1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys $403,820.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 61,000 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The shares were bought at an average price of $6.62 per share, for a total transaction of $403,820.00. Following the completion of the acquisition, the insider now owns 7,642,969 shares in the company, valued at approximately $50,596,454.78. This trade represents a 0.80 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• On Friday, February 28th, Fund 1 Investments, Llc acquired 56,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 bought 66,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $7.36 per share, for a total transaction 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 purchased 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 purchased at an average price of $7.72 per share, for a total transaction of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc bought 40,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price 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 stock was acquired at an average price of $8.66 per share, for a total transaction of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc acquired 70,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.12 per share, with a total value of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc bought 20,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $8.01 per share, for a total transaction of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc purchased 265,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $8.04 per share, with a total value of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc purchased 35,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost of $7.96 per share, for a total transaction of $278,600.00.

1-800-FLOWERS.COM Stock Performance

FLWS traded down $0.44 during trading hours on Monday, hitting $6.46. 1,203,999 shares of the stock were exchanged, compared to its average volume of 719,112. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. 1-800-FLOWERS.COM, Inc. has a 12 month low of $6.43 and a 12 month high of $11.42. The stock has a 50-day simple moving average of $8.00 and a 200-day simple moving average of $8.04. The stock has a market cap of $410.86 million, a price-to-earnings ratio of -58.73 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (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%. Analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

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

A number of large investors have recently bought and sold shares of FLWS. Empowered Funds LLC raised its position in shares of 1-800-FLOWERS.COM by 50.3% during the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after purchasing an additional 114,072 shares during the period. JPMorgan Chase & Co. grew its stake in 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 last quarter. GSA Capital Partners LLP acquired a new stake in 1-800-FLOWERS.COM in the third quarter worth $947,000. Arkadios Wealth Advisors increased its position in 1-800-FLOWERS.COM by 12.9% in the fourth quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock worth $288,000 after buying an additional 4,015 shares during the period. Finally, Jane Street Group LLC lifted its stake in 1-800-FLOWERS.COM by 66.1% in the third quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock valued at $448,000 after buying an additional 22,460 shares during the last quarter. Institutional investors own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on FLWS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Wednesday, February 19th. DA Davidson reiterated a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th. Finally, StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th.

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.