Fund 1 Investments, Llc Purchases 310,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 310,000 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were acquired at an average price of $7.72 per share, with a total value of $2,393,200.00. Following the completion of the acquisition, the insider now owns 7,084,969 shares of the company’s stock, valued at approximately $54,695,960.68. The trade was a 4.58 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more 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 Wednesday, February 19th, Fund 1 Investments, Llc purchased 40,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.57 per share, with a total value of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc purchased 1,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired 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 price of $8.12 per share, with a total value of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc bought 20,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 purchased at an average price of $8.04 per share, with a total value of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc bought 35,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 stock was purchased at an average price of $7.60 per share, with a total value of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc bought 396,004 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 bought 73,100 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.68 per share, with a total value of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc acquired 89,301 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.38 per share, with a total value of $748,342.38.

1-800-FLOWERS.COM Price Performance

Shares of FLWS stock opened at $7.66 on Friday. The stock’s fifty day moving average is $8.03 and its 200-day moving average is $8.14. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. The stock has a market capitalization of $487.18 million, a PE ratio of -69.64 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 52 week low of $6.56 and a 52 week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. Equities research analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

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

Several hedge funds have recently added to or reduced their stakes in the company. Fund 1 Investments LLC boosted its holdings in 1-800-FLOWERS.COM by 12.4% in the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after acquiring an additional 461,000 shares during the last quarter. Nomura Holdings Inc. boosted its holdings in 1-800-FLOWERS.COM by 63.6% in 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 last quarter. Gamco Investors INC. ET AL boosted its holdings in 1-800-FLOWERS.COM by 6.3% during the fourth quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock worth $10,493,000 after buying an additional 76,400 shares during the last quarter. State Street Corp boosted its holdings in 1-800-FLOWERS.COM by 0.5% during the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after buying an additional 2,886 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in 1-800-FLOWERS.COM by 5.1% during the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock worth $2,925,000 after buying an additional 17,351 shares during the last quarter. Institutional investors own 38.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on FLWS shares. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Wednesday. Finally, DA Davidson reiterated a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note 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.