1-800 FLOWERS.COM (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Sells 720,000 Shares

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc sold 720,000 shares of the business’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $4.19, for a total transaction of $3,016,800.00. Following the sale, the insider directly owned 4,096,242 shares in the company, valued at approximately $17,163,253.98. This represents a 14.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Wednesday, April 22nd, Fund 1 Investments, Llc sold 489,238 shares of 1-800 FLOWERS.COM stock. The stock was sold at an average price of $4.17, for a total value of $2,040,122.46.
• On Monday, April 20th, Fund 1 Investments, Llc sold 543,195 shares of 1-800 FLOWERS.COM stock. The stock was sold at an average price of $4.60, for a total transaction of $2,498,697.00.

1-800 FLOWERS.COM Trading Down 1.5%

Shares of FLWS traded down $0.06 during trading hours on Wednesday, hitting $3.94. The stock had a trading volume of 3,584,246 shares, compared to its average volume of 677,220. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.81 and a current ratio of 1.25. 1-800 FLOWERS.COM, Inc. has a 12-month low of $2.88 and a 12-month high of $8.44. The company’s fifty day simple moving average is $3.37 and its 200 day simple moving average is $3.79. The firm has a market cap of $252.42 million, a P/E ratio of -1.18 and a beta of 1.24.

1-800 FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, January 29th. The specialty retailer reported $1.20 EPS for the quarter, topping the consensus estimate of $0.86 by $0.34. The firm had revenue of $702.18 million for the quarter, compared to analyst estimates of $700.58 million. 1-800 FLOWERS.COM had a negative return on equity of 23.80% and a negative net margin of 13.41%. Equities research analysts forecast that 1-800 FLOWERS.COM, Inc. will post -1.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on FLWS shares. Wall Street Zen raised shares of 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Noble Financial upgraded 1-800 FLOWERS.COM from a “market perform” rating to an “outperform” rating and set a $3.75 target price on the stock in a report on Monday, March 23rd. Finally, Zacks Research raised 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 30th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, 1-800 FLOWERS.COM presently has a consensus rating of “Hold” and an average price target of $3.75.

Institutional Trading of 1-800 FLOWERS.COM

Several hedge funds and other institutional investors have recently modified their holdings of FLWS. Quarry LP raised its position in 1-800 FLOWERS.COM by 538,100.0% during the third quarter. Quarry LP now owns 5,382 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 5,381 shares during the period. FNY Investment Advisers LLC grew its stake in 1-800 FLOWERS.COM by 2,832.6% during the 4th quarter. FNY Investment Advisers LLC now owns 10,000 shares of the specialty retailer’s stock valued at $39,000 after acquiring an additional 9,659 shares in the last quarter. Jain Global LLC acquired a new position in shares of 1-800 FLOWERS.COM in the 4th quarter valued at about $46,000. nVerses Capital LLC purchased a new stake in shares of 1-800 FLOWERS.COM in the fourth quarter worth approximately $48,000. Finally, Deutsche Bank AG purchased a new stake in shares of 1-800 FLOWERS.COM in the fourth quarter worth approximately $48,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

1-800 FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.