Fund 1 Investments, Llc Purchases 105,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 105,000 shares of the stock in a transaction that occurred on Thursday, May 15th. The stock was acquired at an average price of $4.57 per share, for a total transaction of $479,850.00. Following the acquisition, the insider now directly owns 9,223,777 shares in the company, valued at $42,152,660.89. The trade was a 1.15% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 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, May 16th, Fund 1 Investments, Llc acquired 60,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $4.66 per share, with a total value of $279,600.00.
• On Monday, April 28th, Fund 1 Investments, Llc bought 35,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $5.42 per share, for a total transaction of $189,700.00.
• On Friday, April 25th, Fund 1 Investments, Llc purchased 100,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $5.46 per share, with a total value of $546,000.00.
• On Wednesday, April 23rd, Fund 1 Investments, Llc acquired 30,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $5.42 per share, for a total transaction of $162,600.00.
• On Monday, April 21st, Fund 1 Investments, Llc acquired 5,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $5.17 per share, for a total transaction of $25,850.00.
• On Wednesday, April 16th, Fund 1 Investments, Llc bought 20,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $5.22 per share, with a total value of $104,400.00.
• On Monday, April 14th, Fund 1 Investments, Llc purchased 40,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $5.27 per share, for a total transaction of $210,800.00.
• On Friday, April 11th, Fund 1 Investments, Llc acquired 47,598 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $5.28 per share, with a total value of $251,317.44.
• On Wednesday, April 9th, Fund 1 Investments, Llc bought 30,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $5.71 per share, for a total transaction of $171,300.00.
• On Monday, April 7th, Fund 1 Investments, Llc bought 2,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $5.79 per share, with a total value of $14,475.00.

1-800-FLOWERS.COM Stock Performance

NASDAQ:FLWS opened at $4.65 on Tuesday. 1-800-FLOWERS.COM, Inc. has a 12 month low of $3.86 and a 12 month high of $11.10. 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’s 50 day moving average is $5.48 and its 200 day moving average is $7.05. The stock has a market capitalization of $295.74 million, a PE ratio of -42.27 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by ($0.37). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. The firm had revenue of $331.45 million during the quarter, compared to the consensus estimate of $367.85 million. During the same quarter in the previous year, the firm earned ($0.28) earnings per share. The business’s quarterly revenue was down 23.1% compared to the same quarter last year. Sell-side analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted 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 period. Arkadios Wealth Advisors raised its position in shares of 1-800-FLOWERS.COM by 12.9% in the fourth quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock valued at $288,000 after purchasing an additional 4,015 shares during the period. Empowered Funds LLC lifted 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 buying an additional 17,351 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of 1-800-FLOWERS.COM by 120.1% during the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 1,999 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in 1-800-FLOWERS.COM in the 4th quarter worth approximately $155,000. 38.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. StockNews.com cut 1-800-FLOWERS.COM from a “hold” rating to a “sell” rating in a research report on Monday, May 12th. Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, May 10th. Noble Financial lowered shares of 1-800-FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 9th. Finally, DA Davidson restated a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Friday, March 14th.

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.