Nomura Holdings Inc. Sells 895,820 Shares of 1-800 FLOWERS.COM, Inc. $FLWS

Key Points

• Nomura Holdings Inc. reduced its position in 1-800 FLOWERS.COM by 30.5%, now holding approximately 3.22% of the company after selling nearly 896,000 shares.
• Major shareholder Fund 1 Investments, Llc recently acquired 40,000 shares of 1-800 FLOWERS.COM, increasing its ownership to about 51.00% of the company.
• Analysts have expressed a negative sentiment towards 1-800 FLOWERS.COM, with Weiss Ratings giving a "sell" rating and others downgrading it from "strong-buy" to "hold."

Nomura Holdings Inc. cut its holdings in shares of 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 30.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,045,752 shares of the specialty retailer's stock after selling 895,820 shares during the quarter. Nomura Holdings Inc. owned 3.22% of 1-800 FLOWERS.COM worth $12,070,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FLWS. ING Groep NV acquired a new stake in shares of 1-800 FLOWERS.COM during the 1st quarter valued at about $4,425,000. Fund 1 Investments LLC lifted its holdings in shares of 1-800 FLOWERS.COM by 12.4% during the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer's stock valued at $34,105,000 after buying an additional 461,000 shares during the last quarter. Nuveen LLC acquired a new stake in shares of 1-800 FLOWERS.COM during the 1st quarter valued at about $449,000. Quantbot Technologies LP lifted its holdings in shares of 1-800 FLOWERS.COM by 611.2% during the 1st quarter. Quantbot Technologies LP now owns 73,313 shares of the specialty retailer's stock valued at $433,000 after buying an additional 63,005 shares during the last quarter. Finally, XTX Topco Ltd lifted its holdings in shares of 1-800 FLOWERS.COM by 405.4% during the 1st quarter. XTX Topco Ltd now owns 56,616 shares of the specialty retailer's stock valued at $334,000 after buying an additional 45,413 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

1-800 FLOWERS.COM Stock Performance

FLWS traded down $0.15 on Thursday, hitting $5.18. The company had a trading volume of 1,670,544 shares, compared to its average volume of 691,812. The company's fifty day moving average price is $5.63 and its 200 day moving average price is $5.65. 1-800 FLOWERS.COM, Inc. has a 1-year low of $3.86 and a 1-year high of $9.24. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.55 and a quick ratio of 0.73. The stock has a market cap of $329.24 million, a price-to-earnings ratio of -1.95 and a beta of 1.37.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last posted its earnings results on Thursday, September 4th. The specialty retailer reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.51) by ($0.18). 1-800 FLOWERS.COM had a negative return on equity of 7.12% and a negative net margin of 9.88%.The company had revenue of $336.62 million during the quarter, compared to analyst estimates of $330.58 million. During the same quarter last year, the firm posted ($0.34) earnings per share. The firm's revenue for the quarter was down 6.7% compared to the same quarter last year. Equities analysts predict that 1-800 FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on FLWS shares. Wall Street Zen lowered 1-800 FLOWERS.COM from a "hold" rating to a "sell" rating in a report 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. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of 1-800 FLOWERS.COM in a report on Saturday, August 30th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, 1-800 FLOWERS.COM currently has a consensus rating of "Hold" and an average target price of $7.50.

Insiders Place Their Bets

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

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.