Fund 1 Investments, Llc Purchases 61,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 61,000 shares of the firm’s stock in a transaction on Monday, January 13th. The shares were acquired at an average cost of $7.33 per share, with a total value of $447,130.00. Following the purchase, the insider now directly owns 4,285,364 shares of the company’s stock, valued at approximately $31,411,718.12. This represents a 1.44 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more 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 15th, Fund 1 Investments, Llc purchased 97,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $7.64 per share, for a total transaction of $741,080.00.
• 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 price 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 stock was sold at an average price of $7.80, for a total value of $312,000.00.

1-800-FLOWERS.COM Stock Performance

FLWS traded up $0.24 during midday trading on Wednesday, hitting $7.64. 352,026 shares of the company traded hands, compared to its average volume of 384,292. The company’s 50-day moving average is $7.91 and its 200 day moving average is $8.39. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $490.64 million, a PE ratio of -54.57, a price-to-earnings-growth ratio of 3.10 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 52 week low of $7.01 and a 52 week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.02. The business had revenue of $193.20 million during the quarter, compared to the consensus estimate of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The firm’s revenue was down 28.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.48) EPS. On average, 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 brokerages recently issued reports on FLWS. DA Davidson upped their price target on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its holdings in shares of 1-800-FLOWERS.COM by 6.3% in the second quarter. Bank of New York Mellon Corp now owns 111,029 shares of the specialty retailer’s stock worth $1,057,000 after buying an additional 6,586 shares during the last quarter. American Century Companies Inc. raised its position in 1-800-FLOWERS.COM by 37.7% in the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock worth $5,307,000 after acquiring an additional 152,536 shares during the period. Federated Hermes Inc. boosted its stake in shares of 1-800-FLOWERS.COM by 8.9% during the 2nd quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock worth $244,000 after acquiring an additional 2,100 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of 1-800-FLOWERS.COM by 5.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after acquiring an additional 129,627 shares during the period. Finally, Hsbc Holdings PLC grew its position in shares of 1-800-FLOWERS.COM by 7.2% during the 2nd quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock valued at $304,000 after acquiring an additional 2,148 shares during the period. 38.43% of the stock is owned by hedge funds and other institutional investors.

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.