North Star Investment Management Corp. Sells 21,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

North Star Investment Management Corp. lessened its holdings in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) by 82.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,575 shares of the specialty retailer’s stock after selling 21,000 shares during the period. North Star Investment Management Corp.’s holdings in 1-800-FLOWERS.COM were worth $27,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Nomura Holdings Inc. boosted its holdings in 1-800-FLOWERS.COM by 63.6% during the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after acquiring an additional 1,143,027 shares during the last quarter. Fund 1 Investments LLC lifted its position in shares of 1-800-FLOWERS.COM by 12.4% during the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after purchasing an additional 461,000 shares in the last quarter. First Eagle Investment Management LLC boosted its holdings in 1-800-FLOWERS.COM by 117.4% during the fourth quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock worth $2,853,000 after purchasing an additional 188,582 shares during the last quarter. Cannell Capital LLC purchased a new position in 1-800-FLOWERS.COM during the fourth quarter worth about $628,000. Finally, Gamco Investors INC. ET AL grew its position in 1-800-FLOWERS.COM by 6.3% in the 4th quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock worth $10,493,000 after purchasing an additional 76,400 shares in the last quarter. Institutional investors own 38.43% of the company’s stock.

1-800-FLOWERS.COM Stock Up 3.0%

1-800-FLOWERS.COM stock opened at $5.12 on Tuesday. The firm has a 50 day moving average price of $5.15 and a 200-day moving average price of $6.58. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM, Inc. has a twelve month low of $3.86 and a twelve month high of $11.10. The company has a market capitalization of $325.45 million, a P/E ratio of -46.55 and a beta of 1.49.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.37). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. The firm had revenue of $331.45 million for the quarter, compared to the consensus estimate of $367.85 million. During the same period last year, the company posted ($0.28) earnings per share. 1-800-FLOWERS.COM’s revenue for the quarter was down 23.1% on a year-over-year basis. As a group, equities analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Wall Street Analysts Forecast Growth

FLWS has been the topic of several recent analyst reports. DA Davidson reissued a “neutral” rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research report on Wednesday, June 11th. Noble Financial cut 1-800-FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 9th. Finally, Wall Street Zen downgraded 1-800-FLOWERS.COM from a “hold” rating to a “sell” rating in a research note on Monday, May 12th.

Insider Activity at 1-800-FLOWERS.COM

In other news, insider Jonathan J. Feldman sold 6,864 shares of 1-800-FLOWERS.COM stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $4.80, for a total value of $32,947.20. Following the completion of the transaction, the insider now directly owns 56,805 shares in the company, valued at approximately $272,664. The trade was a 10.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Fund 1 Investments, Llc acquired 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 26th. The shares were bought at an average price of $6.01 per share, for a total transaction of $30,050.00. Following the completion of the purchase, the insider now owns 8,160,969 shares in the company, valued at $49,047,423.69. This trade represents a 0.06% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have bought 916,570 shares of company stock worth $4,758,081. Company 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.