Fund 1 Investments, Llc Acquires 89,301 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc acquired 89,301 shares of the firm’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were bought at an average cost of $8.38 per share, for a total transaction of $748,342.38. Following the acquisition, the insider now owns 4,668,665 shares of the company’s stock, valued at $39,123,412.70. This represents a 1.95 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own 10% or more 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 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 bought 97,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $7.64 per share, for a total transaction of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc bought 61,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $7.33 per share, for a total transaction of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc bought 50,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $7.18 per share, for a total transaction 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 Price Performance

FLWS remained flat at $8.40 on Wednesday. 635,449 shares of the company were exchanged, compared to its average volume of 436,741. The business has a 50-day moving average price of $7.83 and a 200 day moving average price of $8.34. 1-800-FLOWERS.COM, Inc. has a 52-week low of $7.01 and a 52-week high of $11.42. The stock has a market cap of $539.45 million, a P/E ratio of -60.00, a price-to-earnings-growth ratio of 3.19 and a beta of 1.58. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40.

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 (EPS) for the quarter, topping the consensus estimate of ($0.53) by $0.02. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The business had revenue of $193.20 million during the quarter, compared to the consensus estimate of $246.88 million. During the same period in the prior year, the firm earned ($0.48) EPS. 1-800-FLOWERS.COM’s quarterly revenue was down 28.2% compared to the same quarter last year. As a group, equities research analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. nVerses Capital LLC acquired a new stake in 1-800-FLOWERS.COM in the 3rd quarter valued at about $41,000. SG Americas Securities LLC acquired a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter worth approximately $106,000. JPMorgan Chase & Co. grew its position in shares of 1-800-FLOWERS.COM by 13.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after buying an additional 1,623 shares during the period. Paloma Partners Management Co acquired a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter worth approximately $121,000. Finally, Federated Hermes Inc. grew 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 buying an additional 2,100 shares during the period. 38.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on FLWS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday. DA Davidson lifted their price target on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th.

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.