1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS – Get Rating)’s share price dropped 2.9% during trading on Monday after DA Davidson lowered their price target on the stock from $12.00 to $11.00. The company traded as low as $9.54 and last traded at $9.55. Approximately 179,752 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 633,166 shares. The stock had previously closed at $9.84.
FLWS has been the subject of a number of other research reports. TheStreet lowered 1-800-FLOWERS.COM from a “c-” rating to a “d” rating in a research note on Friday, May 12th. Craig Hallum upgraded 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating and increased their target price for the company from $13.00 to $15.00 in a research note on Thursday, March 30th. Benchmark increased their target price on 1-800-FLOWERS.COM from $13.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, February 3rd. Finally, StockNews.com started coverage on 1-800-FLOWERS.COM in a research note on Thursday, May 18th. They set a “hold” rating for the company. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, 1-800-FLOWERS.COM currently has a consensus rating of “Moderate Buy” and an average price target of $13.50.
Institutional Investors Weigh In On 1-800-FLOWERS.COM
A number of hedge funds have recently bought and sold shares of FLWS. JPMorgan Chase & Co. grew its stake in 1-800-FLOWERS.COM by 4,455.1% during the 1st quarter. JPMorgan Chase & Co. now owns 701,844 shares of the specialty retailer’s stock valued at $8,071,000 after purchasing an additional 686,436 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in 1-800-FLOWERS.COM by 41.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,824,392 shares of the specialty retailer’s stock worth $20,980,000 after buying an additional 538,874 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in 1-800-FLOWERS.COM by 103.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 583,620 shares of the specialty retailer’s stock worth $5,579,000 after buying an additional 296,420 shares during the last quarter. Aristotle Capital Boston LLC lifted its holdings in 1-800-FLOWERS.COM by 12.3% during the 4th quarter. Aristotle Capital Boston LLC now owns 1,892,718 shares of the specialty retailer’s stock worth $18,094,000 after buying an additional 207,471 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in 1-800-FLOWERS.COM by 39.7% during the 3rd quarter. Renaissance Technologies LLC now owns 637,669 shares of the specialty retailer’s stock worth $4,138,000 after buying an additional 181,369 shares during the last quarter. Institutional investors and hedge funds own 37.55% of the company’s stock.
1-800-FLOWERS.COM Trading Down 4.2 %
1-800-FLOWERS.COM Company Profile
1-800-FLOWERS.COM, engages in the provision of gifts designing. It operates through the following business segments: Consumer Floral and Gifts, Gourmet Floral and Gifts, and BloomNet. The Consumer Floral and Gifts segment operates 1-800-Flowers.com, PersonalizationMall, FruitBouquets.com, Flowerama, and Alice’s Table.
- Get a free copy of the StockNews.com research report on 1-800-FLOWERS.COM (FLWS)
- monday.com Surges on Price and Volume after Blowout Results
- Can Ryanair Stock Fly Above Resistance Levels, What Earnings Show
- All Aboard! The Sell-Side Has Railroads In Reversal
- Is There Value Left in Lyft Stock?
- Everything About ZIM Integrated Screams Undervaluation
Receive News & Ratings for 1-800-FLOWERS.COM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800-FLOWERS.COM and related companies with MarketBeat.com's FREE daily email newsletter.