1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys $138,000.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 25,000 shares of the stock in a transaction dated Tuesday, March 18th. The shares were bought at an average cost of $5.52 per share, with a total value of $138,000.00. Following the completion of the acquisition, the insider now directly owns 7,859,469 shares of the company’s stock, valued at approximately $43,384,268.88. The trade was a 0.32 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% 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 bought at an average cost of $5.62 per share, with a total value of $879,530.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc bought 15,500 shares of 1-800-FLOWERS.COM stock. The shares were 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, with a total value of $403,820.00.
• On Friday, February 28th, Fund 1 Investments, Llc acquired 56,500 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 66,000 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 93,500 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 310,000 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 40,500 shares of 1-800-FLOWERS.COM stock. The stock was 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 acquired 1,000 shares of 1-800-FLOWERS.COM stock. The stock was 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 bought 70,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.12 per share, with a total value of $572,460.00.

1-800-FLOWERS.COM Price Performance

Shares of NASDAQ:FLWS opened at $5.80 on Friday. 1-800-FLOWERS.COM, Inc. has a one year low of $5.43 and a one year high of $11.42. The stock has a fifty day moving average of $7.53 and a 200-day moving average of $7.79. The company has a market capitalization of $368.89 million, a PE ratio of -52.73 and a beta of 1.81. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates 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, equities analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Institutional Trading of 1-800-FLOWERS.COM

Several hedge funds and other institutional investors have recently modified their holdings of FLWS. Empowered Funds LLC boosted its position in shares of 1-800-FLOWERS.COM by 50.3% in the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after buying an additional 114,072 shares during the period. Quest Partners LLC acquired a new stake in shares of 1-800-FLOWERS.COM in the third quarter worth $452,000. Paloma Partners Management Co acquired a new stake in shares of 1-800-FLOWERS.COM in the third quarter worth $121,000. Systematic Financial Management LP acquired a new stake in shares of 1-800-FLOWERS.COM in the third quarter worth $484,000. Finally, State Street Corp boosted its position in shares of 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 worth $4,755,000 after buying an additional 2,886 shares during the period. Institutional investors and hedge funds 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.