Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases 73,100 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 73,100 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The stock was acquired at an average price of $8.68 per share, for a total transaction of $634,508.00. Following the purchase, the insider now owns 4,741,765 shares in the company, valued at $41,158,520.20. This trade represents a 1.57 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large shareholders that own more than 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, January 30th, Fund 1 Investments, Llc bought 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 acquired 89,301 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 purchased 37,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.15 per share, for a total transaction of $301,550.00.
• On Wednesday, January 15th, Fund 1 Investments, Llc purchased 97,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $7.64 per share, with a total value 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 bought at an average cost of $7.33 per share, with a total value of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc acquired 50,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $7.18 per share, with a total value 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 transaction of $312,000.00.

1-800-FLOWERS.COM Trading Down 8.4 %

NASDAQ FLWS traded down $0.74 during mid-day trading on Thursday, reaching $8.09. 1,591,892 shares of the stock were exchanged, compared to its average volume of 529,442. The stock has a market cap of $519.54 million, a P/E ratio of -57.79, a P/E/G ratio of 3.29 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, Inc. has a one year low of $6.56 and a one year high of $11.42. The stock has a 50 day simple moving average of $7.95 and a 200-day simple moving average of $8.31.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data 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 0.50% and a positive return on equity of 2.10%. On average, analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

Institutional Trading of 1-800-FLOWERS.COM

Several large investors have recently made changes to their positions in FLWS. Empowered Funds LLC boosted its position in shares of 1-800-FLOWERS.COM by 50.3% during the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock valued at $2,701,000 after buying an additional 114,072 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of 1-800-FLOWERS.COM in the third quarter valued at about $947,000. Dimensional Fund Advisors LP lifted its position in shares of 1-800-FLOWERS.COM by 5.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after purchasing an additional 129,627 shares in the last quarter. Jane Street Group LLC boosted its holdings in 1-800-FLOWERS.COM by 66.1% during the third quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock worth $448,000 after purchasing an additional 22,460 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its position in 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 purchasing an additional 4,015 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on FLWS shares. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. DA Davidson reissued a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Thursday. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, January 18th.

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.