1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Purchases 265,500 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 265,500 shares of the stock in a transaction on Friday, February 7th. The stock was acquired at an average cost of $8.04 per share, with a total value of $2,134,620.00. Following the acquisition, the insider now owns 6,244,469 shares of the company’s stock, valued at approximately $50,205,530.76. This represents a 4.44 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 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 5th, Fund 1 Investments, Llc purchased 35,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost 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 price of $7.60 per share, for a total transaction of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc acquired 396,004 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.73 per share, for a total transaction of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc bought 73,100 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 acquired 89,301 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 acquired 37,000 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 97,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 acquired 61,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.33 per share, with a total value of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc purchased 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.

1-800-FLOWERS.COM Price Performance

Shares of FLWS traded down $0.05 during trading hours on Friday, hitting $8.05. 720,896 shares of the company were exchanged, compared to its average volume of 626,009. The firm has a fifty day simple moving average of $7.94 and a 200-day simple moving average of $8.23. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. The company has a market capitalization of $516.97 million, a PE ratio of -73.18, a PEG ratio of 3.15 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a one year low of $6.56 and a one year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly 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 0.77%. As a group, sell-side analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp boosted its stake in shares of 1-800-FLOWERS.COM by 0.5% during the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after buying an additional 2,886 shares during the period. Empowered Funds LLC increased its position in 1-800-FLOWERS.COM by 5.1% during the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock worth $2,925,000 after buying an additional 17,351 shares during the last quarter. Rice Hall James & Associates LLC raised its stake in shares of 1-800-FLOWERS.COM by 23.6% in the 3rd quarter. Rice Hall James & Associates LLC now owns 218,811 shares of the specialty retailer’s stock valued at $1,735,000 after acquiring an additional 41,737 shares in the last quarter. Aviance Capital Partners LLC lifted its stake in shares of 1-800-FLOWERS.COM by 20.9% in the fourth quarter. Aviance Capital Partners LLC now owns 191,135 shares of the specialty retailer’s stock worth $1,562,000 after buying an additional 33,083 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in shares of 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 valued at $1,295,000 after purchasing an additional 48,321 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FLWS has been the subject of a number of analyst reports. DA Davidson reissued a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, February 1st. Finally, StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th.

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.