Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys 70,500 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc bought 70,500 shares of the stock in a transaction on Wednesday, February 12th. The shares were bought at an average price of $8.12 per share, for a total transaction of $572,460.00. Following the acquisition, the insider now owns 6,384,469 shares in the company, valued at $51,841,888.28. The trade was a 1.12 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large 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 Monday, February 10th, Fund 1 Investments, Llc bought 20,500 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 acquired 265,500 shares of 1-800-FLOWERS.COM stock. The shares were acquired 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 acquired at an average price of $7.96 per share, for a total transaction 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 price of $7.60 per share, for a total transaction of $871,720.00.
• On Thursday, January 30th, Fund 1 Investments, Llc acquired 396,004 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $7.73 per share, for a total transaction of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc acquired 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 shares were acquired at an average price of $8.38 per share, for a total transaction of $748,342.38.
• On Friday, January 17th, Fund 1 Investments, Llc acquired 37,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired 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 acquired 97,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired 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 purchased at an average price of $7.33 per share, for a total transaction of $447,130.00.

1-800-FLOWERS.COM Stock Up 6.4 %

NASDAQ:FLWS traded up $0.55 during mid-day trading on Friday, hitting $9.09. The company had a trading volume of 833,031 shares, compared to its average volume of 657,557. The business has a fifty day simple moving average of $7.98 and a 200-day simple moving average of $8.16. The company has a current ratio of 1.51, a quick ratio of 0.41 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM, Inc. has a 1 year low of $6.56 and a 1 year high of $11.42. The firm has a market capitalization of $578.12 million, a price-to-earnings ratio of -82.64 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 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%. 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

Hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its position in shares of 1-800-FLOWERS.COM by 37.1% during the fourth quarter. Jane Street Group LLC now owns 77,375 shares of the specialty retailer's stock worth $632,000 after acquiring an additional 20,935 shares during the last quarter. Northern Trust Corp increased its position in shares of 1-800-FLOWERS.COM by 1.1% during the fourth quarter. Northern Trust Corp now owns 244,373 shares of the specialty retailer's stock worth $1,997,000 after acquiring an additional 2,663 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of 1-800-FLOWERS.COM during the fourth quarter worth about $108,000. Two Sigma Securities LLC purchased a new stake in shares of 1-800-FLOWERS.COM during the fourth quarter worth about $106,000. Finally, Gamco Investors INC. ET AL increased its position in shares of 1-800-FLOWERS.COM by 6.3% during the fourth quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer's stock worth $10,493,000 after acquiring an additional 76,400 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FLWS. StockNews.com cut 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a report on Saturday, November 9th. Weiss Ratings reiterated a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a report on Saturday, February 1st. Finally, DA Davidson reiterated a "neutral" rating and issued a $7.50 target price on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th.

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.