Fund 1 Investments, Llc Acquires 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 firm’s stock in a transaction that occurred on Friday, January 17th. The shares were purchased at an average cost of $8.15 per share, for a total transaction of $301,550.00. Following the acquisition, the insider now directly owns 4,579,364 shares in the company, valued at $37,321,816.60. This trade represents a 0.81 % 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 Wednesday, January 22nd, Fund 1 Investments, Llc purchased 89,301 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.38 per share, for a total transaction of $748,342.38.
• On Wednesday, January 15th, Fund 1 Investments, Llc acquired 97,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.64 per share, with a total value of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired 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 acquired 50,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.18 per share, with a total value 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 transaction of $312,000.00.

1-800-FLOWERS.COM Price Performance

Shares of 1-800-FLOWERS.COM stock opened at $8.85 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44. 1-800-FLOWERS.COM, Inc. has a 52-week low of $7.01 and a 52-week high of $11.42. The company has a fifty day moving average of $7.85 and a 200-day moving average of $8.35. The stock has a market capitalization of $568.35 million, a price-to-earnings ratio of -63.21, a price-to-earnings-growth ratio of 3.29 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $193.20 million during the quarter, compared to analyst estimates of $246.88 million. During the same period in the prior year, the business posted ($0.48) earnings per share. The company’s revenue was down 28.2% on a year-over-year basis. Equities research analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on FLWS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th. DA Davidson raised their price target on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Finally, StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th.

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

Several institutional investors and hedge funds have recently bought and sold shares of FLWS. nVerses Capital LLC purchased a new stake in shares of 1-800-FLOWERS.COM during the third quarter valued at approximately $41,000. SG Americas Securities LLC bought a new stake in 1-800-FLOWERS.COM during the 3rd quarter valued at $106,000. JPMorgan Chase & Co. boosted its position in 1-800-FLOWERS.COM by 13.0% during 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. Paloma Partners Management Co bought a new stake in 1-800-FLOWERS.COM in the 3rd quarter worth $121,000. Finally, Federated Hermes Inc. increased its position in shares of 1-800-FLOWERS.COM by 8.9% in the second quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock valued at $244,000 after acquiring an additional 2,100 shares during the period. 38.43% of the stock is currently 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.