1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Purchases 265,500 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 265,500 shares of 1-800-FLOWERS.COM stock in a transaction on Friday, February 7th. The stock was acquired at an average cost of $8.04 per share, with a total value of $2,134,620.00. Following the acquisition, the insider now owns 6,244,469 shares of the company’s stock, valued at $50,205,530.76. This trade represents a 4.44 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, February 5th, Fund 1 Investments, Llc acquired 35,000 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 bought 114,700 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 purchased 396,004 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.73 per share, with a total value of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc purchased 73,100 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $8.68 per share, for a total transaction of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc acquired 89,301 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.38 per share, with a total value of $748,342.38.
• On Friday, January 17th, Fund 1 Investments, Llc bought 37,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $8.15 per share, for a total transaction 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 price of $7.64 per share, with a total value 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 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 bought 50,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.18 per share, with a total value of $359,000.00.

1-800-FLOWERS.COM Price Performance

1-800-FLOWERS.COM stock opened at $8.05 on Friday. The stock has a market capitalization of $516.97 million, a P/E ratio of -73.18, a P/E/G ratio of 3.15 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 12-month low of $6.56 and a 12-month 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. The firm’s 50-day moving average is $7.94 and its two-hundred day moving average is $8.22.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its 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 return on equity of 0.77% and a negative net margin of 0.43%. Equities analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

FLWS has been the subject of a number of recent research reports. StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, February 1st. Finally, DA Davidson reissued a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th.

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 the business. Jones Financial Companies Lllp boosted its stake in 1-800-FLOWERS.COM by 120.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock worth $30,000 after buying an additional 1,999 shares during the last quarter. nVerses Capital LLC purchased a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter worth about $41,000. Inceptionr LLC acquired a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth approximately $101,000. SG Americas Securities LLC purchased a new stake in 1-800-FLOWERS.COM in the third quarter valued at approximately $106,000. Finally, JPMorgan Chase & Co. increased its position in 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 worth $112,000 after purchasing an additional 1,623 shares during the last quarter. Hedge funds and other institutional investors own 38.43% of the company’s stock.

About 1-800-FLOWERS.COM

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.