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

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 61,000 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was bought at an average price of $7.33 per share, with a total value of $447,130.00. Following the transaction, the insider now directly owns 4,285,364 shares in the company, valued at $31,411,718.12. This trade represents a 1.44 % increase in their ownership of the stock. The acquisition was disclosed in a document filed 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 transactions with the SEC.

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

• On Wednesday, January 15th, Fund 1 Investments, Llc acquired 97,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $7.64 per share, with a total value of $741,080.00.
• On Friday, January 10th, Fund 1 Investments, Llc bought 50,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost 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 Stock Performance

FLWS stock opened at $8.14 on Friday. The firm has a 50 day simple moving average of $7.86 and a 200 day simple moving average of $8.38. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44. 1-800-FLOWERS.COM, Inc. has a 52 week low of $7.01 and a 52 week high of $11.42. The stock has a market cap of $522.75 million, a P/E ratio of -58.14, a P/E/G ratio of 2.81 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.02. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The firm had revenue of $193.20 million during the quarter, compared to analysts’ expectations of $246.88 million. During the same quarter last year, the firm earned ($0.48) earnings per share. The business’s revenue for the quarter was down 28.2% on a year-over-year basis. Research analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on FLWS. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. DA Davidson upped their price target on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Thursday, October 31st.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Several institutional investors have recently made changes to their positions in FLWS. nVerses Capital LLC acquired a new position in 1-800-FLOWERS.COM in the third quarter worth approximately $41,000. SG Americas Securities LLC bought a new stake in 1-800-FLOWERS.COM in the third quarter worth approximately $106,000. JPMorgan Chase & Co. increased its stake in shares of 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 purchasing an additional 1,623 shares during the last quarter. Paloma Partners Management Co bought a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at $121,000. Finally, Federated Hermes Inc. lifted its stake in shares of 1-800-FLOWERS.COM by 8.9% in 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. 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.