1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys $99,665.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 15,500 shares of 1-800-FLOWERS.COM stock in a transaction dated Wednesday, March 5th. The stock was bought at an average price of $6.43 per share, with a total value of $99,665.00. Following the completion of the transaction, the insider now owns 7,658,469 shares of the company’s stock, valued at $49,243,955.67. This represents a 0.20 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own 10% or more 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 Monday, March 3rd, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $6.62 per share, with a total value of $403,820.00.
• On Friday, February 28th, Fund 1 Investments, Llc bought 56,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $6.91 per share, with a total value of $390,415.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc bought 66,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.36 per share, with a total value of $485,760.00.
• On Monday, February 24th, Fund 1 Investments, Llc bought 93,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.58 per share, with a total value of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc bought 310,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.72 per share, with a total value of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc bought 40,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.57 per share, with a total value of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc bought 1,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.66 per share, with a total value 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 purchased at an average cost of $8.12 per share, with a total value 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 purchased at an average cost of $8.01 per share, with a total value 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 purchased at an average cost of $8.04 per share, with a total value of $2,134,620.00.

1-800-FLOWERS.COM Trading Up 1.6 %

NASDAQ FLWS opened at $6.55 on Friday. The stock has a 50-day moving average of $7.92 and a 200-day moving average of $8.00. The firm has a market cap of $416.59 million, a PE ratio of -59.55 and a beta of 1.58. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM, Inc. has a 1-year low of $6.13 and a 1-year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its 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 negative return on equity of 0.76% and a negative net margin of 0.43%. As a group, sell-side analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Institutional Trading of 1-800-FLOWERS.COM

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC grew its stake in shares of 1-800-FLOWERS.COM by 50.3% in the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after buying an additional 114,072 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of 1-800-FLOWERS.COM by 13.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after buying an additional 1,623 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of 1-800-FLOWERS.COM in the 3rd quarter worth approximately $947,000. Arkadios Wealth Advisors grew its stake in shares of 1-800-FLOWERS.COM by 12.9% in the 4th 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 during the last quarter. Finally, Jane Street Group LLC boosted its stake in 1-800-FLOWERS.COM by 66.1% during the 3rd quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock valued at $448,000 after purchasing an additional 22,460 shares during the last quarter. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Wall Street Analysts Forecast Growth

FLWS has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research note on Friday. DA Davidson reaffirmed a “neutral” rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th. Finally, StockNews.com lowered 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.