1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $390,415.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 56,500 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were bought at an average cost of $6.91 per share, for a total transaction of $390,415.00. Following the transaction, the insider now directly owns 7,581,969 shares of the company’s stock, valued at $52,391,405.79. This trade represents a 0.75 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more 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 Monday, March 3rd, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $6.62 per share, for a total transaction of $403,820.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc acquired 66,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 cost of $7.58 per share, for a total transaction of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc purchased 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 acquired 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 bought 1,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.66 per share, with a total value of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc purchased 70,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.12 per share, for a total transaction of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc acquired 20,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.01 per share, with a total value of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc bought 265,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.04 per share, for a total transaction 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 acquired at an average cost of $7.96 per share, with a total value of $278,600.00.

1-800-FLOWERS.COM Price Performance

NASDAQ:FLWS opened at $6.59 on Thursday. The firm has a market cap of $419.13 million, a PE ratio of -59.91 and a beta of 1.58. The company’s 50-day moving average price is $7.97 and its two-hundred day moving average price is $8.02. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM, Inc. has a 12 month low of $6.13 and a 12 month high of $11.42.

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. DA Davidson reaffirmed a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Wednesday, February 19th.

Institutional Trading of 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in 1-800-FLOWERS.COM by 13.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 91,101 shares of the specialty retailer’s stock worth $744,000 after buying an additional 10,584 shares in the last quarter. Wolverine Trading LLC bought a new position in shares of 1-800-FLOWERS.COM in the fourth quarter worth about $110,000. Two Sigma Advisers LP raised its stake in shares of 1-800-FLOWERS.COM by 13.0% in the fourth quarter. Two Sigma Advisers LP now owns 13,900 shares of the specialty retailer’s stock worth $114,000 after acquiring an additional 1,600 shares during the last quarter. Nomura Holdings Inc. lifted its position in shares of 1-800-FLOWERS.COM by 63.6% during the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after purchasing an additional 1,143,027 shares in the last quarter. Finally, Fund 1 Investments LLC grew its stake in shares of 1-800-FLOWERS.COM by 12.4% during the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after purchasing an additional 461,000 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

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.