Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys $301,550.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 37,000 shares of the stock in a transaction on Friday, January 17th. The stock was acquired at an average cost of $8.15 per share, with a total value of $301,550.00. Following the completion of the purchase, the insider now directly owns 4,579,364 shares of the company’s stock, valued at $37,321,816.60. The trade was a 0.81 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Major shareholders that own 10% or more 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 22nd, Fund 1 Investments, Llc acquired 89,301 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $8.38 per share, with a total value of $748,342.38.
• 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 Monday, January 13th, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $7.33 per share, for a total transaction of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc purchased 50,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.18 per share, with a total value 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 Price Performance

Shares of FLWS opened at $8.95 on Friday. The firm has a fifty day simple moving average of $7.87 and a two-hundred day simple moving average of $8.34. The firm has a market cap of $574.77 million, a PE ratio of -63.93, a P/E/G ratio of 3.29 and a beta of 1.58. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40. 1-800-FLOWERS.COM, Inc. has a 1-year low of $7.01 and a 1-year 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) EPS for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.02. The company had revenue of $193.20 million during the quarter, compared to analysts’ expectations of $246.88 million. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. 1-800-FLOWERS.COM’s revenue for the quarter was down 28.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.48) earnings per share. On average, equities analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

Analyst Ratings Changes

FLWS has been the subject of several recent analyst reports. 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. StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, January 18th.

Institutional Trading of 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FLWS. nVerses Capital LLC bought a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at $41,000. SG Americas Securities LLC bought a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at approximately $106,000. JPMorgan Chase & Co. increased its holdings in 1-800-FLOWERS.COM by 13.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after acquiring an additional 1,623 shares in the last quarter. Paloma Partners Management Co bought a new stake in 1-800-FLOWERS.COM during the 3rd quarter worth approximately $121,000. Finally, Federated Hermes Inc. lifted its holdings in 1-800-FLOWERS.COM by 8.9% during 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. 38.43% of the stock is 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.