1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires $301,550.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc acquired 37,000 shares of the business’s stock in a transaction dated Friday, January 17th. The shares were purchased at an average price of $8.15 per share, with a total value of $301,550.00. Following the transaction, the insider now owns 4,579,364 shares of the company’s stock, valued at approximately $37,321,816.60. This represents a 0.81 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• On Wednesday, January 22nd, Fund 1 Investments, Llc purchased 89,301 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $8.38 per share, with a total value of $748,342.38.
• On Wednesday, January 15th, Fund 1 Investments, Llc acquired 97,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.64 per share, for a total transaction of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc bought 61,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $7.33 per share, with a total value of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc purchased 50,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.18 per share, for a total transaction of $359,000.00.
• On Monday, November 4th, Fund 1 Investments, Llc sold 40,000 shares of 1-800-FLOWERS.COM stock. The stock was sold at an average price of $7.80, for a total transaction of $312,000.00.

1-800-FLOWERS.COM Trading Up 1.1 %

FLWS opened at $8.95 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44. The stock’s 50 day moving average price is $7.87 and its 200-day moving average price is $8.34. 1-800-FLOWERS.COM, Inc. has a one year low of $7.01 and a one year high of $11.42. The stock has a market cap of $574.77 million, a price-to-earnings ratio of -63.93, a P/E/G ratio of 3.29 and a beta of 1.58.

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. nVerses Capital LLC purchased a new stake in 1-800-FLOWERS.COM in the 3rd quarter valued at about $41,000. SG Americas Securities LLC purchased a new stake in shares of 1-800-FLOWERS.COM in the third quarter valued at approximately $106,000. JPMorgan Chase & Co. boosted its holdings in shares of 1-800-FLOWERS.COM by 13.0% in the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after purchasing an additional 1,623 shares during the period. Paloma Partners Management Co bought a new position in 1-800-FLOWERS.COM in the third quarter worth approximately $121,000. Finally, Federated Hermes Inc. raised its position in 1-800-FLOWERS.COM by 8.9% during the 2nd quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock valued at $244,000 after purchasing an additional 2,100 shares in the last quarter. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Wall Street Analysts Forecast Growth

FLWS has been the topic of several analyst reports. DA Davidson boosted their price objective 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. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, January 18th.

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.