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

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 156,500 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The shares were acquired at an average price of $5.62 per share, for a total transaction of $879,530.00. Following the completion of the purchase, the insider now owns 8,035,969 shares in the company, valued at $45,162,145.78. The trade was a 1.99 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 Tuesday, March 18th, Fund 1 Investments, Llc purchased 25,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $5.52 per share, for a total transaction of $138,000.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc acquired 15,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $6.43 per share, for a total transaction of $99,665.00.
• On Monday, March 3rd, Fund 1 Investments, Llc bought 61,000 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 purchased 56,500 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 acquired 66,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 acquired 93,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 acquired 310,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.72 per share, with a total value of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc bought 40,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $8.57 per share, with a total value of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc purchased 1,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 acquired 70,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.12 per share, with a total value of $572,460.00.

1-800-FLOWERS.COM Price Performance

Shares of 1-800-FLOWERS.COM stock opened at $5.67 on Friday. The firm has a market cap of $360.62 million, a PE ratio of -51.55 and a beta of 1.81. The business has a 50-day moving average price of $7.56 and a 200 day moving average price of $7.80. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM, Inc. has a twelve month low of $5.43 and a twelve month high of $11.42.

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 return on equity of 0.76% and a negative net margin of 0.43%. Sell-side analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on FLWS. DA Davidson reiterated 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research note on Friday, March 7th.

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

A number of large investors have recently added to or reduced their stakes in the stock. Nomura Holdings Inc. grew its position in shares of 1-800-FLOWERS.COM by 63.6% in the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after purchasing an additional 1,143,027 shares during the period. Fund 1 Investments LLC boosted its holdings in 1-800-FLOWERS.COM by 12.4% in the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock worth $34,105,000 after buying an additional 461,000 shares during the last quarter. First Eagle Investment Management LLC boosted its holdings in 1-800-FLOWERS.COM by 117.4% in the 4th quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock worth $2,853,000 after buying an additional 188,582 shares during the last quarter. Empowered Funds LLC increased its stake in 1-800-FLOWERS.COM by 50.3% during the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after buying an additional 114,072 shares in the last quarter. Finally, Cannell Capital LLC acquired a new position in shares of 1-800-FLOWERS.COM during the fourth quarter valued at approximately $628,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.

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.