Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires 37,000 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc acquired 37,000 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were purchased at an average cost of $8.15 per share, with a total value of $301,550.00. Following the acquisition, the insider now owns 4,579,364 shares of the company’s stock, valued at approximately $37,321,816.60. This represents a 0.81 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 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 Wednesday, January 22nd, Fund 1 Investments, Llc purchased 89,301 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.38 per share, for a total transaction of $748,342.38.
• On Wednesday, January 15th, Fund 1 Investments, Llc acquired 97,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $7.64 per share, for a total transaction of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc acquired 61,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.33 per share, for a total transaction of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc bought 50,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.18 per share, with a total value of $359,000.00.
• On Monday, November 4th, Fund 1 Investments, Llc sold 40,000 shares of 1-800-FLOWERS.COM stock. The stock was sold at an average price of $7.80, for a total transaction of $312,000.00.

1-800-FLOWERS.COM Stock Performance

Shares of NASDAQ:FLWS opened at $8.40 on Thursday. The firm has a market cap of $539.45 million, a price-to-earnings ratio of -60.00, a PEG ratio of 3.19 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 12 month low of $7.01 and a 12 month high of $11.42. The company’s fifty day simple moving average is $7.83 and its 200 day simple moving average is $8.34. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.53) by $0.02. The firm had revenue of $193.20 million for the quarter, compared to the consensus estimate of $246.88 million. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The company’s revenue for the quarter was down 28.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.48) EPS. As a group, research analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. DA Davidson lifted their price objective on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, January 18th.

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

Institutional investors have recently bought and sold shares of the company. American Century Companies Inc. raised its holdings in shares of 1-800-FLOWERS.COM by 37.7% in the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock valued at $5,307,000 after purchasing an additional 152,536 shares during the last quarter. Dimensional Fund Advisors LP grew its position in 1-800-FLOWERS.COM by 5.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after purchasing an additional 129,627 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in 1-800-FLOWERS.COM in the 3rd quarter valued at $947,000. Empowered Funds LLC lifted its position in 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 buying an additional 114,072 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of 1-800-FLOWERS.COM by 15.7% during the 2nd quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock worth $6,540,000 after buying an additional 93,041 shares during the last quarter. Institutional investors own 38.43% of the company’s stock.

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.