Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys 396,004 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 396,004 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was acquired at an average price of $7.73 per share, for a total transaction of $3,061,110.92. Following the purchase, the insider now directly owns 5,154,769 shares in the company, valued at approximately $39,846,364.37. The trade was a 8.32 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own more than 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 Tuesday, January 28th, Fund 1 Investments, Llc purchased 73,100 shares of 1-800-FLOWERS.COM stock. The shares were acquired 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 acquired at an average price of $8.38 per share, with a total value of $748,342.38.
• On Friday, January 17th, Fund 1 Investments, Llc bought 37,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $8.15 per share, with a total value of $301,550.00.
• On Wednesday, January 15th, Fund 1 Investments, Llc purchased 97,000 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 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, for a total transaction 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 transaction of $312,000.00.

1-800-FLOWERS.COM Trading Down 8.4 %

Shares of FLWS stock opened at $8.09 on Friday. The stock has a market capitalization of $519.54 million, a price-to-earnings ratio of -57.79, a PEG ratio of 3.29 and a beta of 1.58. The company’s fifty day simple moving average is $7.96 and its two-hundred day simple moving average is $8.31. 1-800-FLOWERS.COM, Inc. has a 1 year low of $6.56 and a 1 year high of $11.42. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data 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 0.50% and a positive return on equity of 2.10%. As a group, analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

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

A number of institutional investors and hedge funds have recently modified their holdings of FLWS. nVerses Capital LLC bought a new stake in 1-800-FLOWERS.COM during the 3rd quarter worth approximately $41,000. SG Americas Securities LLC bought a new position in shares of 1-800-FLOWERS.COM in the third quarter worth $106,000. JPMorgan Chase & Co. increased 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 worth $112,000 after purchasing an additional 1,623 shares during the period. Paloma Partners Management Co bought a new stake in 1-800-FLOWERS.COM during the third quarter valued at $121,000. Finally, Arkadios Wealth Advisors grew its position in 1-800-FLOWERS.COM by 12.9% during the fourth quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock worth $288,000 after buying an additional 4,015 shares in the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on FLWS. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th. 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 objective on shares of 1-800-FLOWERS.COM in a research note on Thursday.

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.