1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $879,530.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 156,500 shares of the company’s stock in a transaction on Thursday, March 20th. The shares were acquired at an average cost of $5.62 per share, for a total transaction of $879,530.00. Following the completion of the acquisition, the insider now directly owns 8,035,969 shares of the company’s stock, valued at $45,162,145.78. This trade represents a 1.99 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more 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 Tuesday, March 18th, Fund 1 Investments, Llc bought 25,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $5.52 per share, for a total transaction of $138,000.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc bought 15,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $6.43 per share, for a total transaction of $99,665.00.
• 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 cost of $6.62 per share, for a total transaction 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 acquired at an average cost of $6.91 per share, for a total transaction 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 acquired at an average cost of $7.36 per share, for a total transaction of $485,760.00.
• On Monday, February 24th, Fund 1 Investments, Llc acquired 93,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 acquired 310,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 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 stock was purchased at an average cost of $8.66 per share, for a total transaction of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc acquired 70,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.12 per share, for a total transaction of $572,460.00.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS opened at $5.80 on Friday. The firm has a 50-day moving average price of $7.53 and a 200 day moving average price of $7.79. The firm has a market capitalization of $368.89 million, a PE ratio of -52.73 and a beta of 1.81. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM, Inc. has a 52-week low of $5.43 and a 52-week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results 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 anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

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

Several large investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of 1-800-FLOWERS.COM by 13.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 91,101 shares of the specialty retailer’s stock valued at $744,000 after purchasing an additional 10,584 shares in the last quarter. Wolverine Trading LLC bought a new position in shares of 1-800-FLOWERS.COM during the 4th quarter valued at about $110,000. Two Sigma Advisers LP boosted its position in shares of 1-800-FLOWERS.COM by 13.0% during the 4th quarter. Two Sigma Advisers LP now owns 13,900 shares of the specialty retailer’s stock valued at $114,000 after purchasing an additional 1,600 shares in the last quarter. Nomura Holdings Inc. boosted 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 valued at $24,033,000 after purchasing an additional 1,143,027 shares in the last quarter. Finally, Fund 1 Investments LLC boosted its position in shares of 1-800-FLOWERS.COM by 12.4% during the 4th 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 in the last quarter. Institutional investors own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on FLWS. DA Davidson reaffirmed a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Friday, March 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research report on Friday, March 7th.

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.