Monimus Capital Management LP Makes New $297,000 Investment in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Monimus Capital Management LP bought a new position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 36,403 shares of the specialty retailer’s stock, valued at approximately $297,000. Monimus Capital Management LP owned 0.06% of 1-800-FLOWERS.COM at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FLWS. Jones Financial Companies Lllp raised its position in 1-800-FLOWERS.COM by 120.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 1,999 shares during the period. Inceptionr LLC acquired a new stake in shares of 1-800-FLOWERS.COM during the fourth quarter valued at about $101,000. JPMorgan Chase & Co. grew its stake in shares of 1-800-FLOWERS.COM by 13.0% during the third 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 acquired a new stake in shares of 1-800-FLOWERS.COM during the third quarter valued at about $121,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of 1-800-FLOWERS.COM during the fourth quarter valued at about $155,000. 38.43% of the stock is owned by hedge funds and other institutional investors.

1-800-FLOWERS.COM Stock Down 3.2 %

NASDAQ:FLWS opened at $5.84 on Friday. The company has a market capitalization of $371.43 million, a price-to-earnings ratio of -53.09 and a beta of 1.81. 1-800-FLOWERS.COM, Inc. has a one year low of $5.76 and a one year high of $11.42. The stock has a 50-day simple moving average of $7.72 and a 200 day simple moving average of $7.88. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates 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%. Sell-side analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Insiders Place Their Bets

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc bought 15,500 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were purchased at an average price of $6.43 per share, with a total value of $99,665.00. Following the completion of the acquisition, the insider now directly owns 7,658,469 shares of the company’s stock, valued at approximately $49,243,955.67. The trade was a 0.20 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders have acquired 1,953,605 shares of company stock valued at $15,151,661 over the last quarter. Insiders own 51.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FLWS. Weiss Ratings restated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research note on Friday, March 7th. DA Davidson restated a “neutral” rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a research note on Friday.

1-800-FLOWERS.COM Company Profile

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.