 FLOWERS.COM from a "hold" rating to a "sell" rating in a research note on Monday, May 12th. Noble Financial lowered 1-800 FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a report on Friday, May 9th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, 1-800 FLOWERS.COM has an average rating of "Hold" and an average price target of $7.50.

1-800 FLOWERS.COM Trading Down 1.8%

Shares of NASDAQ FLWS traded down $0.10 during trading on Friday, reaching $5.48. The stock had a trading volume of 71,350 shares, compared to its average volume of 684,732. 1-800 FLOWERS.COM has a fifty-two week low of $3.86 and a fifty-two week high of $9.24. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 1.55. The business's 50-day moving average price is $5.62 and its 200-day moving average price is $5.65. The company has a market cap of $348.33 million, a P/E ratio of -2.07 and a beta of 1.37.

Insider Transactions at 1-800 FLOWERS.COM

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc purchased 19,920 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was bought at an average cost of $5.06 per share, with a total value of $100,795.20. Following the acquisition, the insider directly owned 9,527,250 shares of the company's stock, valued at approximately $48,207,885. This represents a 0.21% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders bought 108,897 shares of company stock worth $545,673. 51.00% of the stock is owned by insiders.

Institutional Trading of 1-800 FLOWERS.COM

Hedge funds and other institutional investors have recently made changes to their positions in the company. AlphaQuest LLC acquired a new stake in shares of 1-800 FLOWERS.COM during the first quarter worth about $25,000. Quarry LP acquired a new stake in shares of 1-800 FLOWERS.COM during the first quarter worth about $39,000. State of Wyoming increased its position in shares of 1-800 FLOWERS.COM by 197.8% during the second quarter. State of Wyoming now owns 9,833 shares of the specialty retailer's stock worth $48,000 after purchasing an additional 6,531 shares in the last quarter. Yousif Capital Management LLC acquired a new stake in shares of 1-800 FLOWERS.COM during the second quarter worth about $50,000. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of 1-800 FLOWERS.COM during the second quarter worth about $57,000. 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.