Fund 1 Investments, Llc Purchases 156,500 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 156,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average cost of $5.62 per share, with a total value of $879,530.00. Following the completion of the purchase, the insider now directly owns 8,035,969 shares of the company’s stock, valued at $45,162,145.78. This represents a 1.99 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 10% 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 Tuesday, March 18th, Fund 1 Investments, Llc bought 25,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $5.52 per share, with a total value of $138,000.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc bought 15,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 stock was purchased at an average cost 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 acquired 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 purchased 66,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost 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 acquired at an average cost of $7.58 per share, with a total value of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc purchased 310,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.72 per share, with a total value of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc purchased 40,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $8.57 per share, with a total value 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.
• On Wednesday, February 12th, Fund 1 Investments, Llc purchased 70,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $8.12 per share, with a total value of $572,460.00.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS traded down $0.09 during midday trading on Thursday, reaching $5.67. 701,411 shares of the stock were exchanged, compared to its average volume of 387,180. 1-800-FLOWERS.COM, Inc. has a twelve month low of $5.43 and a twelve 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 company has a market cap of $360.62 million, a P/E ratio of -51.55 and a beta of 1.81. The stock’s 50 day simple moving average is $7.59 and its 200 day simple moving average is $7.82.

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%. On average, sell-side analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fund 1 Investments LLC grew its position in 1-800-FLOWERS.COM by 12.4% in the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after acquiring an additional 461,000 shares during the last quarter. Nomura Holdings Inc. grew its position in 1-800-FLOWERS.COM by 63.6% in the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after acquiring an additional 1,143,027 shares during the last quarter. Gamco Investors INC. ET AL grew its position in 1-800-FLOWERS.COM by 6.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock valued at $10,493,000 after acquiring an additional 76,400 shares during the last quarter. State Street Corp grew its position in 1-800-FLOWERS.COM by 0.5% in the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after acquiring an additional 2,886 shares during the last quarter. Finally, Empowered Funds LLC grew its position in 1-800-FLOWERS.COM by 5.1% in the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock valued at $2,925,000 after acquiring an additional 17,351 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Analysts Set New Price Targets

FLWS has been the subject of a number of research reports. Weiss Ratings reissued 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 set a $7.50 target price on shares of 1-800-FLOWERS.COM in a report on Friday, March 14th.

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.