Fund 1 Investments, Llc Purchases 50,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 50,000 shares of the stock in a transaction dated Friday, January 10th. The shares were acquired at an average price of $7.18 per share, with a total value of $359,000.00. Following the completion of the acquisition, the insider now owns 4,224,364 shares in the company, valued at approximately $30,330,933.52. This trade represents a 1.20 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 Wednesday, January 15th, Fund 1 Investments, Llc bought 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 purchased 61,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.33 per share, with a total value of $447,130.00.
• 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 Up 6.8 %

Shares of FLWS stock opened at $8.16 on Friday. The stock has a market capitalization of $524.04 million, a P/E ratio of -58.29, a price-to-earnings-growth ratio of 2.81 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $11.42. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44. The company has a 50 day moving average price of $7.89 and a 200 day moving average price of $8.39.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.02. The business had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The company’s revenue was down 28.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.48) earnings per share. Equities research analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on FLWS. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. DA Davidson increased their target price on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Thursday, October 31st.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. nVerses Capital LLC purchased a new stake in shares of 1-800-FLOWERS.COM during the third quarter worth approximately $41,000. SG Americas Securities LLC acquired a new position in 1-800-FLOWERS.COM during the 3rd quarter worth approximately $106,000. JPMorgan Chase & Co. increased its position 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 valued at $112,000 after purchasing an additional 1,623 shares during the last quarter. Paloma Partners Management Co purchased a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter worth $121,000. Finally, Federated Hermes Inc. lifted its position in shares of 1-800-FLOWERS.COM by 8.9% during the 2nd quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock worth $244,000 after purchasing an additional 2,100 shares during the last quarter. 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.