1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires $871,720.00 in 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 bought at an average cost of $7.60 per share, for a total transaction of $871,720.00. Following the purchase, the insider now directly owns 5,874,469 shares in the company, valued at $44,645,964.40. This trade represents a 1.99 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• On Thursday, January 30th, Fund 1 Investments, Llc acquired 396,004 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.73 per share, for a total transaction of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc bought 73,100 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $8.68 per share, with a total value of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc purchased 89,301 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 acquired 37,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $8.15 per share, with a total value of $301,550.00.
• 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 cost of $7.64 per share, for a total transaction of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc acquired 61,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.33 per share, with a total value of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc bought 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.

1-800-FLOWERS.COM Stock Up 1.0 %

Shares of FLWS opened at $8.10 on Friday. The stock has a fifty day simple moving average of $7.94 and a two-hundred day simple moving average of $8.23. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $520.18 million, a PE ratio of -73.64, a price-to-earnings-growth ratio of 3.15 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 52-week low of $6.56 and a 52-week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results 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 0.77% and a negative net margin of 0.43%. As a group, equities analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FLWS. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, February 1st. DA Davidson reiterated a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. Finally, StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

Institutional Trading of 1-800-FLOWERS.COM

Institutional investors have recently made changes to their positions in the company. Jones Financial Companies Lllp grew its position in 1-800-FLOWERS.COM by 120.1% in the fourth 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. nVerses Capital LLC acquired a new position in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at $41,000. Inceptionr LLC purchased a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth $101,000. SG Americas Securities LLC acquired a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter worth about $106,000. Finally, JPMorgan Chase & Co. raised 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 valued at $112,000 after buying an additional 1,623 shares during the period. Hedge funds and other institutional investors own 38.43% of the company’s stock.

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.