1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Buys 61,000 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 61,000 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Monday, January 13th. The stock was purchased at an average cost of $7.33 per share, with a total value of $447,130.00. Following the completion of the acquisition, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own more than 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 Wednesday, January 15th, Fund 1 Investments, Llc acquired 97,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.64 per share, with a total value of $741,080.00.
• On Friday, January 10th, Fund 1 Investments, Llc bought 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 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 FLWS stock traded up $0.24 during trading hours on Wednesday, hitting $7.64. The stock had a trading volume of 352,026 shares, compared to its average volume of 384,292. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. The stock has a market capitalization of $490.64 million, a price-to-earnings ratio of -54.57, a PEG ratio of 3.10 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a one year low of $7.01 and a one year high of $11.42. The stock’s 50-day moving average price is $7.91 and its two-hundred day moving average price is $8.39.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.02. The business had revenue of $193.20 million for 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%. The company’s revenue was down 28.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.48) EPS. Equities analysts forecast that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on FLWS. DA Davidson increased their target price on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

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

Large investors have recently bought and sold shares of the business. Empowered Funds LLC grew its stake in shares of 1-800-FLOWERS.COM by 50.3% in the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after buying an additional 114,072 shares in the last quarter. GSA Capital Partners LLP bought a new position in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at about $947,000. Sei Investments Co. grew its position in 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 worth $6,540,000 after acquiring an additional 93,041 shares in the last quarter. American Century Companies Inc. increased its stake in 1-800-FLOWERS.COM by 37.7% during 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 last quarter. Finally, Dimensional Fund Advisors LP raised its position in 1-800-FLOWERS.COM by 5.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after purchasing an additional 129,627 shares during the period. Institutional investors own 38.43% of the company’s stock.

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.