1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Buys 89,301 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 89,301 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The shares were acquired at an average cost of $8.38 per share, with a total value of $748,342.38. Following the purchase, the insider now directly owns 4,668,665 shares of the company’s stock, valued at approximately $39,123,412.70. The trade was a 1.95 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% 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 Friday, January 17th, Fund 1 Investments, Llc acquired 37,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price 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 shares were bought at an average cost of $7.64 per share, for a total transaction 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 purchased 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 stock was purchased at an average cost 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 transaction of $312,000.00.

1-800-FLOWERS.COM Stock Performance

FLWS opened at $8.40 on Thursday. The company has a market cap of $539.45 million, a P/E ratio of -60.00, a price-to-earnings-growth ratio of 3.19 and a beta of 1.58. The company has a fifty day moving average price of $7.83 and a two-hundred day moving average price of $8.34. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40. 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 posted its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share 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 firm’s revenue for the quarter was down 28.2% on a year-over-year basis. During the same period in the prior year, the business earned ($0.48) EPS. Analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

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

A number of institutional investors have recently modified their holdings of FLWS. Empowered Funds LLC increased its stake in 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 valued at $2,701,000 after purchasing an additional 114,072 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of 1-800-FLOWERS.COM during the third quarter valued at about $947,000. Sei Investments Co. increased its position in shares of 1-800-FLOWERS.COM by 15.7% during 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. raised its holdings in shares of 1-800-FLOWERS.COM by 37.7% in the 2nd 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 lifted its position in 1-800-FLOWERS.COM by 5.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after acquiring an additional 129,627 shares in the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FLWS has been the subject of several research analyst reports. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th. Finally, DA Davidson boosted their price target on 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.

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.