Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys 25,000 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 25,000 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Tuesday, March 18th. The shares were bought at an average price of $5.52 per share, with a total value of $138,000.00. Following the transaction, the insider now owns 7,859,469 shares in the company, valued at approximately $43,384,268.88. The trade was a 0.32 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Thursday, March 20th, Fund 1 Investments, Llc purchased 156,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $5.62 per share, with a total value of $879,530.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc purchased 15,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $6.43 per share, with a total value of $99,665.00.
• On Monday, March 3rd, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 purchased 56,500 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 purchased 66,000 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 acquired 93,500 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 310,000 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 40,500 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 1,000 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 70,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.12 per share, with a total value of $572,460.00.

1-800-FLOWERS.COM Trading Down 1.6 %

Shares of 1-800-FLOWERS.COM stock traded down $0.09 during mid-day trading on Thursday, hitting $5.67. The stock had a trading volume of 701,411 shares, compared to its average volume of 387,180. The firm has a 50-day moving average of $7.59 and a two-hundred day moving average of $7.82. 1-800-FLOWERS.COM, Inc. has a 12-month low of $5.43 and a 12-month high of $11.42. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. The firm has a market cap of $360.62 million, a P/E ratio of -51.55 and a beta of 1.81.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing the consensus estimate 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 0.76%. Sell-side analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on FLWS shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a report on Friday, March 7th. DA Davidson reissued a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th.

Institutional Trading of 1-800-FLOWERS.COM

Several hedge funds have recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its position in shares of 1-800-FLOWERS.COM by 120.1% during the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 1,999 shares during the period. KLP Kapitalforvaltning AS purchased a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth approximately $37,000. Quantbot Technologies LP purchased a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth approximately $84,000. XTX Topco Ltd purchased a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth approximately $92,000. Finally, Inceptionr LLC purchased a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth approximately $101,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

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.