1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Buys 50,000 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 50,000 shares of the stock in a transaction that occurred on Friday, January 10th. The stock was bought at an average cost of $7.18 per share, for a total transaction of $359,000.00. Following the transaction, the insider now owns 4,224,364 shares of the company’s stock, valued at $30,330,933.52. The trade was a 1.20 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major 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 shares were bought at an average price 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 stock was purchased at an average cost of $7.33 per share, with a total value of $447,130.00.
• On Monday, November 4th, Fund 1 Investments, Llc sold 40,000 shares of 1-800-FLOWERS.COM stock. The stock was sold at an average price of $7.80, for a total transaction of $312,000.00.

1-800-FLOWERS.COM Stock Performance

1-800-FLOWERS.COM stock traded up $0.24 during mid-day trading on Wednesday, hitting $7.64. 352,026 shares of the company’s stock traded hands, compared to its average volume of 384,292. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $11.42. The stock has a market cap of $490.64 million, a price-to-earnings ratio of -54.57, a P/E/G ratio of 3.10 and a beta of 1.58. The firm has a 50 day simple moving average of $7.91 and a two-hundred day simple moving average of $8.39. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its earnings results 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. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The company had revenue of $193.20 million during the quarter, compared to analysts’ expectations of $246.88 million. During the same quarter last year, the company posted ($0.48) EPS. 1-800-FLOWERS.COM’s quarterly revenue was down 28.2% compared to the same quarter last year. On average, research analysts expect 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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Empowered Funds LLC lifted its holdings 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 worth $2,701,000 after purchasing an additional 114,072 shares during the last quarter. GSA Capital Partners LLP bought a new position in 1-800-FLOWERS.COM during the 3rd quarter worth $947,000. Sei Investments Co. lifted its holdings 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 buying an additional 93,041 shares in the last quarter. American Century Companies Inc. boosted its position in shares of 1-800-FLOWERS.COM by 37.7% in the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock valued at $5,307,000 after acquiring an additional 152,536 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of 1-800-FLOWERS.COM by 5.2% in 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 acquiring an additional 129,627 shares during the period. Institutional investors and hedge funds own 38.43% of the company’s stock.

Wall Street Analyst Weigh In

FLWS has been the subject of a number of analyst reports. DA Davidson lifted their price objective on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Thursday, October 31st. StockNews.com cut 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.