Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $2,393,200.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 310,000 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was acquired at an average cost of $7.72 per share, for a total transaction of $2,393,200.00. Following the transaction, the insider now owns 7,084,969 shares in the company, valued at $54,695,960.68. This represents a 4.58 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 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 Wednesday, February 19th, Fund 1 Investments, Llc acquired 40,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.57 per share, with a total value 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 price of $8.66 per share, with a total value of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc acquired 70,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.12 per share, with a total value of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc acquired 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 shares were bought at an average price of $8.04 per share, with a total value of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc purchased 35,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.96 per share, with a total value of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc purchased 114,700 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.60 per share, with a total value of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc acquired 396,004 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $7.73 per share, with a total value of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc acquired 73,100 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.68 per share, with a total value of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc acquired 89,301 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.38 per share, with a total value of $748,342.38.

1-800-FLOWERS.COM Stock Performance

NASDAQ FLWS opened at $7.66 on Monday. 1-800-FLOWERS.COM, Inc. has a 52-week low of $6.56 and a 52-week high of $11.42. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. The company has a market capitalization of $487.18 million, a P/E ratio of -69.64 and a beta of 1.58. The company has a fifty day moving average of $8.03 and a 200-day moving average of $8.13.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. As a group, equities research analysts predict 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

Large investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp raised its position in 1-800-FLOWERS.COM by 120.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 1,999 shares during the period. KLP Kapitalforvaltning AS purchased a new position in 1-800-FLOWERS.COM in the 4th quarter worth $37,000. Quantbot Technologies LP purchased a new position in shares of 1-800-FLOWERS.COM in the fourth quarter valued at about $84,000. XTX Topco Ltd purchased a new position in shares of 1-800-FLOWERS.COM in the fourth quarter valued at about $92,000. Finally, Inceptionr LLC purchased a new position in shares of 1-800-FLOWERS.COM in the fourth quarter valued at about $101,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

Analyst Ratings Changes

FLWS has been the subject of a number of recent research reports. DA Davidson reiterated a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Wednesday, February 19th. Finally, StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

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.