Fund 1 Investments, Llc Purchases 114,700 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 114,700 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was purchased at an average price of $7.60 per share, for a total transaction of $871,720.00. Following the purchase, the insider now owns 5,874,469 shares in the company, valued at $44,645,964.40. This represents a 1.99 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own more than 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 Thursday, January 30th, Fund 1 Investments, Llc bought 396,004 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.73 per share, with a total value of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc purchased 73,100 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $8.68 per share, for a total transaction of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc acquired 89,301 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $8.38 per share, for a total transaction of $748,342.38.
• On Friday, January 17th, Fund 1 Investments, Llc bought 37,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $8.15 per share, with a total value of $301,550.00.
• On Wednesday, January 15th, Fund 1 Investments, Llc bought 97,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired 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 shares were bought at an average cost of $7.33 per share, for a total transaction of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc bought 50,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost of $7.18 per share, with a total value of $359,000.00.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS stock traded up $0.32 during trading hours on Tuesday, reaching $8.09. 818,273 shares of the company traded hands, compared to its average volume of 619,353. The firm has a 50-day moving average price of $7.95 and a 200 day moving average price of $8.24. The company has a market cap of $519.54 million, a P/E ratio of -73.55, a P/E/G ratio of 3.15 and a beta of 1.58. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. 1-800-FLOWERS.COM, Inc. has a 12-month low of $6.56 and a 12-month high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data 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 0.77% and a negative net margin of 0.43%. As a group, sell-side analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on FLWS shares. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday. Finally, 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 Thursday, January 30th.

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

Several large investors have recently made changes to their positions in the business. nVerses Capital LLC purchased a new stake in shares of 1-800-FLOWERS.COM during the third quarter worth about $41,000. SG Americas Securities LLC bought a new stake in shares of 1-800-FLOWERS.COM during the third quarter valued at approximately $106,000. JPMorgan Chase & Co. lifted its holdings in shares of 1-800-FLOWERS.COM by 13.0% in the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after buying an additional 1,623 shares in the last quarter. Paloma Partners Management Co bought a new position in shares of 1-800-FLOWERS.COM during the third quarter worth $121,000. Finally, Arkadios Wealth Advisors increased its holdings in 1-800-FLOWERS.COM by 12.9% in the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock valued at $288,000 after acquiring an additional 4,015 shares during the last quarter. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

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.