1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires $177,600.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc acquired 30,000 shares of the firm’s stock in a transaction dated Monday, March 24th. The shares were acquired at an average price of $5.92 per share, with a total value of $177,600.00. Following the acquisition, the insider now owns 8,108,969 shares in the company, valued at approximately $48,005,096.48. The trade was a 0.37 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more 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 Thursday, March 20th, Fund 1 Investments, Llc bought 156,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $5.62 per share, for a total transaction of $879,530.00.
• On Tuesday, March 18th, Fund 1 Investments, Llc purchased 25,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $5.52 per share, for a total transaction of $138,000.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc acquired 15,500 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost of $6.43 per share, with a total value of $99,665.00.
• On Monday, March 3rd, Fund 1 Investments, Llc bought 61,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $6.62 per share, for a total transaction of $403,820.00.
• On Friday, February 28th, Fund 1 Investments, Llc purchased 56,500 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost 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 stock was purchased 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 purchased 93,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $7.58 per share, for a total transaction 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 purchased 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 stock was purchased at an average price 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, with a total value of $8,660.00.

1-800-FLOWERS.COM Stock Performance

Shares of NASDAQ FLWS traded down $0.09 during midday trading on Tuesday, reaching $5.93. 623,150 shares of the stock were exchanged, compared to its average volume of 388,793. 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 $377.15 million, a price-to-earnings ratio of -53.91 and a beta of 1.81. The firm has a 50-day simple moving average of $7.51 and a two-hundred day simple moving average of $7.78. 1-800-FLOWERS.COM, Inc. has a twelve month low of $5.43 and a twelve month high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS 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%. As a group, analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Analysts Set New Price Targets

FLWS has been the topic of a number of research reports. DA Davidson reiterated a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th. Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

Several institutional investors and hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp grew its holdings in 1-800-FLOWERS.COM by 120.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $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 valued at approximately $37,000. Quantbot Technologies LP acquired a new stake in 1-800-FLOWERS.COM in the 4th quarter valued at $84,000. XTX Topco Ltd acquired a new stake in 1-800-FLOWERS.COM in the 4th quarter valued at $92,000. Finally, Inceptionr LLC purchased a new stake in 1-800-FLOWERS.COM in the 4th quarter worth $101,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

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.