Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys $403,820.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc acquired 61,000 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The shares were acquired at an average cost of $6.62 per share, for a total transaction of $403,820.00. Following the completion of the transaction, the insider now directly owns 7,642,969 shares of the company’s stock, valued at $50,596,454.78. The trade was a 0.80 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Major 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 Friday, February 28th, Fund 1 Investments, Llc bought 56,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $6.91 per share, for a total transaction of $390,415.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc purchased 66,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $7.36 per share, with a total value of $485,760.00.
• On Monday, February 24th, Fund 1 Investments, Llc acquired 93,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.58 per share, for a total transaction of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc bought 310,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost 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 purchased at an average cost 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 purchased at an average cost 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 stock was purchased at an average cost of $8.12 per share, for a total transaction of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc purchased 20,500 shares of 1-800-FLOWERS.COM stock. The shares were 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 acquired 265,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price 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 stock was acquired at an average cost of $7.96 per share, for a total transaction of $278,600.00.

1-800-FLOWERS.COM Price Performance

NASDAQ FLWS opened at $6.59 on Thursday. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM, Inc. has a 12 month low of $6.13 and a 12 month high of $11.42. The stock has a market cap of $419.13 million, a price-to-earnings ratio of -59.91 and a beta of 1.58. The company’s 50 day moving average is $7.97 and its two-hundred day moving average is $8.02.

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

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

Large investors have recently made changes to their positions in the business. GSA Capital Partners LLP bought a new stake in 1-800-FLOWERS.COM during the 3rd quarter valued at approximately $947,000. Empowered Funds LLC raised its position in shares of 1-800-FLOWERS.COM by 50.3% during the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock valued at $2,701,000 after buying an additional 114,072 shares during the last quarter. Quest Partners LLC bought a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at about $452,000. Aviance Capital Partners LLC grew its position in shares of 1-800-FLOWERS.COM by 21.9% during the third quarter. Aviance Capital Partners LLC now owns 158,052 shares of the specialty retailer’s stock valued at $1,253,000 after purchasing an additional 28,437 shares in the last quarter. Finally, Paloma Partners Management Co bought a new stake in shares of 1-800-FLOWERS.COM in the third quarter worth about $121,000. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

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.