Fund 1 Investments, Llc Purchases 97,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 97,000 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was bought at an average cost of $7.64 per share, for a total transaction of $741,080.00. Following the transaction, the insider now directly owns 4,542,364 shares of the company’s stock, valued at $34,703,660.96. The trade was a 2.18 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% 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 Monday, January 13th, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost 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 bought at an average price of $7.18 per share, with a total value of $359,000.00.
• On Monday, November 4th, Fund 1 Investments, Llc sold 40,000 shares of 1-800-FLOWERS.COM stock. The stock was sold at an average price of $7.80, for a total value of $312,000.00.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS opened at $8.16 on Friday. 1-800-FLOWERS.COM, Inc. has a 1 year low of $7.01 and a 1 year high of $11.42. The stock has a market capitalization of $524.04 million, a PE ratio of -58.29, a PEG ratio of 2.81 and a beta of 1.58. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44. The stock has a 50-day simple moving average of $7.89 and a 200-day simple moving average of $8.39.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.02. The firm had revenue of $193.20 million during the quarter, compared to the consensus estimate of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The company’s revenue was down 28.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.48) earnings per share. On average, analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FLWS has been the subject of a number of research reports. DA Davidson lifted their price objective on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research note on Thursday, October 31st. 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.

Institutional Trading of 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FLWS. American Century Companies Inc. grew its position in shares of 1-800-FLOWERS.COM by 37.7% in the 2nd quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock valued at $5,307,000 after buying an additional 152,536 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in 1-800-FLOWERS.COM by 5.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after acquiring an additional 129,627 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of 1-800-FLOWERS.COM during the third quarter worth about $947,000. Empowered Funds LLC increased its position 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 worth $2,701,000 after purchasing an additional 114,072 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of 1-800-FLOWERS.COM by 15.7% in the 2nd quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock valued at $6,540,000 after purchasing an additional 93,041 shares during the last quarter. Institutional investors and hedge funds 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.