Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases 70,500 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 70,500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was acquired at an average cost of $8.12 per share, for a total transaction of $572,460.00. Following the purchase, the insider now owns 6,384,469 shares in the company, valued at approximately $51,841,888.28. This trade represents a 1.12 % increase in their position. The purchase 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 sales and purchases with the SEC.

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

• On Monday, February 10th, Fund 1 Investments, Llc acquired 20,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.01 per share, for a total transaction of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc acquired 265,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired 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 acquired 35,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.96 per share, with a total value of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc bought 114,700 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.60 per share, with a total value of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc purchased 396,004 shares of 1-800-FLOWERS.COM stock. The shares were purchased 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 shares were acquired at an average price of $8.68 per share, for a total transaction of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc bought 89,301 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 bought 37,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $8.15 per share, with a total value of $301,550.00.
• On Wednesday, January 15th, Fund 1 Investments, Llc bought 97,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 bought 61,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.33 per share, for a total transaction of $447,130.00.

1-800-FLOWERS.COM Stock Down 1.7 %

FLWS stock opened at $8.24 on Thursday. The stock has a market cap of $524.06 million, a P/E ratio of -74.91 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 1-year low of $6.56 and a 1-year high of $11.42. The company has a current ratio of 1.51, a quick ratio of 0.41 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $7.95 and its two-hundred day simple moving average is $8.19.

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 the consensus estimate 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 expect that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Institutional Trading of 1-800-FLOWERS.COM

Hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp boosted its stake in 1-800-FLOWERS.COM by 120.1% during the 4th 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 last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth $37,000. nVerses Capital LLC bought a new position in shares of 1-800-FLOWERS.COM in the third quarter worth about $41,000. Quantbot Technologies LP purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth $84,000. Finally, Inceptionr LLC purchased a new position in shares of 1-800-FLOWERS.COM in the fourth quarter valued at about $101,000. Institutional investors own 38.43% of the company’s stock.

Wall Street Analyst Weigh In

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

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.