Fund 1 Investments, Llc Purchases 156,500 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 156,500 shares of the stock in a transaction dated Thursday, March 20th. The shares were purchased at an average price of $5.62 per share, with a total value of $879,530.00. Following the completion of the acquisition, the insider now owns 8,035,969 shares of the company’s stock, valued at approximately $45,162,145.78. This represents a 1.99 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 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 Tuesday, March 18th, Fund 1 Investments, Llc purchased 25,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $5.52 per share, with a total value of $138,000.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc purchased 15,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $6.43 per share, with a total value of $99,665.00.
• On Monday, March 3rd, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $6.62 per share, with a total value of $403,820.00.
• On Friday, February 28th, Fund 1 Investments, Llc purchased 56,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $6.91 per share, with a total value 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 bought at an average cost 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 bought at an average cost 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 bought at an average cost 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 bought at an average cost 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 bought at an average cost 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 bought at an average cost of $8.12 per share, for a total transaction of $572,460.00.

1-800-FLOWERS.COM Trading Up 2.3 %

Shares of FLWS stock opened at $5.80 on Friday. The firm’s 50 day moving average price is $7.53 and its two-hundred day moving average price is $7.79. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $5.43 and a fifty-two week high of $11.42. 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 $368.89 million, a price-to-earnings ratio of -52.73 and a beta of 1.81.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share 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%. On average, analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on FLWS shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research report on Friday, March 7th. DA Davidson reaffirmed a “neutral” rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FLWS. Jones Financial Companies Lllp boosted its stake in shares of 1-800-FLOWERS.COM by 120.1% in the fourth 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. KLP Kapitalforvaltning AS acquired a new stake in 1-800-FLOWERS.COM in the fourth quarter valued at $37,000. Quantbot Technologies LP acquired a new stake in 1-800-FLOWERS.COM in the fourth quarter valued at $84,000. XTX Topco Ltd acquired a new stake in 1-800-FLOWERS.COM in the fourth quarter valued at $92,000. Finally, Inceptionr LLC acquired a new stake in 1-800-FLOWERS.COM in the fourth quarter valued at $101,000. 38.43% of the stock is currently 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.