1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $138,838.14 in Stock

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc acquired 27,657 shares of the firm’s stock in a transaction dated Monday, June 23rd. The stock was bought at an average price of $5.02 per share, for a total transaction of $138,838.14. Following the completion of the acquisition, the insider now owns 9,507,330 shares in the company, valued at approximately $47,726,796.60. The trade was a 0.29% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more 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 Tuesday, June 24th, Fund 1 Investments, Llc acquired 19,920 shares of 1-800 FLOWERS.COM stock. The stock was bought at an average price of $5.06 per share, for a total transaction of $100,795.20.
• On Friday, June 13th, Fund 1 Investments, Llc acquired 40,000 shares of 1-800 FLOWERS.COM stock. The stock was bought at an average price of $4.97 per share, for a total transaction of $198,800.00.
• On Friday, June 6th, Fund 1 Investments, Llc bought 21,320 shares of 1-800 FLOWERS.COM stock. The shares were 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 bought 30,000 shares of 1-800 FLOWERS.COM stock. The shares were 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 bought 30,000 shares of 1-800 FLOWERS.COM stock. The shares were 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 acquired 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 acquired 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 acquired 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 acquired 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 acquired 10,000 shares of 1-800 FLOWERS.COM stock. The stock was purchased at an average price of $4.67 per share, for a total transaction of $46,700.00.

1-800 FLOWERS.COM Price Performance

Shares of FLWS opened at $4.92 on Thursday. The company has a current ratio of 1.55, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45. The firm’s fifty day simple moving average is $5.11 and its 200-day simple moving average is $6.46. The firm has a market capitalization of $312.72 million, a price-to-earnings ratio of -1.86 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.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a report on Wednesday, June 11th. Noble Financial lowered shares of 1-800 FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a report on Friday, May 9th. Wall Street Zen lowered shares of 1-800 FLOWERS.COM from a “hold” rating to a “sell” rating in a report on Monday, May 12th. Finally, DA Davidson restated a “neutral” rating and issued a $7.50 price objective on shares of 1-800 FLOWERS.COM in a report on Friday, March 14th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Jones Financial Companies Lllp grew its position in shares of 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 buying an additional 1,999 shares during the last quarter. AlphaQuest LLC purchased a new position in shares of 1-800 FLOWERS.COM in the 1st quarter valued at $25,000. KLP Kapitalforvaltning AS purchased a new position in shares of 1-800 FLOWERS.COM in the 4th quarter valued at $37,000. Quarry LP purchased a new position in shares of 1-800 FLOWERS.COM in the 1st quarter valued at $39,000. Finally, Quantbot Technologies LP purchased a new position in shares of 1-800 FLOWERS.COM in the 4th quarter valued at $84,000. 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.