Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires $871,720.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 114,700 shares of the stock in a transaction on Monday, February 3rd. The stock was purchased at an average price of $7.60 per share, with a total value of $871,720.00. Following the completion of the purchase, the insider now owns 5,874,469 shares of the company’s stock, valued at $44,645,964.40. This represents a 1.99 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

• 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, 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 acquired 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 acquired 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 acquired 37,000 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 bought 97,000 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 purchased 61,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost of $7.33 per share, with a total value 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 bought at an average cost of $7.18 per share, for a total transaction of $359,000.00.

1-800-FLOWERS.COM Trading Up 1.0 %

NASDAQ FLWS opened at $8.10 on Friday. 1-800-FLOWERS.COM, Inc. has a 1 year low of $6.56 and a 1 year 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 company has a market capitalization of $520.18 million, a PE ratio of -73.64, a P/E/G ratio of 3.15 and a beta of 1.58. The company has a fifty day moving average of $7.94 and a 200 day moving average of $8.23.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data 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 0.77%. Research analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of FLWS. Jones Financial Companies Lllp increased its holdings 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 purchasing an additional 1,999 shares in the last quarter. nVerses Capital LLC acquired a new stake in 1-800-FLOWERS.COM during the third quarter valued at $41,000. Inceptionr LLC purchased a new position in 1-800-FLOWERS.COM in the fourth quarter valued at $101,000. SG Americas Securities LLC acquired a new position in shares of 1-800-FLOWERS.COM in the third quarter worth about $106,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of 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 worth $112,000 after acquiring an additional 1,623 shares in the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.