1-800 FLOWERS.COM (NASDAQ:FLWS) Receives Sell (D-) Rating from Weiss Ratings

1-800 FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “sell (d-)” rating reissued by equities research analysts at Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

Several other research firms also recently commented on FLWS. Wall Street Zen downgraded shares of 1-800 FLOWERS.COM from a “hold” rating to a “sell” rating in a research report on Monday, May 12th. Noble Financial downgraded shares of 1-800 FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 9th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $7.50.

1-800 FLOWERS.COM Price Performance

NASDAQ:FLWS opened at $5.60 on Friday. The firm’s 50 day simple moving average is $5.60 and its 200 day simple moving average is $5.68. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.55 and a quick ratio of 0.73. 1-800 FLOWERS.COM has a one year low of $3.86 and a one year high of $9.24. The company has a market cap of $355.94 million, a PE ratio of -2.11 and a beta of 1.37.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc acquired 40,000 shares of the stock in a transaction dated Friday, June 13th. The stock was bought at an average price of $4.97 per share, for a total transaction of $198,800.00. Following the purchase, the insider directly owned 9,479,673 shares of the company’s stock, valued at $47,113,974.81. The trade was a 0.42% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have purchased 108,897 shares of company stock valued at $545,673. 51.00% of the stock is currently owned by insiders.

Institutional Trading of 1-800 FLOWERS.COM

Several hedge funds have recently modified their holdings of FLWS. AlphaQuest LLC bought a new stake in shares of 1-800 FLOWERS.COM in the 1st quarter valued at $25,000. Quarry LP bought a new stake in 1-800 FLOWERS.COM during the 1st quarter valued at $39,000. State of Wyoming increased its stake in 1-800 FLOWERS.COM by 197.8% during the 2nd quarter. State of Wyoming now owns 9,833 shares of the specialty retailer’s stock valued at $48,000 after purchasing an additional 6,531 shares in the last quarter. Yousif Capital Management LLC bought a new stake in 1-800 FLOWERS.COM during the 2nd quarter valued at $50,000. Finally, Los Angeles Capital Management LLC bought a new stake in 1-800 FLOWERS.COM during the 2nd quarter valued at $57,000. Institutional investors own 38.43% 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.