Peregrine Capital Management LLC Sells 13,836 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Peregrine Capital Management LLC lowered its holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 3.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 375,730 shares of the specialty retailer’s stock after selling 13,836 shares during the quarter. Peregrine Capital Management LLC’s holdings in 1-800-FLOWERS.COM were worth $3,070,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. nVerses Capital LLC bought a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter worth about $41,000. SG Americas Securities LLC bought a new position in 1-800-FLOWERS.COM during the third quarter valued at about $106,000. JPMorgan Chase & Co. raised its holdings in 1-800-FLOWERS.COM by 13.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after acquiring an additional 1,623 shares in the last quarter. Paloma Partners Management Co bought a new stake in shares of 1-800-FLOWERS.COM in the 3rd quarter worth approximately $121,000. Finally, Arkadios Wealth Advisors grew its holdings in shares of 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock worth $288,000 after purchasing an additional 4,015 shares in the last quarter. 38.43% of the stock is owned by institutional investors.

1-800-FLOWERS.COM Price Performance

1-800-FLOWERS.COM stock opened at $8.55 on Thursday. The business has a 50 day simple moving average of $8.03 and a 200 day simple moving average of $8.15. 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 company has a market capitalization of $543.79 million, a PE ratio of -77.73 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a one year low of $6.56 and a one year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. On average, sell-side analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on FLWS shares. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Wednesday. DA Davidson restated a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th. Finally, 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 Activity at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc bought 50,000 shares of the stock in a transaction dated Friday, January 10th. The stock was bought at an average cost of $7.18 per share, for a total transaction of $359,000.00. Following the completion of the purchase, the insider now owns 4,224,364 shares in the company, valued at $30,330,933.52. This represents a 1.20 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders bought 1,310,605 shares of company stock valued at $10,322,986 in the last ninety days. Insiders own 51.00% of the company’s stock.

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.