Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys 93,500 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 93,500 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was purchased at an average price of $7.58 per share, for a total transaction of $708,730.00. Following the completion of the acquisition, the insider now owns 7,178,469 shares of the company’s stock, valued at approximately $54,412,795.02. This represents a 1.32 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own at least 10% 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 Wednesday, February 26th, Fund 1 Investments, Llc bought 66,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.36 per share, for a total transaction of $485,760.00.
• On Friday, February 21st, Fund 1 Investments, Llc bought 310,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.72 per share, for a total transaction of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc bought 40,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.57 per share, for a total transaction of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc bought 1,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.66 per share, for a total transaction of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc bought 70,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.12 per share, for a total transaction of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc bought 20,500 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 bought 265,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.04 per share, for a total transaction of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc bought 35,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price 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 acquired at an average cost of $7.60 per share, for a total transaction 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 acquired at an average cost of $7.73 per share, for a total transaction of $3,061,110.92.

1-800-FLOWERS.COM Price Performance

1-800-FLOWERS.COM stock opened at $6.90 on Friday. 1-800-FLOWERS.COM, Inc. has a 12 month low of $6.56 and a 12 month high of $11.42. The stock’s 50 day moving average is $8.02 and its 200-day moving average is $8.08. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $438.85 million, a price-to-earnings ratio of -62.73 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted 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 net margin of 0.43% and a negative return on equity of 0.76%. Equities research analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On 1-800-FLOWERS.COM

Several institutional investors and hedge funds have recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. grew its position in shares of 1-800-FLOWERS.COM by 3.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock valued at $353,000 after purchasing an additional 1,472 shares during the last quarter. Two Sigma Advisers LP grew its position in shares of 1-800-FLOWERS.COM by 13.0% in the fourth quarter. Two Sigma Advisers LP now owns 13,900 shares of the specialty retailer’s stock valued at $114,000 after purchasing an additional 1,600 shares during the last quarter. JPMorgan Chase & Co. grew its position in 1-800-FLOWERS.COM by 13.0% during the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after buying an additional 1,623 shares in the last quarter. Jones Financial Companies Lllp grew its position in 1-800-FLOWERS.COM by 120.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock worth $30,000 after buying an additional 1,999 shares in the last quarter. Finally, Northern Trust Corp grew its position in 1-800-FLOWERS.COM by 1.1% during the fourth quarter. Northern Trust Corp now owns 244,373 shares of the specialty retailer’s stock worth $1,997,000 after buying an additional 2,663 shares in the last quarter. Institutional investors and hedge funds 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.