Charles Schwab Investment Management Inc. Sells 99,999 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Charles Schwab Investment Management Inc. cut its holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 23.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 321,541 shares of the specialty retailer’s stock after selling 99,999 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in 1-800-FLOWERS.COM were worth $2,627,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Paloma Partners Management Co acquired a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at $121,000. Systematic Financial Management LP acquired a new position in shares of 1-800-FLOWERS.COM during the third quarter valued at about $484,000. State Street Corp boosted its position in shares of 1-800-FLOWERS.COM by 0.5% during the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after purchasing an additional 2,886 shares in the last quarter. Jane Street Group LLC grew its stake in shares of 1-800-FLOWERS.COM by 66.1% in the 3rd quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock valued at $448,000 after buying an additional 22,460 shares during the period. Finally, Barclays PLC increased its position in 1-800-FLOWERS.COM by 24.3% in the 3rd quarter. Barclays PLC now owns 97,904 shares of the specialty retailer’s stock valued at $778,000 after buying an additional 19,150 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors.

1-800-FLOWERS.COM Trading Down 0.3 %

FLWS opened at $5.96 on Friday. The firm has a market capitalization of $379.06 million, a PE ratio of -54.18 and a beta of 1.81. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $5.43 and a fifty-two week high of $11.10. The company’s 50-day moving average is $7.40 and its 200 day moving average is $7.75.

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on FLWS. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, March 22nd. DA Davidson reissued a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th.

Insider Activity at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc acquired 61,000 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was purchased at an average price of $7.33 per share, for a total transaction of $447,130.00. Following the purchase, the insider now owns 4,285,364 shares in the company, valued at approximately $31,411,718.12. This represents a 1.44 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last three months, insiders purchased 2,165,105 shares of company stock valued at $16,346,791. 51.00% of the stock is owned by insiders.

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.