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

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc acquired 265,500 shares of the firm's stock in a transaction dated Friday, February 7th. The stock was bought at an average price of $8.04 per share, with a total value of $2,134,620.00. Following the purchase, the insider now directly owns 6,244,469 shares in the company, valued at approximately $50,205,530.76. This trade represents a 4.44 % increase in their position. 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 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 bought 35,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $7.96 per share, for a total transaction of $278,600.00.
• On Monday, February 3rd, Fund 1 Investments, Llc bought 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 shares were acquired at an average cost of $7.73 per share, for a total transaction of $3,061,110.92.
• On Tuesday, January 28th, Fund 1 Investments, Llc bought 73,100 shares of 1-800-FLOWERS.COM stock. The shares were acquired 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, for a total transaction 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 acquired at an average cost 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 shares were purchased at an average cost of $7.64 per share, for a total transaction of $741,080.00.
• On Monday, January 13th, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased 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 purchased 50,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $7.18 per share, for a total transaction of $359,000.00.

1-800-FLOWERS.COM Price Performance

1-800-FLOWERS.COM stock traded up $0.28 during trading hours on Tuesday, hitting $8.38. The stock had a trading volume of 705,064 shares, compared to its average volume of 633,047. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 0.41. The stock has a market capitalization of $532.97 million, a price-to-earnings ratio of -76.18 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 1-year low of $6.56 and a 1-year high of $11.42. The stock's fifty day moving average is $7.94 and its two-hundred day moving average is $8.20.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last posted its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share 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, analysts predict that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, February 1st. DA Davidson restated a "neutral" rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th. Finally, StockNews.com cut 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a research note on Saturday, November 9th.

Institutional Trading of 1-800-FLOWERS.COM

A number of large investors have recently made changes to their positions in the stock. State Street Corp boosted its stake in shares of 1-800-FLOWERS.COM by 0.5% during the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer's stock valued at $4,755,000 after acquiring an additional 2,886 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of 1-800-FLOWERS.COM by 5.1% during the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer's stock valued at $2,925,000 after acquiring an additional 17,351 shares during the last quarter. First Eagle Investment Management LLC boosted its stake 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 valued at $2,853,000 after acquiring an additional 188,582 shares during the last quarter. Rice Hall James & Associates LLC boosted its stake 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 valued at $1,735,000 after acquiring an additional 41,737 shares during the last quarter. Finally, Aviance Capital Partners LLC boosted its stake in shares of 1-800-FLOWERS.COM by 20.9% during the fourth quarter. Aviance Capital Partners LLC now owns 191,135 shares of the specialty retailer's stock valued at $1,562,000 after acquiring an additional 33,083 shares during the last quarter. Institutional investors and hedge funds 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.