Fund 1 Investments, Llc Purchases 73,100 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 73,100 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The stock was purchased at an average price of $8.68 per share, with a total value of $634,508.00. Following the transaction, the insider now owns 4,741,765 shares in the company, valued at approximately $41,158,520.20. This represents a 1.57 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large 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 Thursday, January 30th, Fund 1 Investments, Llc acquired 396,004 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.73 per share, with a total value of $3,061,110.92.
• On Wednesday, January 22nd, Fund 1 Investments, Llc bought 89,301 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $8.38 per share, for a total transaction 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, 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 stock was 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 stock was purchased 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 shares were bought at an average cost 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 value of $312,000.00.

1-800-FLOWERS.COM Price Performance

Shares of NASDAQ:FLWS opened at $8.03 on Friday. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $6.56 and a fifty-two week high of $11.42. The business has a 50-day moving average of $7.96 and a two-hundred day moving average of $8.29. The stock has a market capitalization of $515.69 million, a P/E ratio of -57.36, a P/E/G ratio of 3.46 and a beta of 1.58. 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 announced its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. On average, equities research analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

Institutional Trading of 1-800-FLOWERS.COM

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Hennion & Walsh Asset Management Inc. lifted its position in shares of 1-800-FLOWERS.COM by 3.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock worth $353,000 after purchasing an additional 1,472 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of 1-800-FLOWERS.COM by 13.0% during the 3rd 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 last quarter. Hsbc Holdings PLC lifted its position in shares of 1-800-FLOWERS.COM by 7.2% during the 2nd quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock worth $304,000 after purchasing an additional 2,148 shares during the last quarter. State Street Corp lifted its position 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 worth $4,755,000 after purchasing an additional 2,886 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its position in shares of 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock worth $288,000 after purchasing an additional 4,015 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on FLWS shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th. DA Davidson restated a “neutral” rating and issued a $7.50 target price on shares of 1-800-FLOWERS.COM in a research note on Thursday. Finally, StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th.

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.