1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Shares Sold by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. cut its holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 24.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,819 shares of the specialty retailer’s stock after selling 19,048 shares during the quarter. Jacobs Levy Equity Management Inc.’s holdings in 1-800-FLOWERS.COM were worth $474,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of FLWS. Dimensional Fund Advisors LP grew its holdings in 1-800-FLOWERS.COM by 5.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after buying an additional 129,627 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of 1-800-FLOWERS.COM by 0.6% in the first quarter. Vanguard Group Inc. now owns 1,625,239 shares of the specialty retailer’s stock valued at $17,601,000 after acquiring an additional 10,061 shares in the last quarter. Sei Investments Co. boosted its stake in shares of 1-800-FLOWERS.COM by 15.7% during the second quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock valued at $6,540,000 after acquiring an additional 93,041 shares during the last quarter. American Century Companies Inc. increased its position in 1-800-FLOWERS.COM by 37.7% during the 2nd quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock worth $5,307,000 after purchasing an additional 152,536 shares in the last quarter. Finally, Acadian Asset Management LLC raised its stake in 1-800-FLOWERS.COM by 1,585.9% in the 2nd quarter. Acadian Asset Management LLC now owns 376,131 shares of the specialty retailer’s stock valued at $3,576,000 after purchasing an additional 353,821 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FLWS has been the topic of several analyst reports. DA Davidson raised their price target on shares of 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. StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th.

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

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the company’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $7.80, for a total transaction of $312,000.00. Following the completion of the sale, the insider now directly owns 3,674,364 shares in the company, valued at $28,660,039.20. This represents a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 51.00% of the stock is owned by company insiders.

1-800-FLOWERS.COM Stock Performance

NASDAQ FLWS opened at $7.79 on Tuesday. The business’s 50-day moving average price is $8.10 and its 200 day moving average price is $8.72. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40. 1-800-FLOWERS.COM, Inc. has a twelve month low of $7.14 and a twelve month high of $11.42. The company has a market capitalization of $500.27 million, a PE ratio of -55.64, a price-to-earnings-growth ratio of 3.09 and a beta of 1.60.

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

About 1-800-FLOWERS.COM

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.