1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $2,393,200.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 310,000 shares of 1-800-FLOWERS.COM stock in a transaction on Friday, February 21st. The shares were bought at an average price of $7.72 per share, for a total transaction of $2,393,200.00. Following the acquisition, the insider now owns 7,084,969 shares of the company’s stock, valued at approximately $54,695,960.68. The trade was a 4.58 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, February 19th, Fund 1 Investments, Llc purchased 40,500 shares of 1-800-FLOWERS.COM stock. The shares were 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 acquired at an average cost of $8.66 per share, for a total transaction 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 acquired at an average cost of $8.12 per share, for a total transaction 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 acquired at an average cost of $8.01 per share, for a total transaction of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc purchased 265,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost 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 stock was purchased 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 bought 114,700 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 bought 396,004 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost 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 cost 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 cost of $8.38 per share, for a total transaction of $748,342.38.

1-800-FLOWERS.COM Price Performance

1-800-FLOWERS.COM stock opened at $7.66 on Friday. 1-800-FLOWERS.COM, Inc. has a 52 week low of $6.56 and a 52 week high of $11.42. The stock has a fifty day moving average of $8.03 and a 200-day moving average of $8.14. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. The stock has a market capitalization of $487.18 million, a P/E ratio of -69.64 and a beta of 1.58.

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 return on equity of 0.76% and a negative net margin of 0.43%. On average, sell-side analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp grew its position in shares of 1-800-FLOWERS.COM by 120.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 1,999 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of 1-800-FLOWERS.COM in the 4th quarter valued at about $37,000. Quantbot Technologies LP bought a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter valued at about $84,000. XTX Topco Ltd bought a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter valued at about $92,000. Finally, Inceptionr LLC bought a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter valued at about $101,000. Institutional investors own 38.43% of the company’s stock.

Wall Street Analyst Weigh In

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

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.