1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Purchases 310,000 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 310,000 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were acquired at an average price of $7.72 per share, with a total value of $2,393,200.00. Following the purchase, the insider now directly owns 7,084,969 shares in the company, valued at $54,695,960.68. This represents a 4.58 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, February 19th, Fund 1 Investments, Llc purchased 40,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.57 per share, with a total value of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc purchased 1,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.66 per share, with a total value of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc purchased 70,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.12 per share, with a total value of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc purchased 20,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.01 per share, with a total value of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc bought 265,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price 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 stock was purchased at an average price of $7.96 per share, with a total value of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc bought 114,700 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.60 per share, with a total value of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc bought 396,004 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.73 per share, with a total value 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 purchased 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 bought 89,301 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.38 per share, with a total value of $748,342.38.

1-800-FLOWERS.COM Price Performance

Shares of NASDAQ:FLWS opened at $7.66 on Friday. The company’s 50-day moving average is $8.03 and its 200 day moving average is $8.14. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. The company has a market capitalization of $487.18 million, a P/E ratio of -69.64 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $6.56 and a fifty-two week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing analysts’ consensus estimates 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, equities research analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Nomura Holdings Inc. lifted its holdings in 1-800-FLOWERS.COM by 63.6% during the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after purchasing an additional 1,143,027 shares during the last quarter. Fund 1 Investments LLC lifted its holdings in 1-800-FLOWERS.COM by 12.4% during the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after purchasing an additional 461,000 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in 1-800-FLOWERS.COM by 117.4% during the fourth quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock valued at $2,853,000 after purchasing an additional 188,582 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in 1-800-FLOWERS.COM during the third quarter valued at about $947,000. Finally, Empowered Funds LLC lifted its holdings in 1-800-FLOWERS.COM by 50.3% during the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock valued at $2,701,000 after purchasing an additional 114,072 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

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.