1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Acquires 56,500 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 56,500 shares of the business’s stock in a transaction dated Friday, February 28th. The shares were purchased at an average price of $6.91 per share, for a total transaction of $390,415.00. Following the transaction, the insider now directly owns 7,581,969 shares of the company’s stock, valued at approximately $52,391,405.79. This represents a 0.75 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own 10% or more 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 Monday, March 3rd, Fund 1 Investments, Llc bought 61,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $6.62 per share, for a total transaction of $403,820.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc purchased 66,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.36 per share, for a total transaction of $485,760.00.
• On Monday, February 24th, Fund 1 Investments, Llc acquired 93,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $7.58 per share, for a total transaction of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc acquired 310,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $7.72 per share, for a total transaction of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc acquired 40,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $8.57 per share, for a total transaction of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc purchased 1,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.66 per share, with a total value of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc purchased 70,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.12 per share, with a total value of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc purchased 20,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.01 per share, with a total value of $164,205.00.
• 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 price 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 bought at an average price of $7.96 per share, with a total value of $278,600.00.

1-800-FLOWERS.COM Stock Performance

NASDAQ:FLWS opened at $6.46 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The firm has a 50-day moving average of $8.00 and a two-hundred day moving average of $8.04. The stock has a market cap of $410.86 million, a P/E ratio of -58.73 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 1-year low of $6.43 and a 1-year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its 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 net margin of 0.43% and a negative return on equity of 0.76%. On average, research analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on FLWS shares. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. DA Davidson reiterated a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Wednesday, February 19th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FLWS. Empowered Funds LLC boosted its holdings in shares of 1-800-FLOWERS.COM by 50.3% in the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock valued at $2,701,000 after acquiring an additional 114,072 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of 1-800-FLOWERS.COM by 13.0% in the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after acquiring an additional 1,623 shares in the last quarter. GSA Capital Partners LLP bought a new position in shares of 1-800-FLOWERS.COM in the third quarter valued at approximately $947,000. Arkadios Wealth Advisors boosted its holdings in shares of 1-800-FLOWERS.COM by 12.9% in the fourth quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock valued at $288,000 after acquiring an additional 4,015 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of 1-800-FLOWERS.COM by 66.1% in the third quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock valued at $448,000 after acquiring an additional 22,460 shares in the last quarter. Institutional investors own 38.43% of the company’s stock.

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.