Fund 1 Investments, Llc Acquires 37,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 37,000 shares of 1-800-FLOWERS.COM stock in a transaction dated Friday, January 17th. The shares were purchased at an average price of $8.15 per share, for a total transaction of $301,550.00. Following the completion of the acquisition, the insider now owns 4,579,364 shares of the company’s stock, valued at approximately $37,321,816.60. The trade was a 0.81 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% 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 Wednesday, January 22nd, Fund 1 Investments, Llc acquired 89,301 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $8.38 per share, with a total value of $748,342.38.
• 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 cost of $7.64 per share, with a total value of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc bought 61,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.33 per share, for a total transaction of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc purchased 50,000 shares of 1-800-FLOWERS.COM stock. The stock was 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 shares were sold at an average price of $7.80, for a total value of $312,000.00.

1-800-FLOWERS.COM Price Performance

Shares of NASDAQ:FLWS opened at $8.85 on Friday. 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 stock has a market cap of $568.35 million, a PE ratio of -63.21, a price-to-earnings-growth ratio of 3.29 and a beta of 1.58. The stock’s fifty day simple moving average is $7.85 and its two-hundred day simple moving average is $8.35. 1-800-FLOWERS.COM, Inc. has a 1-year low of $7.01 and a 1-year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.02. The company had revenue of $193.20 million during the quarter, compared to the consensus estimate of $246.88 million. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. 1-800-FLOWERS.COM’s revenue was down 28.2% on a year-over-year basis. During the same period last year, the business posted ($0.48) earnings per share. As a group, analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

Institutional Trading of 1-800-FLOWERS.COM

Several hedge funds have recently added to or reduced their stakes in the stock. Empowered Funds LLC increased its stake in shares of 1-800-FLOWERS.COM by 50.3% during the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after purchasing an additional 114,072 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in 1-800-FLOWERS.COM in the third quarter worth $947,000. Sei Investments Co. raised its stake in shares of 1-800-FLOWERS.COM by 15.7% in the second quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock valued at $6,540,000 after buying an additional 93,041 shares during the period. American Century Companies Inc. lifted its position in shares of 1-800-FLOWERS.COM by 37.7% during the 2nd quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock valued at $5,307,000 after buying an additional 152,536 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake 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 worth $25,086,000 after acquiring an additional 129,627 shares during the period. Institutional investors own 38.43% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on FLWS. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, January 18th. Finally, DA Davidson raised their price objective on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research note 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.