Penserra Capital Management LLC Sells 85,596 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Penserra Capital Management LLC lowered its stake in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 18.7% during the third quarter, Holdings Channel reports. The firm owned 370,961 shares of the specialty retailer’s stock after selling 85,596 shares during the period. Penserra Capital Management LLC’s holdings in 1-800-FLOWERS.COM were worth $2,941,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FLWS. Dimensional Fund Advisors LP increased its holdings in 1-800-FLOWERS.COM by 5.2% in 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 period. Vanguard Group Inc. increased its stake in 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 during the last quarter. Sei Investments Co. increased its stake in 1-800-FLOWERS.COM by 15.7% in 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. raised its position in 1-800-FLOWERS.COM by 37.7% during the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock valued at $5,307,000 after purchasing an additional 152,536 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its stake in 1-800-FLOWERS.COM by 1,585.9% during the second quarter. Acadian Asset Management LLC now owns 376,131 shares of the specialty retailer’s stock worth $3,576,000 after purchasing an additional 353,821 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on FLWS shares. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. DA Davidson boosted their target price on 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.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the business’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $7.80, for a total value of $312,000.00. Following the sale, the insider now owns 3,674,364 shares of the company’s stock, valued at $28,660,039.20. The trade was a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 51.00% of the stock is currently owned by insiders.

1-800-FLOWERS.COM Stock Performance

NASDAQ FLWS opened at $8.25 on Tuesday. The firm’s fifty day moving average price is $8.08 and its two-hundred day moving average price is $8.84. The stock has a market cap of $529.82 million, a PE ratio of -58.93, a PEG ratio of 3.07 and a beta of 1.61. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $7.14 and a fifty-two week high of $11.42.

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