Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases 20,500 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 20,500 shares of the stock in a transaction dated Monday, February 10th. The stock was bought at an average cost of $8.01 per share, with a total value of $164,205.00. Following the purchase, the insider now owns 6,264,969 shares in the company, valued at $50,182,401.69. The trade was a 0.33 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more 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, February 12th, Fund 1 Investments, Llc purchased 70,500 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost of $8.12 per share, for a total transaction of $572,460.00.
• On Friday, February 7th, Fund 1 Investments, Llc acquired 265,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $8.04 per share, with a total value of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc bought 35,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.96 per share, for a total transaction of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc purchased 114,700 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $7.60 per share, with a total value of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc acquired 396,004 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.73 per share, for a total transaction of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc bought 73,100 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $8.68 per share, for a total transaction of $634,508.00.
• 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 Friday, January 17th, Fund 1 Investments, Llc acquired 37,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.15 per share, for a total transaction of $301,550.00.
• On Wednesday, January 15th, Fund 1 Investments, Llc purchased 97,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price 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 stock was bought at an average price of $7.33 per share, with a total value of $447,130.00.

1-800-FLOWERS.COM Stock Down 1.7 %

Shares of NASDAQ:FLWS traded down $0.14 during midday trading on Wednesday, reaching $8.24. The company’s stock had a trading volume of 691,419 shares, compared to its average volume of 635,094. 1-800-FLOWERS.COM, Inc. has a 12-month low of $6.56 and a 12-month high of $11.42. The firm has a market capitalization of $524.06 million, a P/E ratio of -74.91 and a beta of 1.58. The firm has a 50 day moving average of $7.95 and a 200-day moving average of $8.19. The company has a quick ratio of 0.41, a current ratio of 1.51 and a debt-to-equity ratio of 0.32.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share 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, research analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

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

Hedge funds have recently added to or reduced their stakes in the stock. First Eagle Investment Management LLC lifted its position in 1-800-FLOWERS.COM by 117.4% in the 4th quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock valued at $2,853,000 after acquiring an additional 188,582 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of 1-800-FLOWERS.COM in the third quarter worth $947,000. Empowered Funds LLC lifted its holdings in shares of 1-800-FLOWERS.COM by 50.3% during the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock valued at $2,701,000 after purchasing an additional 114,072 shares in the last quarter. Systematic Financial Management LP purchased a new stake in shares of 1-800-FLOWERS.COM during the third quarter valued at $484,000. Finally, Quest Partners LLC bought a new stake in 1-800-FLOWERS.COM in the 3rd quarter worth about $452,000. 38.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

FLWS has been the topic of several research analyst reports. StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, February 1st. Finally, DA Davidson restated a “neutral” rating and issued a $7.50 target price on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th.

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.