Fund 1 Investments, Llc Acquires 25,000 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 25,000 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were purchased at an average cost of $5.52 per share, for a total transaction of $138,000.00. Following the completion of the acquisition, the insider now owns 7,859,469 shares of the company’s stock, valued at $43,384,268.88. This trade represents a 0.32 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own at least 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 Thursday, March 20th, Fund 1 Investments, Llc acquired 156,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $5.62 per share, for a total transaction of $879,530.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc bought 15,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $6.43 per share, with a total value of $99,665.00.
• On Monday, March 3rd, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $6.62 per share, for a total transaction of $403,820.00.
• On Friday, February 28th, Fund 1 Investments, Llc acquired 56,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $6.91 per share, with a total value of $390,415.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc bought 66,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $7.36 per share, for a total transaction of $485,760.00.
• On Monday, February 24th, Fund 1 Investments, Llc bought 93,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.58 per share, with a total value of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc acquired 310,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $7.72 per share, for a total transaction of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc bought 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 purchased 1,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased 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 acquired 70,500 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.12 per share, with a total value of $572,460.00.

1-800-FLOWERS.COM Stock Performance

FLWS stock opened at $5.80 on Friday. The firm has a 50 day simple moving average of $7.53 and a 200 day simple moving average of $7.79. 1-800-FLOWERS.COM, Inc. has a 52 week low of $5.43 and a 52 week high of $11.42. The stock has a market cap of $368.89 million, a P/E ratio of -52.73 and a beta of 1.81. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51.

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 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 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FLWS has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research note on Friday, March 7th. DA Davidson reissued a “neutral” rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Fund 1 Investments LLC grew its stake in shares of 1-800-FLOWERS.COM by 12.4% in the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after buying an additional 461,000 shares in the last quarter. Nomura Holdings Inc. grew its position in 1-800-FLOWERS.COM by 63.6% in the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after acquiring an additional 1,143,027 shares in the last quarter. Gamco Investors INC. ET AL increased its stake in shares of 1-800-FLOWERS.COM by 6.3% during the 4th quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock worth $10,493,000 after purchasing an additional 76,400 shares during the last quarter. State Street Corp raised its holdings in shares of 1-800-FLOWERS.COM by 0.5% during the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after purchasing an additional 2,886 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of 1-800-FLOWERS.COM by 5.1% in the 4th quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock valued at $2,925,000 after purchasing an additional 17,351 shares during the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

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.