1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Purchases 93,500 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 93,500 shares of the stock in a transaction dated Monday, February 24th. The stock was purchased at an average cost of $7.58 per share, for a total transaction of $708,730.00. Following the completion of the acquisition, the insider now owns 7,178,469 shares of the company’s stock, valued at approximately $54,412,795.02. This represents a 1.32 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 Wednesday, February 26th, Fund 1 Investments, Llc bought 66,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $7.36 per share, for a total transaction of $485,760.00.
• On Friday, February 21st, Fund 1 Investments, Llc purchased 310,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.72 per share, with a total value of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc purchased 40,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.57 per share, for a total transaction 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 cost of $8.66 per share, with a total value of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc bought 70,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.12 per share, for a total transaction 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 acquired 265,500 shares of 1-800-FLOWERS.COM stock. The stock was 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 shares were bought 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 purchased 114,700 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 shares were bought at an average cost of $7.73 per share, with a total value of $3,061,110.92.

1-800-FLOWERS.COM Price Performance

FLWS stock opened at $7.27 on Thursday. The firm has a market cap of $462.38 million, a P/E ratio of -66.09 and a beta of 1.58. The firm’s fifty day moving average is $8.03 and its 200 day moving average is $8.10. 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 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 announced 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%. Research analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

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

Large investors have recently bought and sold shares of the stock. Fund 1 Investments LLC boosted its stake in shares of 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 period. Nomura Holdings Inc. raised its holdings in 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 valued at $24,033,000 after buying an additional 1,143,027 shares during the last quarter. Gamco Investors INC. ET AL boosted its position in 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 valued at $10,493,000 after buying an additional 76,400 shares during the period. State Street Corp grew its holdings in 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 worth $4,755,000 after acquiring an additional 2,886 shares during the last quarter. Finally, Empowered Funds LLC increased its position 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 acquiring an additional 17,351 shares during the period. 38.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

FLWS has been the topic of a number of research reports. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Wednesday, February 19th. DA Davidson reissued a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. Finally, StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note 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.