1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $2,393,200.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc acquired 310,000 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were bought at an average cost of $7.72 per share, for a total transaction of $2,393,200.00. Following the purchase, the insider now owns 7,084,969 shares of the company's stock, valued at approximately $54,695,960.68. The trade was a 4.58 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major 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 Wednesday, February 19th, Fund 1 Investments, Llc bought 40,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $8.57 per share, for a total transaction of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc purchased 1,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $8.66 per share, with a total value of $8,660.00.
• On Wednesday, February 12th, Fund 1 Investments, Llc acquired 70,500 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $8.12 per share, with a total value of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc bought 20,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $8.01 per share, for a total transaction of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc purchased 265,500 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $8.04 per share, for a total transaction of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc acquired 35,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $7.96 per share, with a total value of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc bought 114,700 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $7.60 per share, for a total transaction of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc purchased 396,004 shares of 1-800-FLOWERS.COM stock. The shares were purchased 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 acquired 73,100 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $8.68 per share, for a total transaction of $634,508.00.
• On Wednesday, January 22nd, Fund 1 Investments, Llc bought 89,301 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $8.38 per share, with a total value of $748,342.38.

1-800-FLOWERS.COM Stock Down 1.4 %

FLWS traded down $0.11 during trading hours on Tuesday, reaching $7.45. 468,555 shares of the stock traded hands, compared to its average volume of 668,204. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $6.56 and a fifty-two week high of $11.42. The company has a market cap of $473.51 million, a price-to-earnings ratio of -67.68 and a beta of 1.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The firm's fifty day simple moving average is $8.02 and its two-hundred day simple moving average is $8.12.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. As a group, analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Institutional Trading of 1-800-FLOWERS.COM

Hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new position in 1-800-FLOWERS.COM during the 3rd quarter valued at $106,000. Hennion & Walsh Asset Management Inc. raised its stake in shares of 1-800-FLOWERS.COM by 3.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer's stock valued at $353,000 after purchasing an additional 1,472 shares in the last quarter. Rice Hall James & Associates LLC lifted its position in shares of 1-800-FLOWERS.COM by 23.6% during the third quarter. Rice Hall James & Associates LLC now owns 218,811 shares of the specialty retailer's stock worth $1,735,000 after purchasing an additional 41,737 shares during the last quarter. GSA Capital Partners LLP acquired a new position in 1-800-FLOWERS.COM in the third quarter worth about $947,000. Finally, Empowered Funds LLC increased its holdings in 1-800-FLOWERS.COM by 50.3% in the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer's stock valued at $2,701,000 after buying an additional 114,072 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.

Wall Street Analyst Weigh In

FLWS has been the subject of several research reports. Weiss Ratings reiterated a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a research note on Wednesday, February 19th. StockNews.com downgraded 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a report on Saturday, November 9th. Finally, DA Davidson restated a "neutral" rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th.

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.