1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Short Interest Up 20.1% in May

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 9,580,000 shares, an increase of 20.1% from the April 30th total of 7,980,000 shares. Based on an average daily trading volume, of 777,100 shares, the short-interest ratio is currently 12.3 days. Approximately 30.8% of the company's stock are sold short.

Insider Buying and Selling at 1-800-FLOWERS.COM

In related news, insider Jonathan J. Feldman sold 6,864 shares of the company's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $4.80, for a total transaction of $32,947.20. Following the completion of the sale, the insider now directly owns 56,805 shares of the company's stock, valued at approximately $272,664. This represents a 10.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Fund 1 Investments, Llc purchased 156,500 shares of 1-800-FLOWERS.COM stock in a transaction dated Thursday, March 20th. The shares were bought at an average cost of $5.62 per share, for a total transaction of $879,530.00. Following the transaction, the insider now directly owns 8,035,969 shares of the company's stock, valued at approximately $45,162,145.78. The trade was a 1.99% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 920,250 shares of company stock worth $4,788,842 over the last ninety days. Corporate insiders own 51.00% of the company's stock.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

Institutional investors have recently made changes to their positions in the stock. Nomura Holdings Inc. boosted its position in 1-800-FLOWERS.COM by 63.6% during the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer's stock valued at $24,033,000 after acquiring an additional 1,143,027 shares in the last quarter. ING Groep NV bought a new position in 1-800-FLOWERS.COM in the 1st quarter worth $4,425,000. Fund 1 Investments LLC lifted its stake 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 in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of 1-800-FLOWERS.COM during the first quarter valued at approximately $1,957,000. Finally, First Eagle Investment Management LLC increased its stake in 1-800-FLOWERS.COM by 117.4% in the 4th quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer's stock worth $2,853,000 after acquiring an additional 188,582 shares during the last quarter. Institutional investors own 38.43% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, May 24th. Noble Financial cut shares of 1-800-FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 9th. DA Davidson reissued a "neutral" rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th. Finally, Wall Street Zen cut 1-800-FLOWERS.COM from a "hold" rating to a "sell" rating in a research note on Monday, May 12th.

1-800-FLOWERS.COM Price Performance

FLWS stock traded down $0.02 during midday trading on Friday, reaching $5.01. 362,553 shares of the stock were exchanged, compared to its average volume of 492,395. 1-800-FLOWERS.COM has a 52 week low of $3.86 and a 52 week high of $11.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The stock has a market capitalization of $318.46 million, a PE ratio of -45.55 and a beta of 1.49. The company has a fifty day moving average price of $5.19 and a 200 day moving average price of $6.72.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its earnings results on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.37). The firm had revenue of $331.45 million during the quarter, compared to the consensus estimate of $367.85 million. 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. 1-800-FLOWERS.COM's revenue for the quarter was down 23.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.28) earnings per share. As a group, analysts expect that 1-800-FLOWERS.COM will post -0.07 EPS for the current fiscal year.

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.