Fund 1 Investments, Llc Buys 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 purchased 61,000 shares of 1-800-FLOWERS.COM stock in a transaction on Monday, January 13th. The stock was bought at an average cost of $7.33 per share, for a total transaction of $447,130.00. Following the transaction, the insider now directly owns 4,285,364 shares in the company, valued at $31,411,718.12. This represents a 1.44 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, January 15th, Fund 1 Investments, Llc bought 97,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased 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 purchased 50,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 shares were sold at an average price of $7.80, for a total transaction of $312,000.00.

1-800-FLOWERS.COM Stock Up 6.8 %

Shares of NASDAQ:FLWS opened at $8.16 on Friday. The firm has a 50 day simple moving average of $7.89 and a 200-day simple moving average of $8.39. 1-800-FLOWERS.COM, Inc. has a twelve month low of $7.01 and a twelve month high of $11.42. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $524.04 million, a PE ratio of -58.29, a P/E/G ratio of 2.81 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, topping the consensus estimate of ($0.53) by $0.02. The firm had revenue of $193.20 million for the quarter, compared to analyst estimates 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%. 1-800-FLOWERS.COM’s revenue for the quarter was down 28.2% compared to the same quarter last year. During the same period last year, the business earned ($0.48) EPS. On average, equities analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

Institutional Trading of 1-800-FLOWERS.COM

Large investors have recently made changes to their positions in the company. nVerses Capital LLC acquired a new position in 1-800-FLOWERS.COM during the third quarter worth approximately $41,000. SG Americas Securities LLC acquired a new position in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at $106,000. JPMorgan Chase & Co. increased its holdings in shares of 1-800-FLOWERS.COM by 13.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after acquiring an additional 1,623 shares during the period. Paloma Partners Management Co purchased a new stake in 1-800-FLOWERS.COM in the 3rd quarter valued at $121,000. Finally, Federated Hermes Inc. boosted its stake in 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 purchasing an additional 2,100 shares during the period. 38.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. DA Davidson increased their price objective on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Thursday, October 31st.

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.