Fund 1 Investments, Llc Buys 93,500 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 93,500 shares of the stock in a transaction on Monday, February 24th. The shares were bought at an average cost of $7.58 per share, for a total transaction of $708,730.00. Following the purchase, the insider now owns 7,178,469 shares in the company, valued at $54,412,795.02. This trade represents a 1.32 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 26th, Fund 1 Investments, Llc acquired 66,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.36 per share, with a total value of $485,760.00.
• On Friday, February 21st, Fund 1 Investments, Llc acquired 310,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.72 per share, with a total value of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc acquired 40,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired 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 shares were acquired 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 shares were acquired 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 shares were acquired 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 shares were acquired 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 bought 35,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 bought 114,700 shares of 1-800-FLOWERS.COM stock. The stock was purchased 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 cost of $7.73 per share, for a total transaction of $3,061,110.92.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS opened at $6.92 on Friday. The company’s 50 day moving average price is $8.02 and its 200 day moving average price is $8.10. 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 market capitalization of $440.12 million, a PE ratio of -62.91 and a beta of 1.58. 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 announced its quarterly earnings data 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 expect that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on FLWS. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Wednesday, February 19th. DA Davidson reissued a “neutral” rating and issued a $7.50 target price on shares of 1-800-FLOWERS.COM in a research report on Thursday, January 30th. Finally, 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.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLWS. Fund 1 Investments LLC lifted its stake in 1-800-FLOWERS.COM by 12.4% in the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after acquiring an additional 461,000 shares during the last quarter. Nomura Holdings Inc. lifted its stake 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 valued at $24,033,000 after acquiring an additional 1,143,027 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in 1-800-FLOWERS.COM by 6.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock valued at $10,493,000 after acquiring an additional 76,400 shares during the last quarter. State Street Corp lifted its stake in 1-800-FLOWERS.COM by 0.5% in the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after acquiring an additional 2,886 shares during the last quarter. Finally, Empowered Funds LLC lifted its stake in 1-800-FLOWERS.COM by 5.1% in the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock valued at $2,925,000 after acquiring an additional 17,351 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

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.