1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $3,061,110.92 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 396,004 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Thursday, January 30th. The shares were bought at an average cost of $7.73 per share, for a total transaction of $3,061,110.92. Following the transaction, the insider now directly owns 5,154,769 shares of the company’s stock, valued at $39,846,364.37. This represents a 8.32 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% 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 Tuesday, January 28th, Fund 1 Investments, Llc bought 73,100 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 bought 89,301 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.38 per share, with a total value of $748,342.38.
• On Friday, January 17th, Fund 1 Investments, Llc purchased 37,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $8.15 per share, with a total value 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 cost of $7.64 per share, with a total value of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc acquired 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 purchased at an average price of $7.18 per share, for a total transaction 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 transaction of $312,000.00.

1-800-FLOWERS.COM Stock Down 8.4 %

FLWS traded down $0.74 during trading on Thursday, hitting $8.09. 1,591,892 shares of the company’s stock were exchanged, compared to its average volume of 529,442. The stock has a market cap of $519.54 million, a P/E ratio of -57.79, a PEG ratio of 3.29 and a beta of 1.58. The business’s 50 day moving average is $7.95 and its two-hundred day moving average is $8.31. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $6.56 and a fifty-two week high of $11.42. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. As a group, equities analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Several institutional investors have recently bought and sold shares of the stock. Hennion & Walsh Asset Management Inc. grew its position in 1-800-FLOWERS.COM by 3.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock worth $353,000 after purchasing an additional 1,472 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in 1-800-FLOWERS.COM by 13.0% during the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after purchasing an additional 1,623 shares during the period. Hsbc Holdings PLC increased its position in 1-800-FLOWERS.COM by 7.2% in the second quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock worth $304,000 after buying an additional 2,148 shares during the last quarter. State Street Corp raised its stake in shares of 1-800-FLOWERS.COM by 0.5% in the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after buying an additional 2,886 shares during the period. Finally, Arkadios Wealth Advisors lifted its position in shares of 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock valued at $288,000 after buying an additional 4,015 shares during the last quarter. Institutional investors own 38.43% of the company’s stock.

Wall Street Analysts Forecast Growth

FLWS has been the subject of several analyst reports. 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. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, January 18th. Finally, DA Davidson reiterated a “neutral” rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a report on Thursday.

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.