1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Buys 61,000 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 61,000 shares of the stock in a transaction dated Monday, March 3rd. The shares were acquired at an average price of $6.62 per share, for a total transaction of $403,820.00. Following the acquisition, the insider now directly owns 7,642,969 shares of the company’s stock, valued at $50,596,454.78. This represents a 0.80 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 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 Friday, February 28th, Fund 1 Investments, Llc purchased 56,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $6.91 per share, for a total transaction of $390,415.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc bought 66,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.36 per share, for a total transaction of $485,760.00.
• On Monday, February 24th, Fund 1 Investments, Llc bought 93,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.58 per share, for a total transaction of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc bought 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 stock was purchased at an average price 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, for a total transaction of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc bought 70,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 purchased 20,500 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 purchased 265,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price 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 shares were bought at an average price of $7.96 per share, with a total value of $278,600.00.

1-800-FLOWERS.COM Trading Down 6.4 %

1-800-FLOWERS.COM stock opened at $6.46 on Tuesday. The business has a 50 day moving average price of $8.00 and a two-hundred day moving average price of $8.04. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. 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, Inc. has a 12 month low of $6.43 and a 12 month high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly 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 net margin of 0.43% and a negative return on equity of 0.76%. As a group, equities analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

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

Several large investors have recently added to or reduced their stakes in the company. Two Sigma Advisers LP raised its holdings in 1-800-FLOWERS.COM by 13.0% in the 4th quarter. Two Sigma Advisers LP now owns 13,900 shares of the specialty retailer’s stock valued at $114,000 after acquiring an additional 1,600 shares in the last quarter. JPMorgan Chase & Co. grew 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 during the period. Jones Financial Companies Lllp grew its stake in shares of 1-800-FLOWERS.COM by 120.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 1,999 shares during the period. Northern Trust Corp grew its stake in shares of 1-800-FLOWERS.COM by 1.1% in the 4th quarter. Northern Trust Corp now owns 244,373 shares of the specialty retailer’s stock valued at $1,997,000 after purchasing an additional 2,663 shares during the period. Finally, Wells Fargo & Company MN grew its stake in shares of 1-800-FLOWERS.COM by 23.2% in the 4th quarter. Wells Fargo & Company MN now owns 14,721 shares of the specialty retailer’s stock valued at $120,000 after purchasing an additional 2,775 shares during the period. Institutional investors and hedge funds own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.