1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires $3,061,110.92 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 396,004 shares of the stock in a transaction on Thursday, January 30th. The shares were purchased at an average cost of $7.73 per share, with a total value of $3,061,110.92. Following the transaction, the insider now owns 5,154,769 shares of the company’s stock, valued at $39,846,364.37. This trade represents a 8.32 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 Tuesday, January 28th, Fund 1 Investments, Llc bought 73,100 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.68 per share, with a total value of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc purchased 89,301 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.38 per share, with a total value of $748,342.38.
• On Friday, January 17th, Fund 1 Investments, Llc acquired 37,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.15 per share, with a total value of $301,550.00.
• On Wednesday, January 15th, Fund 1 Investments, Llc purchased 97,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 purchased at an average cost of $7.33 per share, for a total transaction 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 bought at an average price 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 shares were 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, hitting $8.09. The company had a trading volume of 1,591,892 shares, compared to its average volume of 529,442. The business’s fifty day moving average is $7.95 and its two-hundred day moving average is $8.31. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $6.56 and a fifty-two week high of $11.42. The firm 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 quick ratio of 0.41 and a current ratio of 1.44.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced 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 positive return on equity of 2.10% and a negative net margin of 0.50%. As a group, research analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Institutional Trading of 1-800-FLOWERS.COM

Several institutional investors and hedge funds have recently bought and sold shares of FLWS. Hennion & Walsh Asset Management Inc. increased its position in shares of 1-800-FLOWERS.COM by 3.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock worth $353,000 after purchasing an additional 1,472 shares during the last quarter. JPMorgan Chase & Co. raised its position in 1-800-FLOWERS.COM by 13.0% during the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after acquiring an additional 1,623 shares in the last quarter. Hsbc Holdings PLC lifted its stake in 1-800-FLOWERS.COM by 7.2% in the second quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock valued at $304,000 after acquiring an additional 2,148 shares during the last quarter. State Street Corp increased its stake in shares of 1-800-FLOWERS.COM by 0.5% during the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after purchasing an additional 2,886 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in shares of 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 valued at $288,000 after purchasing an additional 4,015 shares during the period. Institutional investors own 38.43% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, January 18th. Finally, DA Davidson restated a “neutral” rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Thursday.

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.