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

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 30,000 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were purchased at an average price of $5.92 per share, with a total value of $177,600.00. Following the purchase, the insider now owns 8,108,969 shares of the company’s stock, valued at approximately $48,005,096.48. This represents a 0.37 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own more than 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 Thursday, March 20th, Fund 1 Investments, Llc purchased 156,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $5.62 per share, with a total value of $879,530.00.
• On Tuesday, March 18th, Fund 1 Investments, Llc bought 25,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $5.52 per share, for a total transaction of $138,000.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc purchased 15,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired 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 acquired 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 bought 56,500 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price 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 stock was bought 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 bought 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 bought 310,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 purchased at an average cost of $8.57 per share, for a total transaction 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 purchased at an average cost of $8.66 per share, with a total value of $8,660.00.

1-800-FLOWERS.COM Price Performance

1-800-FLOWERS.COM stock opened at $5.96 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The business has a 50 day simple moving average of $7.40 and a 200-day simple moving average of $7.75. 1-800-FLOWERS.COM, Inc. has a 12 month low of $5.43 and a 12 month high of $11.10. The stock has a market capitalization of $379.06 million, a PE ratio of -54.18 and a beta of 1.81.

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 return on equity of 0.76% and a negative net margin of 0.43%. Equities analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on FLWS shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, March 22nd. DA Davidson reaffirmed a “neutral” rating and issued a $7.50 target price on shares of 1-800-FLOWERS.COM in a report on Friday, March 14th.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

A number of hedge funds have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its stake in shares of 1-800-FLOWERS.COM by 120.1% during the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock worth $30,000 after buying an additional 1,999 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in 1-800-FLOWERS.COM in the fourth quarter worth $37,000. Quantbot Technologies LP acquired a new stake in 1-800-FLOWERS.COM in the fourth quarter valued at $84,000. XTX Topco Ltd purchased a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter worth $92,000. Finally, Inceptionr LLC acquired a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth $101,000. Institutional investors and hedge funds 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.