Should You Buy 1-800-FLOWERS.COM, Inc. (FLWS)?

Page 1 of 2

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) was in 10 hedge funds’ portfolio at the end of the first quarter of 2013. FLWS has seen an increase in activity from the world’s largest hedge funds in recent months. There were 9 hedge funds in our database with FLWS positions at the end of the previous quarter.

In the financial world, there are a multitude of methods market participants can use to monitor their holdings. Two of the most underrated are hedge fund and insider trading sentiment. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the top hedge fund managers can outperform the market by a very impressive amount (see just how much).

Just as beneficial, positive insider trading sentiment is another way to break down the financial markets. Obviously, there are a variety of incentives for a corporate insider to get rid of shares of his or her company, but only one, very clear reason why they would behave bullishly. Various empirical studies have demonstrated the market-beating potential of this strategy if shareholders understand what to do (learn more here).

With all of this in mind, we’re going to take a peek at the recent action regarding 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS).

Hedge fund activity in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

At Q1′s end, a total of 10 of the hedge funds we track were bullish in this stock, a change of 11% from one quarter earlier. With the smart money’s sentiment swirling, there exists an “upper tier” of noteworthy hedge fund managers who were upping their holdings substantially.

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)According to our comprehensive database, Renaissance Technologies, managed by Jim Simons, holds the biggest position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS). Renaissance Technologies has a $4.5 million position in the stock, comprising less than 0.1%% of its 13F portfolio. Coming in second is Michael M. Rothenberg and David Sackler of Moab Capital Partners, with a $3.9 million position; the fund has 2% of its 13F portfolio invested in the stock. Some other peers that hold long positions include Chuck Royce’s Royce & Associates, Mario Gabelli’s GAMCO Investors and D. E. Shaw’s D E Shaw.

With a general bullishness amongst the heavyweights, key money managers were breaking ground themselves. LMR Partners, managed by Ben Levine, Andrew Manuel and Stefan Renold, assembled the most outsized position in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS). LMR Partners had 0.1 million invested in the company at the end of the quarter. Israel Englander’s Millennium Management also made a $0.1 million investment in the stock during the quarter.

Insider trading activity in 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Insider buying is particularly usable when the company we’re looking at has experienced transactions within the past six months. Over the latest 180-day time period, 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) has seen zero unique insiders purchasing, and 2 insider sales (see the details of insider trades here).

Let’s also review hedge fund and insider activity in other stocks similar to 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS). These stocks are West Marine, Inc. (NASDAQ:WMAR), TravelCenters of America LLC (NYSE:TA), Winmark Corporation (NASDAQ:WINA), Medifast, Inc. (NYSE:MED), and MarineMax, Inc. (NYSE:HZO). This group of stocks belong to the specialty retail, other industry and their market caps are similar to FLWS’s market cap.

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!