Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases 310,000 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 310,000 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Friday, February 21st. The shares were bought at an average price of $7.72 per share, for a total transaction of $2,393,200.00. Following the transaction, the insider now directly owns 7,084,969 shares of the company’s stock, valued at $54,695,960.68. This trade represents a 4.58 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• 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 purchased 1,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.66 per share, for a total transaction of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc purchased 70,500 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 purchased 20,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $8.01 per share, for a total transaction of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc acquired 265,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired 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 acquired at an average cost of $7.96 per share, for a total transaction of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc acquired 114,700 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.60 per share, for a total transaction of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc bought 396,004 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.73 per share, for a total transaction of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc bought 73,100 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.68 per share, for a total transaction of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc bought 89,301 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.38 per share, for a total transaction of $748,342.38.

1-800-FLOWERS.COM Stock Down 6.7 %

Shares of 1-800-FLOWERS.COM stock opened at $7.66 on Monday. The company has a market cap of $487.18 million, a price-to-earnings ratio of -69.64 and a beta of 1.58. The company’s 50 day moving average is $8.03 and its 200 day moving average is $8.13. 1-800-FLOWERS.COM, Inc. has a twelve month low of $6.56 and a twelve month high of $11.42. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates 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%. Research analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Wall Street Analyst Weigh In

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

Institutional Trading of 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new stake in shares of 1-800-FLOWERS.COM in the third quarter worth $106,000. Hennion & Walsh Asset Management Inc. increased its stake in shares of 1-800-FLOWERS.COM by 3.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock worth $353,000 after purchasing an additional 1,472 shares in the last quarter. Rice Hall James & Associates LLC increased its stake in shares of 1-800-FLOWERS.COM by 23.6% in the third quarter. Rice Hall James & Associates LLC now owns 218,811 shares of the specialty retailer’s stock worth $1,735,000 after purchasing an additional 41,737 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in shares of 1-800-FLOWERS.COM in the third quarter worth $947,000. Finally, Empowered Funds LLC increased its stake in shares of 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 in the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

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.