1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Purchases 2,000 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 2,000 shares of the business’s stock in a transaction on Friday, March 28th. The shares were bought at an average cost of $5.80 per share, for a total transaction of $11,600.00. Following the completion of the transaction, the insider now directly owns 8,167,969 shares in the company, valued at $47,374,220.20. This trade represents a 0.02 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• On Wednesday, March 26th, Fund 1 Investments, Llc bought 5,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $6.01 per share, for a total transaction of $30,050.00.
• On Monday, March 24th, Fund 1 Investments, Llc purchased 30,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $5.92 per share, with a total value of $177,600.00.
• On Thursday, March 20th, Fund 1 Investments, Llc acquired 156,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $5.62 per share, for a total transaction of $879,530.00.
• On Tuesday, March 18th, Fund 1 Investments, Llc bought 25,000 shares of 1-800-FLOWERS.COM stock. The stock was 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 purchased 15,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price 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 purchased 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 purchased 56,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $6.91 per share, with a total value of $390,415.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc purchased 66,000 shares of 1-800-FLOWERS.COM stock. The shares were 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.

1-800-FLOWERS.COM Stock Down 1.8 %

Shares of FLWS opened at $5.85 on Friday. The stock has a 50 day moving average price of $7.35 and a 200 day moving average price of $7.74. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. The stock has a market capitalization of $372.07 million, a price-to-earnings ratio of -53.18 and a beta of 1.81. 1-800-FLOWERS.COM, Inc. has a one year low of $5.43 and a one year high of $11.10.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its 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 net margin of 0.43% and a negative return on equity of 0.76%. Equities research analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FLWS. First Eagle Investment Management LLC lifted its position in 1-800-FLOWERS.COM by 117.4% during the fourth quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock worth $2,853,000 after buying an additional 188,582 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of 1-800-FLOWERS.COM by 13.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after acquiring an additional 1,623 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in shares of 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock worth $288,000 after acquiring an additional 4,015 shares during the period. Jane Street Group LLC boosted its position in shares of 1-800-FLOWERS.COM by 66.1% during the 3rd quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock valued at $448,000 after acquiring an additional 22,460 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of 1-800-FLOWERS.COM by 120.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 1,999 shares during the period. 38.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on FLWS. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, March 22nd. DA Davidson reaffirmed a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th.

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.