Fund 1 Investments, Llc Purchases 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 business’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was acquired at an average cost of $8.38 per share, with a total value of $748,342.38. Following the completion of the acquisition, the insider now owns 4,668,665 shares in the company, valued at $39,123,412.70. This trade represents a 1.95 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Friday, January 17th, Fund 1 Investments, Llc bought 37,000 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 purchased 97,000 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 shares were bought 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 purchased 50,000 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 Trading Up 5.4 %

Shares of 1-800-FLOWERS.COM stock opened at $8.85 on Friday. The company has a 50 day simple moving average of $7.85 and a two-hundred day simple moving average of $8.35. The firm has a market cap of $568.35 million, a PE ratio of -63.21, a PEG ratio of 3.29 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 1 year low of $7.01 and a 1 year high of $11.42. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results 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 company had revenue of $193.20 million during the quarter, compared to analyst estimates of $246.88 million. During the same period in the previous year, the business earned ($0.48) earnings per share. The firm’s quarterly revenue was down 28.2% compared to the same quarter last year. Analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FLWS has been the topic of several recent analyst reports. DA Davidson increased their target price on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, January 18th. Finally, StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th.

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

Large investors have recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. grew its position in 1-800-FLOWERS.COM by 3.4% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock valued at $353,000 after acquiring an additional 1,472 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of 1-800-FLOWERS.COM by 13.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after purchasing an additional 1,623 shares in the last quarter. Federated Hermes Inc. grew its holdings 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 valued at $244,000 after purchasing an additional 2,100 shares during the last quarter. Hsbc Holdings PLC raised its position in 1-800-FLOWERS.COM by 7.2% in the 2nd quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock worth $304,000 after purchasing an additional 2,148 shares during the period. Finally, State Street Corp lifted its stake in 1-800-FLOWERS.COM by 0.5% in the third 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. 38.43% of the stock is owned by hedge funds and other institutional investors.

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.