Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires 20,500 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 20,500 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was bought at an average cost of $8.01 per share, with a total value of $164,205.00. Following the transaction, the insider now directly owns 6,264,969 shares in the company, valued at approximately $50,182,401.69. The trade was a 0.33 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Wednesday, February 12th, Fund 1 Investments, Llc purchased 70,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $8.12 per share, for a total transaction of $572,460.00.
• On Friday, February 7th, Fund 1 Investments, Llc acquired 265,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $8.04 per share, with a total value of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc bought 35,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.96 per share, for a total transaction of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc purchased 114,700 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $7.60 per share, with a total value of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc acquired 396,004 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.73 per share, for a total transaction of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc bought 73,100 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $8.68 per share, with a total value of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc acquired 89,301 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.38 per share, with a total value of $748,342.38.
• On Friday, January 17th, Fund 1 Investments, Llc purchased 37,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $8.15 per share, with a total value of $301,550.00.
• 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 price 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 stock was purchased at an average price of $7.33 per share, with a total value of $447,130.00.

1-800-FLOWERS.COM Stock Up 3.6 %

FLWS stock opened at $8.54 on Friday. The firm’s 50-day moving average is $7.96 and its two-hundred day moving average is $8.19. The company has a current ratio of 1.51, a quick ratio of 0.41 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $543.14 million, a price-to-earnings ratio of -77.64 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 52 week low of $6.56 and a 52 week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing the consensus estimate 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%. On average, analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on FLWS. DA Davidson reiterated a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Thursday, January 30th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, February 1st. Finally, StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Gamco Investors INC. ET AL raised its position in 1-800-FLOWERS.COM by 6.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock worth $10,493,000 after acquiring an additional 76,400 shares in the last quarter. Gabelli Funds LLC boosted its position in shares of 1-800-FLOWERS.COM by 12.2% during the 4th quarter. Gabelli Funds LLC now owns 190,700 shares of the specialty retailer’s stock valued at $1,558,000 after purchasing an additional 20,700 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of 1-800-FLOWERS.COM in the 4th quarter worth approximately $419,000. XTX Topco Ltd bought a new stake in shares of 1-800-FLOWERS.COM in the 4th quarter worth approximately $92,000. Finally, Raymond James Financial Inc. acquired a new stake in 1-800-FLOWERS.COM during the fourth quarter valued at approximately $155,000. Institutional investors own 38.43% of the company’s stock.

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.