Fund 1 Investments, Llc Purchases 47,598 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 47,598 shares of the company’s stock in a transaction on Friday, April 11th. The stock was bought at an average cost of $5.28 per share, for a total transaction of $251,317.44. Following the completion of the acquisition, the insider now directly owns 8,320,567 shares of the company’s stock, valued at approximately $43,932,593.76. This represents a 0.58 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Monday, April 14th, Fund 1 Investments, Llc purchased 40,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost of $5.27 per share, with a total value of $210,800.00.
• On Wednesday, April 9th, Fund 1 Investments, Llc bought 30,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $5.71 per share, for a total transaction of $171,300.00.
• On Monday, April 7th, Fund 1 Investments, Llc acquired 2,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $5.79 per share, for a total transaction of $14,475.00.
• On Monday, March 31st, Fund 1 Investments, Llc bought 12,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $5.94 per share, for a total transaction of $74,250.00.
• On Friday, March 28th, Fund 1 Investments, Llc purchased 2,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $5.80 per share, with a total value of $11,600.00.
• On Wednesday, March 26th, Fund 1 Investments, Llc bought 5,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $6.01 per share, for a total transaction of $30,050.00.
• On Monday, March 24th, Fund 1 Investments, Llc purchased 30,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $5.92 per share, for a total transaction of $177,600.00.
• On Thursday, March 20th, Fund 1 Investments, Llc acquired 156,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $5.62 per share, with a total value of $879,530.00.
• On Tuesday, March 18th, Fund 1 Investments, Llc bought 25,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $5.52 per share, for a total transaction of $138,000.00.
• On Wednesday, March 5th, Fund 1 Investments, Llc purchased 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.

1-800-FLOWERS.COM Price Performance

NASDAQ:FLWS traded up $0.04 during trading hours on Monday, hitting $5.32. 594,858 shares of the stock traded hands, compared to its average volume of 426,201. The stock has a 50 day moving average price of $6.66 and a 200 day moving average price of $7.54. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. The company has a market cap of $338.36 million, a price-to-earnings ratio of -48.36 and a beta of 1.80. 1-800-FLOWERS.COM, Inc. has a 1 year low of $4.96 and a 1 year high of $11.10.

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 the consensus estimate 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%. Sell-side analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on FLWS shares. DA Davidson reissued a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Friday, March 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research note on Tuesday, April 8th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fund 1 Investments LLC raised its position in shares of 1-800-FLOWERS.COM by 12.4% during 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 buying an additional 461,000 shares during the last quarter. Nomura Holdings Inc. increased its holdings in 1-800-FLOWERS.COM by 63.6% in the 4th 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 increased its holdings in 1-800-FLOWERS.COM by 6.3% in the 4th 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 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after purchasing an additional 2,886 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of 1-800-FLOWERS.COM by 5.1% during 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 currently owned by 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.