1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $485,760.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 66,000 shares of 1-800-FLOWERS.COM stock in a transaction dated Wednesday, February 26th. The stock was bought at an average price of $7.36 per share, for a total transaction of $485,760.00. Following the completion of the transaction, the insider now directly owns 7,307,469 shares in the company, valued at $53,782,971.84. The trade was a 0.91 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 24th, Fund 1 Investments, Llc bought 93,500 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost of $7.58 per share, for a total transaction of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc bought 310,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.72 per share, with a total value of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc acquired 40,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 acquired 1,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.66 per share, for a total transaction of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc bought 70,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost 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 stock was bought 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 acquired 265,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.04 per share, for a total transaction 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 bought at an average cost of $7.96 per share, with a total value of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc acquired 114,700 shares of 1-800-FLOWERS.COM stock. The shares were purchased 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 bought 396,004 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.73 per share, for a total transaction of $3,061,110.92.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS opened at $7.27 on Thursday. The company has a market cap of $462.38 million, a PE ratio of -66.09 and a beta of 1.58. The firm has a 50-day moving average of $8.03 and a 200-day moving average of $8.10. 1-800-FLOWERS.COM, Inc. has a one year low of $6.56 and a one year high of $11.42. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Hennion & Walsh Asset Management Inc. lifted its holdings in 1-800-FLOWERS.COM by 3.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock valued at $353,000 after purchasing an additional 1,472 shares during the last quarter. Rice Hall James & Associates LLC increased its holdings in shares of 1-800-FLOWERS.COM by 23.6% in the third quarter. Rice Hall James & Associates LLC now owns 218,811 shares of the specialty retailer’s stock valued at $1,735,000 after purchasing an additional 41,737 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of 1-800-FLOWERS.COM in the third quarter valued at about $947,000. Empowered Funds LLC lifted its stake in shares of 1-800-FLOWERS.COM by 50.3% during the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after buying an additional 114,072 shares during the last quarter. Finally, Quest Partners LLC bought a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter worth about $452,000. 38.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on FLWS shares. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Wednesday, February 19th. DA Davidson restated a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th. Finally, StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th.

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.