Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys 93,500 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc bought 93,500 shares of the firm's stock in a transaction on Monday, February 24th. The stock was bought at an average cost of $7.58 per share, for a total transaction of $708,730.00. Following the transaction, the insider now directly owns 7,178,469 shares of the company's stock, valued at $54,412,795.02. The trade was a 1.32 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

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

• 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 Friday, February 21st, Fund 1 Investments, Llc bought 310,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price 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 stock was bought 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 bought at an average price of $8.66 per share, for a total transaction 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 purchased 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 purchased 20,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $8.01 per share, with a total value of $164,205.00.
• On Friday, February 7th, Fund 1 Investments, Llc purchased 265,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $8.04 per share, with a total value of $2,134,620.00.
• On Wednesday, February 5th, Fund 1 Investments, Llc purchased 35,000 shares of 1-800-FLOWERS.COM stock. The shares were bought 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 purchased 114,700 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $7.60 per share, with a total value 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 cost of $7.73 per share, with a total value of $3,061,110.92.

1-800-FLOWERS.COM Price Performance

1-800-FLOWERS.COM stock traded down $0.02 during midday trading on Friday, reaching $6.90. 907,086 shares of the company were exchanged, compared to its average volume of 706,682. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. The company has a market capitalization of $438.85 million, a price-to-earnings ratio of -62.73 and a beta of 1.58. The firm's 50-day simple moving average is $8.02 and its 200-day simple moving average is $8.07. 1-800-FLOWERS.COM, Inc. has a 1 year low of $6.56 and a 1 year high of $11.42.

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 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%. On average, analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Empowered Funds LLC lifted its position in 1-800-FLOWERS.COM by 50.3% during the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer's stock worth $2,701,000 after acquiring an additional 114,072 shares in the last quarter. JPMorgan Chase & Co. lifted its position in 1-800-FLOWERS.COM by 13.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer's stock worth $112,000 after acquiring an additional 1,623 shares in the last quarter. GSA Capital Partners LLP acquired a new position in 1-800-FLOWERS.COM during the 3rd quarter worth approximately $947,000. Jane Street Group LLC lifted its position in 1-800-FLOWERS.COM by 66.1% during the 3rd quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer's stock worth $448,000 after acquiring an additional 22,460 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer's stock worth $288,000 after purchasing an additional 4,015 shares during the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on FLWS shares. StockNews.com downgraded 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a report on Saturday, November 9th. DA Davidson restated a "neutral" rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research report on Thursday, January 30th. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a research report on Wednesday, February 19th.

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.