Fund 1 Investments, Llc Purchases 37,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 37,000 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was bought at an average cost of $8.15 per share, for a total transaction of $301,550.00. Following the transaction, the insider now 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 Wednesday, January 22nd, Fund 1 Investments, Llc bought 89,301 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $8.38 per share, for a total transaction of $748,342.38.
• On Wednesday, January 15th, Fund 1 Investments, Llc purchased 97,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.64 per share, with a total value 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 purchased 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 purchased 50,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.18 per share, for a total transaction of $359,000.00.
• 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 value of $312,000.00.

1-800-FLOWERS.COM Stock Performance

NASDAQ:FLWS remained flat at $8.40 during mid-day trading on Wednesday. The company had a trading volume of 635,449 shares, compared to its average volume of 436,741. The stock’s fifty day moving average price is $7.83 and its 200-day moving average price is $8.34. The stock has a market cap of $539.45 million, a PE ratio of -60.00, a price-to-earnings-growth ratio of 3.19 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 1-year low of $7.01 and a 1-year high of $11.42. 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 (NASDAQ:FLWS) last announced its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $193.20 million during the quarter, compared to analysts’ expectations of $246.88 million. During the same quarter in the previous year, the business posted ($0.48) earnings per share. 1-800-FLOWERS.COM’s quarterly revenue was down 28.2% on a year-over-year basis. On average, analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

FLWS has been the topic of a number of research analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday. 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. Finally, 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.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently made changes to their positions in FLWS. Empowered Funds LLC grew its position in 1-800-FLOWERS.COM by 50.3% during the third 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. GSA Capital Partners LLP acquired a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter worth $947,000. Sei Investments Co. increased its position 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 purchasing an additional 93,041 shares during the period. American Century Companies Inc. raised its stake in 1-800-FLOWERS.COM by 37.7% in the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock valued at $5,307,000 after purchasing an additional 152,536 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in 1-800-FLOWERS.COM by 5.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock worth $25,086,000 after purchasing an additional 129,627 shares during the period. 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.