Fund 1 Investments, Llc Buys 114,700 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc acquired 114,700 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were acquired at an average cost of $7.60 per share, with a total value of $871,720.00. Following the acquisition, the insider now directly owns 5,874,469 shares of the company’s stock, valued at $44,645,964.40. This represents a 1.99 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 Thursday, January 30th, Fund 1 Investments, Llc bought 396,004 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.73 per share, with a total value of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc purchased 73,100 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 acquired 89,301 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $8.38 per share, with a total value of $748,342.38.
• On Friday, January 17th, Fund 1 Investments, Llc purchased 37,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased 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 shares were purchased at an average cost of $7.64 per share, with a total value 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 purchased at an average price 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 price of $7.18 per share, with a total value of $359,000.00.

1-800-FLOWERS.COM Trading Up 4.1 %

FLWS stock traded up $0.32 during midday trading on Tuesday, hitting $8.09. The company had a trading volume of 818,273 shares, compared to its average volume of 619,353. The stock has a market cap of $519.54 million, a price-to-earnings ratio of -73.55, a PEG ratio of 3.15 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 52 week low of $6.56 and a 52 week high of $11.42. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40. The stock’s 50 day moving average price is $7.95 and its 200 day moving average price is $8.24.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly 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 0.77%. As a group, equities research analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on FLWS. DA Davidson restated a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. GSA Capital Partners LLP purchased a new position in shares of 1-800-FLOWERS.COM during the third quarter valued at about $947,000. Empowered Funds LLC grew its holdings in shares of 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 acquiring an additional 114,072 shares during the period. Systematic Financial Management LP bought a new stake in shares of 1-800-FLOWERS.COM during the third quarter valued at approximately $484,000. Quest Partners LLC purchased a new stake in 1-800-FLOWERS.COM in the third quarter worth $452,000. Finally, AQR Capital Management LLC raised its holdings in 1-800-FLOWERS.COM by 55.1% in the second quarter. AQR Capital Management LLC now owns 136,020 shares of the specialty retailer’s stock worth $1,295,000 after purchasing an additional 48,321 shares in 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.