1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys $99,665.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc acquired 15,500 shares of 1-800-FLOWERS.COM stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average cost of $6.43 per share, with a total value of $99,665.00. Following the completion of the purchase, the insider now owns 7,658,469 shares of the company’s stock, valued at approximately $49,243,955.67. This represents a 0.20 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 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, March 3rd, Fund 1 Investments, Llc acquired 61,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $6.62 per share, with a total value of $403,820.00.
• On Friday, February 28th, Fund 1 Investments, Llc bought 56,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $6.91 per share, with a total value of $390,415.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc bought 66,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.36 per share, with a total value 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 bought 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 bought 310,000 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 bought 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 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 shares were 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 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 shares were acquired at an average price of $8.04 per share, with a total value of $2,134,620.00.

1-800-FLOWERS.COM Price Performance

1-800-FLOWERS.COM stock opened at $6.55 on Monday. 1-800-FLOWERS.COM, Inc. has a 12-month low of $6.13 and a 12-month high of $11.42. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. The firm has a 50-day moving average price of $7.90 and a 200-day moving average price of $7.97. The firm has a market capitalization of $416.59 million, a PE ratio of -59.55 and a beta of 1.81.

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

Wall Street Analysts Forecast Growth

Several equities analysts have commented on FLWS shares. DA Davidson reiterated a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Thursday, January 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research report on Friday.

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

A number of large investors have recently made changes to their positions in FLWS. GSA Capital Partners LLP purchased a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter worth about $947,000. Empowered Funds LLC boosted 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 purchasing an additional 114,072 shares during the period. Quest Partners LLC purchased a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter worth about $452,000. Aviance Capital Partners LLC boosted its stake in shares of 1-800-FLOWERS.COM by 21.9% during the 3rd quarter. Aviance Capital Partners LLC now owns 158,052 shares of the specialty retailer’s stock worth $1,253,000 after purchasing an additional 28,437 shares during the period. Finally, Paloma Partners Management Co purchased a new stake in 1-800-FLOWERS.COM in the 3rd quarter valued at about $121,000. 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.