Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires 35,000 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 35,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were purchased at an average cost of $7.96 per share, for a total transaction of $278,600.00. Following the acquisition, the insider now directly owns 5,914,469 shares in the company, valued at $47,079,173.24. This trade represents a 0.60 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible 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 Friday, February 7th, Fund 1 Investments, Llc acquired 265,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $8.04 per share, with a total value of $2,134,620.00.
• On Monday, February 3rd, Fund 1 Investments, Llc bought 114,700 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $7.60 per share, for a total transaction of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc acquired 396,004 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price 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 price 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 bought 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 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 purchased 61,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 acquired 50,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $7.18 per share, for a total transaction of $359,000.00.

1-800-FLOWERS.COM Trading Down 0.6 %

Shares of FLWS opened at $8.05 on Friday. The stock has a market capitalization of $516.97 million, a P/E ratio of -73.18, a PEG ratio of 3.15 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a twelve month low of $6.56 and a twelve month high of $11.42. 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 firm has a fifty day simple moving average of $7.94 and a two-hundred day simple moving average of $8.22.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings results 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 net margin of 0.43% and a negative return on equity of 0.77%. On average, research analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on FLWS shares. DA Davidson reaffirmed a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th. 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, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, February 1st.

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

Hedge funds have recently made changes to their positions in the business. State Street Corp increased its position in 1-800-FLOWERS.COM by 0.5% during the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after purchasing an additional 2,886 shares during the period. Empowered Funds LLC boosted its stake in shares of 1-800-FLOWERS.COM by 5.1% during the 4th quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock valued at $2,925,000 after purchasing an additional 17,351 shares in the last quarter. Rice Hall James & Associates LLC increased its position in shares of 1-800-FLOWERS.COM by 23.6% during the third quarter. Rice Hall James & Associates LLC now owns 218,811 shares of the specialty retailer’s stock valued at $1,735,000 after buying an additional 41,737 shares during the period. Aviance Capital Partners LLC raised its stake in 1-800-FLOWERS.COM by 20.9% in the fourth quarter. Aviance Capital Partners LLC now owns 191,135 shares of the specialty retailer’s stock worth $1,562,000 after buying an additional 33,083 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in 1-800-FLOWERS.COM by 55.1% in the second quarter. AQR Capital Management LLC now owns 136,020 shares of the specialty retailer’s stock worth $1,295,000 after buying an additional 48,321 shares during the period. 38.43% of the stock is owned by hedge funds and other 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.