Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires 265,500 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc bought 265,500 shares of the stock in a transaction on Friday, February 7th. The stock was purchased at an average price of $8.04 per share, for a total transaction of $2,134,620.00. Following the completion of the purchase, the insider now owns 6,244,469 shares of the company’s stock, valued at approximately $50,205,530.76. This trade represents a 4.44 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Wednesday, February 5th, Fund 1 Investments, Llc acquired 35,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $7.96 per share, with a total value of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc acquired 114,700 shares of 1-800-FLOWERS.COM stock. The shares were acquired 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 acquired at an average price of $7.73 per share, with a total value of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc purchased 73,100 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.68 per share, for a total transaction of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc acquired 89,301 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.38 per share, with a total value of $748,342.38.
• On Friday, January 17th, Fund 1 Investments, Llc bought 37,000 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 purchased 97,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $7.64 per share, with a total value of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc acquired 61,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.33 per share, for a total transaction of $447,130.00.
• On Friday, January 10th, Fund 1 Investments, Llc bought 50,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.18 per share, with a total value of $359,000.00.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS opened at $8.05 on Monday. 1-800-FLOWERS.COM, Inc. has a 12-month low of $6.56 and a 12-month high of $11.42. The company has a current ratio of 1.51, a quick ratio of 0.41 and a debt-to-equity ratio of 0.32. The company has a market cap of $511.98 million, a PE ratio of -73.18 and a beta of 1.58. The stock has a 50-day moving average price of $7.94 and a 200-day moving average price of $8.21.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (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%. As a group, equities analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its position in 1-800-FLOWERS.COM by 120.1% during the fourth 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 in the last quarter. nVerses Capital LLC bought a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at about $41,000. Inceptionr LLC purchased a new position in shares of 1-800-FLOWERS.COM during the 4th quarter valued at about $101,000. SG Americas Securities LLC bought a new stake in 1-800-FLOWERS.COM in the 3rd quarter worth approximately $106,000. Finally, JPMorgan Chase & Co. boosted its stake in 1-800-FLOWERS.COM by 13.0% in the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after buying an additional 1,623 shares in the last quarter. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on FLWS shares. DA Davidson restated a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Thursday, January 30th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, February 1st. Finally, StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

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.