1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys $390,415.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 56,500 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of $6.91 per share, for a total transaction of $390,415.00. Following the acquisition, the insider now owns 7,581,969 shares of the company’s stock, valued at $52,391,405.79. The trade was a 0.75 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Major 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 Monday, March 3rd, Fund 1 Investments, Llc bought 61,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $6.62 per share, for a total transaction of $403,820.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc acquired 66,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $7.36 per share, for a total transaction of $485,760.00.
• On Monday, February 24th, Fund 1 Investments, Llc bought 93,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.58 per share, with a total value of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc purchased 310,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost of $7.72 per share, for a total transaction of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc acquired 40,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $8.57 per share, with a total value of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc bought 1,000 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 purchased 70,500 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 acquired 20,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $8.01 per share, for a total transaction of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc purchased 265,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 acquired 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.

1-800-FLOWERS.COM Stock Up 3.1 %

NASDAQ:FLWS opened at $6.59 on Thursday. The stock has a 50-day simple moving average of $7.97 and a 200 day simple moving average of $8.02. 1-800-FLOWERS.COM, Inc. has a 52-week low of $6.13 and a 52-week high of $11.42. The company has a market cap of $419.13 million, a PE ratio of -59.91 and a beta of 1.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted 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%. On average, sell-side analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FLWS has been the topic of several recent analyst reports. DA Davidson reiterated a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. 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. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Wednesday, February 19th.

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

Large investors have recently modified their holdings of the business. Fund 1 Investments LLC raised 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 worth $34,105,000 after acquiring an additional 461,000 shares in the last quarter. Nomura Holdings Inc. increased its position in shares of 1-800-FLOWERS.COM by 63.6% during the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after purchasing an additional 1,143,027 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in shares of 1-800-FLOWERS.COM by 6.3% during the 4th quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock worth $10,493,000 after purchasing an additional 76,400 shares in the last quarter. State Street Corp boosted its holdings in shares of 1-800-FLOWERS.COM by 0.5% in the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after buying an additional 2,886 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in shares of 1-800-FLOWERS.COM by 5.1% in the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock valued at $2,925,000 after buying an additional 17,351 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.