1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $177,600.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc acquired 30,000 shares of 1-800-FLOWERS.COM stock in a transaction dated Monday, March 24th. The stock was purchased at an average price of $5.92 per share, with a total value of $177,600.00. Following the completion of the purchase, the insider now directly owns 8,108,969 shares of the company’s stock, valued at $48,005,096.48. The trade was a 0.37 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 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 Thursday, March 20th, Fund 1 Investments, Llc bought 156,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $5.62 per share, for a total transaction of $879,530.00.
• On Tuesday, March 18th, Fund 1 Investments, Llc purchased 25,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $5.52 per share, with a total value of $138,000.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc acquired 15,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $6.43 per share, with a total value of $99,665.00.
• On Monday, March 3rd, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 56,500 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price 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 bought 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 purchased 93,500 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 310,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.72 per share, for a total transaction 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 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 purchased 1,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $8.66 per share, for a total transaction of $8,660.00.

1-800-FLOWERS.COM Stock Up 0.8 %

Shares of FLWS opened at $5.98 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. The company has a 50-day moving average price of $7.44 and a two-hundred day moving average price of $7.76. The stock has a market cap of $380.33 million, a price-to-earnings ratio of -54.36 and a beta of 1.81. 1-800-FLOWERS.COM, Inc. has a 12 month low of $5.43 and a 12 month high of $11.10.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing the consensus estimate 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%. Equities analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Several institutional investors and hedge funds have recently made changes to their positions in the company. Fund 1 Investments LLC lifted its holdings in 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 during the last quarter. Nomura Holdings Inc. raised its stake in shares of 1-800-FLOWERS.COM by 63.6% in the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after acquiring an additional 1,143,027 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of 1-800-FLOWERS.COM by 6.3% in 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 acquiring an additional 76,400 shares in the last quarter. State Street Corp grew its position in 1-800-FLOWERS.COM by 0.5% during 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 holdings in 1-800-FLOWERS.COM by 5.1% during the 4th quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock valued at $2,925,000 after purchasing an additional 17,351 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on FLWS. DA Davidson restated a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, March 22nd.

About 1-800-FLOWERS.COM

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.