1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Purchases 37,000 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 37,000 shares of 1-800-FLOWERS.COM stock in a transaction dated Friday, January 17th. The shares were purchased at an average price of $8.15 per share, with a total value of $301,550.00. Following the completion of the acquisition, the insider now owns 4,579,364 shares in the company, valued at $37,321,816.60. The trade was a 0.81 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% 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 Wednesday, January 22nd, Fund 1 Investments, Llc bought 89,301 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.38 per share, with a total value of $748,342.38.
• On Wednesday, January 15th, Fund 1 Investments, Llc purchased 97,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.64 per share, for a total transaction of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc acquired 61,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $7.33 per share, with a total value of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc bought 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 shares were sold at an average price of $7.80, for a total value of $312,000.00.

1-800-FLOWERS.COM Stock Performance

FLWS opened at $8.40 on Thursday. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. The stock’s 50 day moving average price is $7.83 and its two-hundred day moving average price is $8.34. The firm has a market capitalization of $539.45 million, a P/E ratio of -60.00, a price-to-earnings-growth ratio of 3.19 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 12-month low of $7.01 and a 12-month high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $193.20 million during the quarter, compared to analysts’ expectations of $246.88 million. During the same period in the prior year, the business earned ($0.48) earnings per share. 1-800-FLOWERS.COM’s revenue for the quarter was down 28.2% compared to the same quarter last year. On average, equities analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. American Century Companies Inc. increased its stake in 1-800-FLOWERS.COM by 37.7% during the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock valued at $5,307,000 after acquiring an additional 152,536 shares during the period. Federated Hermes Inc. raised its stake in shares of 1-800-FLOWERS.COM by 8.9% in the second 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 in the last quarter. Dimensional Fund Advisors LP lifted its position in 1-800-FLOWERS.COM by 5.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock worth $25,086,000 after purchasing an additional 129,627 shares during the period. Hsbc Holdings PLC boosted its position in shares of 1-800-FLOWERS.COM by 7.2% during the 2nd quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock valued at $304,000 after acquiring an additional 2,148 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in 1-800-FLOWERS.COM by 15.7% during the second quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock valued at $6,540,000 after purchasing an additional 93,041 shares in the last quarter. Institutional investors own 38.43% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on FLWS. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, January 18th. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. Finally, DA Davidson lifted 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 report on Thursday, October 31st.

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.