1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys $198,800.00 in Stock

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 40,000 shares of the stock in a transaction on Friday, June 13th. The shares were bought at an average price of $4.97 per share, for a total transaction of $198,800.00. Following the completion of the transaction, the insider now directly owns 9,479,673 shares of the company’s stock, valued at $47,113,974.81. This trade represents a 0.42% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Friday, June 6th, Fund 1 Investments, Llc purchased 21,320 shares of 1-800 FLOWERS.COM stock. The stock was acquired at an average price of $5.03 per share, for a total transaction of $107,239.60.
• On Monday, June 2nd, Fund 1 Investments, Llc purchased 30,000 shares of 1-800 FLOWERS.COM stock. The stock was acquired at an average price of $4.81 per share, for a total transaction of $144,300.00.
• On Monday, June 2nd, Fund 1 Investments, Llc purchased 30,000 shares of 1-800 FLOWERS.COM stock. The stock was acquired at an average price of $4.81 per share, for a total transaction of $144,300.00.
• On Friday, May 30th, Fund 1 Investments, Llc bought 49,576 shares of 1-800 FLOWERS.COM stock. The shares were purchased at an average price of $4.93 per share, for a total transaction of $244,409.68.
• On Friday, May 30th, Fund 1 Investments, Llc bought 49,576 shares of 1-800 FLOWERS.COM stock. The shares were purchased at an average price of $4.93 per share, for a total transaction of $244,409.68.
• On Thursday, May 29th, Fund 1 Investments, Llc bought 15,000 shares of 1-800 FLOWERS.COM stock. The shares were purchased at an average price of $4.92 per share, for a total transaction of $73,800.00.
• On Wednesday, May 28th, Fund 1 Investments, Llc bought 30,000 shares of 1-800 FLOWERS.COM stock. The shares were purchased at an average price of $4.80 per share, for a total transaction of $144,000.00.
• On Friday, May 23rd, Fund 1 Investments, Llc purchased 10,000 shares of 1-800 FLOWERS.COM stock. The shares were bought at an average cost of $4.67 per share, for a total transaction of $46,700.00.
• On Friday, May 16th, Fund 1 Investments, Llc purchased 60,000 shares of 1-800 FLOWERS.COM stock. The shares were bought at an average cost of $4.66 per share, for a total transaction of $279,600.00.
• On Thursday, May 15th, Fund 1 Investments, Llc purchased 105,000 shares of 1-800 FLOWERS.COM stock. The shares were bought at an average cost of $4.57 per share, for a total transaction of $479,850.00.

1-800 FLOWERS.COM Price Performance

FLWS opened at $5.12 on Wednesday. The company has a fifty day simple moving average of $5.14 and a 200 day simple moving average of $6.57. The firm has a market cap of $325.43 million, a price-to-earnings ratio of -1.93 and a beta of 1.49. 1-800 FLOWERS.COM, Inc. has a twelve month low of $3.86 and a twelve month high of $11.10. The company has a current ratio of 1.55, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45.

1-800 FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.37). The company had revenue of $331.45 million for the quarter, compared to analyst estimates of $367.85 million. 1-800 FLOWERS.COM had a negative return on equity of 7.12% and a negative net margin of 9.88%. 1-800 FLOWERS.COM’s revenue was down 23.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.28) earnings per share. Equities research analysts expect that 1-800 FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Analysts Set New Price Targets

FLWS has been the topic of a number of research reports. Noble Financial downgraded shares of 1-800 FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a research note on Wednesday, June 11th. DA Davidson reissued a “neutral” rating and issued a $7.50 target price on shares of 1-800 FLOWERS.COM in a research note on Friday, March 14th. Finally, Wall Street Zen downgraded shares of 1-800 FLOWERS.COM from a “hold” rating to a “sell” rating in a research note on Monday, May 12th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp lifted its position in 1-800 FLOWERS.COM by 120.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 1,999 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of 1-800 FLOWERS.COM during the fourth quarter valued at approximately $155,000. Inceptionr LLC bought a new stake in shares of 1-800 FLOWERS.COM during the fourth quarter valued at approximately $101,000. Aviance Capital Partners LLC raised its holdings in shares of 1-800 FLOWERS.COM by 20.9% during the fourth quarter. Aviance Capital Partners LLC now owns 191,135 shares of the specialty retailer’s stock valued at $1,562,000 after buying an additional 33,083 shares during the last quarter. Finally, First Eagle Investment Management LLC raised its holdings in shares of 1-800 FLOWERS.COM by 117.4% during the fourth quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock valued at $2,853,000 after buying an additional 188,582 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.