Fund 1 Investments, Llc Acquires 93,500 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 93,500 shares of 1-800-FLOWERS.COM stock in a transaction dated Monday, February 24th. The stock was bought at an average price of $7.58 per share, for a total transaction of $708,730.00. Following the completion of the purchase, the insider now owns 7,178,469 shares in the company, valued at $54,412,795.02. This represents a 1.32 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 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, February 26th, Fund 1 Investments, Llc acquired 66,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost of $7.36 per share, with a total value of $485,760.00.
• On Friday, February 21st, Fund 1 Investments, Llc bought 310,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.72 per share, for a total transaction of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc purchased 40,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.57 per share, with a total value of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc acquired 1,000 shares of 1-800-FLOWERS.COM stock. The shares were 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, with a total value of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc purchased 20,500 shares of 1-800-FLOWERS.COM stock. The shares were 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 acquired 265,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.04 per share, with a total value of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc purchased 35,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $7.96 per share, with a total value of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc purchased 114,700 shares of 1-800-FLOWERS.COM stock. The shares were 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 acquired at an average cost of $7.73 per share, for a total transaction of $3,061,110.92.

1-800-FLOWERS.COM Trading Down 3.3 %

FLWS stock traded down $0.25 during midday trading on Wednesday, hitting $7.27. The stock had a trading volume of 855,064 shares, compared to its average volume of 684,286. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. The firm has a market cap of $462.38 million, a P/E ratio of -66.09 and a beta of 1.58. The business has a fifty day moving average price of $8.02 and a two-hundred day moving average price of $8.11. 1-800-FLOWERS.COM, Inc. has a 1-year low of $6.56 and a 1-year 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 EPS for the quarter, missing the consensus estimate 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 0.76%. On average, sell-side analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Institutional Trading of 1-800-FLOWERS.COM

Large investors have recently modified their holdings of the stock. Empowered Funds LLC boosted its stake 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 acquiring an additional 114,072 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of 1-800-FLOWERS.COM by 13.0% during the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after purchasing an additional 1,623 shares during the period. GSA Capital Partners LLP bought a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter worth about $947,000. Jane Street Group LLC grew its stake in shares of 1-800-FLOWERS.COM by 66.1% in the 3rd quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock valued at $448,000 after buying an additional 22,460 shares during the period. Finally, Arkadios Wealth Advisors increased its position in 1-800-FLOWERS.COM by 12.9% in the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock valued at $288,000 after buying an additional 4,015 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. DA Davidson reaffirmed a “neutral” rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Wednesday, February 19th.

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.