1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Acquires 50,000 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWSGet Free Report) major shareholder Fund 1 Investments, Llc purchased 50,000 shares of the business’s stock in a transaction dated Friday, January 10th. The shares were purchased at an average cost of $7.18 per share, with a total value of $359,000.00. Following the completion of the purchase, the insider now directly owns 4,224,364 shares in the company, valued at approximately $30,330,933.52. This represents a 1.20 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s stock 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 15th, Fund 1 Investments, Llc acquired 97,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 bought 61,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $7.33 per share, with a total value of $447,130.00.
  • 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 transaction of $312,000.00.

1-800-FLOWERS.COM Trading Down 0.2 %

NASDAQ:FLWS opened at $8.14 on Friday. The company’s 50 day moving average is $7.86 and its 200-day moving average is $8.38. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. 1-800-FLOWERS.COM, Inc. has a 12 month low of $7.01 and a 12 month high of $11.42. The firm has a market cap of $522.75 million, a price-to-earnings ratio of -58.14, a P/E/G ratio of 2.81 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWSGet Free Report) last announced its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, topping the consensus estimate of ($0.53) by $0.02. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The firm had revenue of $193.20 million for the quarter, compared to the consensus estimate of $246.88 million. During the same quarter last year, the firm posted ($0.48) EPS. The business’s quarterly revenue was down 28.2% on a year-over-year basis. Equities analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

Several large investors have recently made changes to their positions in the business. Empowered Funds LLC grew its holdings in 1-800-FLOWERS.COM by 50.3% in the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock valued at $2,701,000 after buying an additional 114,072 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in shares of 1-800-FLOWERS.COM in the third quarter worth $947,000. Sei Investments Co. grew its stake in shares of 1-800-FLOWERS.COM by 15.7% in the second quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock worth $6,540,000 after acquiring an additional 93,041 shares during the last quarter. American Century Companies Inc. increased its position 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 worth $5,307,000 after acquiring an additional 152,536 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in 1-800-FLOWERS.COM by 5.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after purchasing an additional 129,627 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Wall Street Analysts Forecast Growth

FLWS has been the topic of several analyst reports. DA Davidson increased 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 research report on Thursday, October 31st. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

Check Out Our Latest Stock Report on FLWS

About 1-800-FLOWERS.COM

(Get Free Report)

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.

Further Reading

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