Fund 1 Investments, Llc Purchases 30,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 30,000 shares of the company’s stock in a transaction that occurred on Monday, March 24th. The shares were purchased at an average cost of $5.92 per share, for a total transaction of $177,600.00. Following the acquisition, the insider now owns 8,108,969 shares of the company’s stock, valued at $48,005,096.48. This represents a 0.37 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 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 Thursday, March 20th, Fund 1 Investments, Llc acquired 156,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $5.62 per share, for a total transaction of $879,530.00.
• On Tuesday, March 18th, Fund 1 Investments, Llc bought 25,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost 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 stock was acquired at an average cost of $6.43 per share, with a total value of $99,665.00.
• On Monday, March 3rd, Fund 1 Investments, Llc acquired 61,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $6.62 per share, for a total transaction of $403,820.00.
• On Friday, February 28th, Fund 1 Investments, Llc bought 56,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $6.91 per share, with a total value of $390,415.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc purchased 66,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired 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 acquired 93,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.58 per share, with a total value of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc bought 310,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 purchased 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 acquired 1,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $8.66 per share, with a total value of $8,660.00.

1-800-FLOWERS.COM Price Performance

Shares of FLWS opened at $5.98 on Thursday. The business’s 50-day moving average is $7.44 and its 200-day moving average is $7.76. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The company has a market capitalization of $380.33 million, a price-to-earnings ratio of -54.36 and a beta of 1.81. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $5.43 and a fifty-two week high of $11.10.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. Equities research analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Analyst Ratings Changes

FLWS has been the subject of several research analyst reports. DA Davidson restated a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, March 22nd.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FLWS. Paloma Partners Management Co bought a new stake in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at approximately $121,000. Systematic Financial Management LP bought a new stake in 1-800-FLOWERS.COM in the third quarter worth approximately $484,000. State Street Corp increased its stake in shares of 1-800-FLOWERS.COM by 0.5% during the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after purchasing an additional 2,886 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of 1-800-FLOWERS.COM by 66.1% during the 3rd quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock valued at $448,000 after purchasing an additional 22,460 shares in the last quarter. Finally, Barclays PLC boosted its holdings in 1-800-FLOWERS.COM by 24.3% in the third quarter. Barclays PLC now owns 97,904 shares of the specialty retailer’s stock worth $778,000 after purchasing an additional 19,150 shares in the last quarter. 38.43% of the stock is 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.