Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires 56,500 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 56,500 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of $6.91 per share, with a total value of $390,415.00. Following the transaction, the insider now owns 7,581,969 shares in the company, valued at $52,391,405.79. This represents a 0.75 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large 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 Monday, March 3rd, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $6.62 per share, with a total value of $403,820.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc bought 66,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $7.36 per share, with a total value of $485,760.00.
• On Monday, February 24th, Fund 1 Investments, Llc purchased 93,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.58 per share, for a total transaction of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc purchased 310,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.72 per share, for a total transaction of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc bought 40,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.57 per share, for a total transaction of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc bought 1,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.66 per share, for a total transaction of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc bought 70,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.12 per share, for a total transaction of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc bought 20,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.01 per share, for a total transaction of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc bought 265,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.04 per share, for a total transaction of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc bought 35,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.96 per share, for a total transaction of $278,600.00.

1-800-FLOWERS.COM Stock Performance

NASDAQ FLWS opened at $6.46 on Tuesday. 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 firm has a market capitalization of $410.86 million, a price-to-earnings ratio of -58.73 and a beta of 1.58. The company’s fifty day moving average is $8.00 and its two-hundred day moving average is $8.04. 1-800-FLOWERS.COM, Inc. has a 52-week low of $6.43 and a 52-week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 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 forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Wednesday, February 19th. 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 Thursday, January 30th. Finally, StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jones Financial Companies Lllp lifted its holdings in shares of 1-800-FLOWERS.COM by 120.1% during the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 1,999 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth about $37,000. Quantbot Technologies LP bought a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth about $84,000. XTX Topco Ltd bought a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth about $92,000. Finally, Inceptionr LLC bought a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth about $101,000. 38.43% of the stock is owned by 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.