Fund 1 Investments, Llc Acquires 40,500 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 40,500 shares of 1-800-FLOWERS.COM stock in a transaction dated Wednesday, February 19th. The shares were purchased at an average cost of $8.57 per share, with a total value of $347,085.00. Following the acquisition, the insider now owns 6,441,469 shares of the company’s stock, valued at approximately $55,203,389.33. This trade represents a 0.63 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares 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 21st, Fund 1 Investments, Llc acquired 310,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.72 per share, for a total transaction of $2,393,200.00.
• On Friday, February 14th, Fund 1 Investments, Llc bought 1,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.66 per share, with a total value of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc purchased 70,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $8.12 per share, for a total transaction of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc acquired 20,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.01 per share, with a total value of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc bought 265,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.04 per share, for a total transaction of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc purchased 35,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 cost 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 cost of $7.73 per share, with a total value 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, for a total transaction 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, with a total value of $748,342.38.

1-800-FLOWERS.COM Stock Down 6.7 %

FLWS stock opened at $7.66 on Friday. The firm has a market cap of $487.18 million, a PE ratio of -69.64 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 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The firm has a 50 day simple moving average of $8.03 and a 200 day simple moving average of $8.14.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (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%. Equities research analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

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

A number of hedge funds and other institutional investors have recently modified their holdings of FLWS. Fund 1 Investments LLC raised its holdings in 1-800-FLOWERS.COM by 12.4% during the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock worth $34,105,000 after buying an additional 461,000 shares during the period. Nomura Holdings Inc. raised its holdings in shares of 1-800-FLOWERS.COM by 63.6% during the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after acquiring an additional 1,143,027 shares during the period. Gamco Investors INC. ET AL lifted its position in shares of 1-800-FLOWERS.COM by 6.3% in the 4th quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock valued at $10,493,000 after acquiring an additional 76,400 shares in the last quarter. State Street Corp boosted its stake in 1-800-FLOWERS.COM by 0.5% in the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after purchasing an additional 2,886 shares during the period. Finally, Empowered Funds LLC grew its position in 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 worth $2,925,000 after purchasing an additional 17,351 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

Analyst Ratings Changes

FLWS has been the topic of several recent analyst reports. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. DA Davidson reissued 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. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Wednesday.

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.