Fund 1 Investments, Llc Acquires 93,500 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 93,500 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average price of $7.58 per share, with a total value of $708,730.00. Following the acquisition, the insider now owns 7,178,469 shares of the company’s stock, valued at $54,412,795.02. This represents a 1.32 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own 10% or more 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, February 26th, Fund 1 Investments, Llc acquired 66,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.36 per share, for a total transaction of $485,760.00.
• On Friday, February 21st, Fund 1 Investments, Llc acquired 310,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $7.72 per share, with a total value of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc purchased 40,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.57 per share, for a total transaction of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc acquired 1,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $8.66 per share, with a total value of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc bought 70,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $8.12 per share, for a total transaction of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc bought 20,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.01 per share, with a total value of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc purchased 265,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.04 per share, for a total transaction of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc acquired 35,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $7.96 per share, with a total value of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc bought 114,700 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.60 per share, for a total transaction of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc purchased 396,004 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.73 per share, with a total value of $3,061,110.92.

1-800-FLOWERS.COM Stock Performance

Shares of 1-800-FLOWERS.COM stock opened at $7.27 on Thursday. 1-800-FLOWERS.COM, Inc. has a 1 year low of $6.56 and a 1 year high of $11.42. The firm’s 50-day moving average is $8.03 and its 200 day moving average is $8.10. The stock has a market cap of $462.38 million, a price-to-earnings ratio of -66.09 and a beta of 1.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. Sell-side analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FLWS. Nomura Holdings Inc. increased its holdings in shares of 1-800-FLOWERS.COM by 63.6% in the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after purchasing an additional 1,143,027 shares in the last quarter. Fund 1 Investments LLC grew its stake in shares of 1-800-FLOWERS.COM by 12.4% in the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock worth $34,105,000 after acquiring an additional 461,000 shares during the period. First Eagle Investment Management LLC lifted its position in 1-800-FLOWERS.COM by 117.4% during the fourth quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock valued at $2,853,000 after purchasing an additional 188,582 shares during the period. GSA Capital Partners LLP purchased a new stake in 1-800-FLOWERS.COM in the third quarter worth approximately $947,000. Finally, Empowered Funds LLC boosted its holdings in 1-800-FLOWERS.COM by 50.3% in the third 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. 38.43% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on FLWS shares. DA Davidson restated a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Wednesday, February 19th.

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.