1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires $74,250.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 12,500 shares of the business’s stock in a transaction on Monday, March 31st. The shares were acquired at an average price of $5.94 per share, for a total transaction of $74,250.00. Following the completion of the purchase, the insider now directly owns 8,180,469 shares of the company’s stock, valued at approximately $48,591,985.86. This trade represents a 0.15 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Friday, March 28th, Fund 1 Investments, Llc acquired 2,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $5.80 per share, with a total value of $11,600.00.
• On Wednesday, March 26th, Fund 1 Investments, Llc purchased 5,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $6.01 per share, with a total value of $30,050.00.
• On Monday, March 24th, Fund 1 Investments, Llc acquired 30,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $5.92 per share, for a total transaction of $177,600.00.
• On Thursday, March 20th, Fund 1 Investments, Llc bought 156,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $5.62 per share, with a total value of $879,530.00.
• On Tuesday, March 18th, Fund 1 Investments, Llc acquired 25,000 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 bought 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 purchased 61,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $6.62 per share, with a total value 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 purchased 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 acquired 66,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased 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 purchased 93,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $7.58 per share, for a total transaction of $708,730.00.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS stock opened at $5.60 on Friday. The stock’s 50-day moving average is $7.08 and its two-hundred day moving average is $7.67. 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, Inc. has a 1 year low of $5.00 and a 1 year high of $11.10. The firm has a market cap of $356.17 million, a price-to-earnings ratio of -50.91 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 earnings per share (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%. 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

A number of institutional investors have recently modified their holdings of the business. Fund 1 Investments LLC boosted its stake 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 worth $34,105,000 after purchasing an additional 461,000 shares during the period. Nomura Holdings Inc. boosted its stake in shares of 1-800-FLOWERS.COM by 63.6% during the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after buying an additional 1,143,027 shares during the period. Gamco Investors INC. ET AL grew its holdings in shares of 1-800-FLOWERS.COM by 6.3% during the fourth quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock worth $10,493,000 after buying an additional 76,400 shares during the last quarter. State Street Corp increased its position 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 valued at $4,755,000 after acquiring an additional 2,886 shares during the period. Finally, Empowered Funds LLC raised its stake 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 acquiring an additional 17,351 shares during the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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.