Fund 1 Investments, Llc Purchases 56,500 Shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc purchased 56,500 shares of the stock in a transaction dated Friday, February 28th. The shares were acquired at an average cost of $6.91 per share, for a total transaction of $390,415.00. Following the completion of the acquisition, the insider now owns 7,581,969 shares of the company's stock, valued at approximately $52,391,405.79. This represents a 0.75 % increase in their ownership of the stock. The transaction was disclosed in a document filed 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 Monday, March 3rd, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $6.62 per share, for a total transaction of $403,820.00.
• On Wednesday, February 26th, Fund 1 Investments, Llc purchased 66,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.36 per share, for a total transaction of $485,760.00.
• On Monday, February 24th, Fund 1 Investments, Llc purchased 93,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.58 per share, for a total transaction of $708,730.00.
• On Friday, February 21st, Fund 1 Investments, Llc purchased 310,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.72 per share, for a total transaction of $2,393,200.00.
• On Wednesday, February 19th, Fund 1 Investments, Llc purchased 40,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $8.57 per share, for a total transaction of $347,085.00.
• On Friday, February 14th, Fund 1 Investments, Llc acquired 1,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased 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 shares were purchased at an average price of $8.12 per share, with a total value of $572,460.00.
• On Monday, February 10th, Fund 1 Investments, Llc acquired 20,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $8.01 per share, with a total value of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc acquired 265,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $8.04 per share, with a total value 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.

1-800-FLOWERS.COM Stock Performance

FLWS traded down $0.14 during midday trading on Thursday, reaching $6.45. The company had a trading volume of 809,925 shares, compared to its average volume of 721,794. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average of $7.95 and a two-hundred day moving average of $8.01. The company has a market cap of $410.23 million, a P/E ratio of -58.64 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 1 year low of $6.13 and a 1 year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 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, equities research analysts predict 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

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Nomura Holdings Inc. grew its position in shares of 1-800-FLOWERS.COM by 63.6% during the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer's stock worth $24,033,000 after purchasing an additional 1,143,027 shares in the last quarter. Fund 1 Investments LLC grew its position in shares of 1-800-FLOWERS.COM by 12.4% during the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer's stock worth $34,105,000 after purchasing an additional 461,000 shares in the last quarter. First Eagle Investment Management LLC grew its position 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 worth $2,853,000 after purchasing an additional 188,582 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in shares of 1-800-FLOWERS.COM during the third quarter worth about $947,000. Finally, Empowered Funds LLC grew its position in shares of 1-800-FLOWERS.COM by 50.3% during the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer's stock worth $2,701,000 after purchasing an additional 114,072 shares in the last quarter. Hedge funds and other institutional investors own 38.43% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on FLWS. Weiss Ratings reiterated a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a research report on Wednesday, February 19th. DA Davidson reiterated a "neutral" rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Thursday, January 30th. Finally, StockNews.com cut 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a research 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.