1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $748,342.38 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc purchased 89,301 shares of the business’s stock in a transaction on Wednesday, January 22nd. The stock was bought at an average cost of $8.38 per share, for a total transaction of $748,342.38. Following the purchase, the insider now owns 4,668,665 shares of the company’s stock, valued at approximately $39,123,412.70. This represents a 1.95 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% 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, January 17th, Fund 1 Investments, Llc purchased 37,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $8.15 per share, for a total transaction of $301,550.00.
• On Wednesday, January 15th, Fund 1 Investments, Llc bought 97,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.64 per share, for a total transaction of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc bought 61,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $7.33 per share, with a total value of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc acquired 50,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.18 per share, with a total value of $359,000.00.
• On Monday, November 4th, Fund 1 Investments, Llc sold 40,000 shares of 1-800-FLOWERS.COM stock. The shares were sold at an average price of $7.80, for a total value of $312,000.00.

1-800-FLOWERS.COM Price Performance

NASDAQ:FLWS opened at $8.95 on Friday. The company has a market cap of $574.77 million, a P/E ratio of -63.93, a P/E/G ratio of 3.29 and a beta of 1.58. The firm’s fifty day moving average price is $7.87 and its two-hundred day moving average price is $8.34. 1-800-FLOWERS.COM, Inc. has a one year low of $7.01 and a one year high of $11.42. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.02. The company had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The firm’s quarterly revenue was down 28.2% compared to the same quarter last year. During the same quarter last year, the company earned ($0.48) earnings per share. Equities analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.17 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on FLWS shares. StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, January 18th. Finally, DA Davidson raised their price objective on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Thursday, October 31st.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

A number of hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. grew its holdings in shares of 1-800-FLOWERS.COM by 37.7% during the 2nd quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock worth $5,307,000 after purchasing an additional 152,536 shares in the last quarter. Federated Hermes Inc. grew its stake in 1-800-FLOWERS.COM by 8.9% during the second quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock worth $244,000 after buying an additional 2,100 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in 1-800-FLOWERS.COM by 5.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after buying an additional 129,627 shares during the period. Hsbc Holdings PLC raised its position in shares of 1-800-FLOWERS.COM by 7.2% in the 2nd quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock valued at $304,000 after buying an additional 2,148 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of 1-800-FLOWERS.COM by 15.7% during the 2nd quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock worth $6,540,000 after acquiring an additional 93,041 shares during the period. Institutional investors own 38.43% of the company’s stock.

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.