1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys $572,460.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 70,500 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were acquired at an average price of $8.12 per share, for a total transaction of $572,460.00. Following the completion of the transaction, the insider now directly owns 6,384,469 shares in the company, valued at approximately $51,841,888.28. This represents a 1.12 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major 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 Monday, February 10th, Fund 1 Investments, Llc bought 20,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.01 per share, for a total transaction of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc acquired 265,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.04 per share, for a total transaction of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc acquired 35,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 acquired 114,700 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.60 per share, for a total transaction of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc acquired 396,004 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.73 per share, for a total transaction of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc acquired 73,100 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.68 per share, for a total transaction of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc acquired 89,301 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.38 per share, for a total transaction of $748,342.38.
• On Friday, January 17th, Fund 1 Investments, Llc acquired 37,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.15 per share, for a total transaction of $301,550.00.
• On Wednesday, January 15th, Fund 1 Investments, Llc bought 97,000 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 bought at an average price of $7.33 per share, for a total transaction of $447,130.00.

1-800-FLOWERS.COM Price Performance

NASDAQ FLWS opened at $9.09 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.41 and a current ratio of 1.51. The firm’s 50 day moving average price is $7.98 and its 200-day moving average price is $8.19. 1-800-FLOWERS.COM, Inc. has a 52-week low of $6.56 and a 52-week high of $11.42. The company has a market cap of $578.13 million, a PE ratio of -82.64 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. Sell-side analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FLWS has been the topic of a number of research analyst reports. DA Davidson restated a “neutral” rating and issued a $7.50 target price on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, February 1st.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Several institutional investors have recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. boosted its stake in 1-800-FLOWERS.COM by 3.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock valued at $353,000 after acquiring an additional 1,472 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in 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 acquiring an additional 1,623 shares in the last quarter. Jones Financial Companies Lllp boosted its stake 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 acquiring an additional 1,999 shares in the last quarter. Northern Trust Corp boosted its stake in 1-800-FLOWERS.COM by 1.1% in the fourth quarter. Northern Trust Corp now owns 244,373 shares of the specialty retailer’s stock valued at $1,997,000 after acquiring an additional 2,663 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in 1-800-FLOWERS.COM by 23.2% in the fourth quarter. Wells Fargo & Company MN now owns 14,721 shares of the specialty retailer’s stock valued at $120,000 after acquiring an additional 2,775 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

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.