1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Purchases 49,576 Shares

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc acquired 49,576 shares of the company's stock in a transaction dated Friday, May 30th. The shares were bought at an average cost of $4.93 per share, with a total value of $244,409.68. Following the purchase, the insider now owns 9,388,353 shares of the company's stock, valued at approximately $46,284,580.29. This trade represents a 0.53% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% 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 Monday, June 2nd, Fund 1 Investments, Llc acquired 30,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $4.81 per share, with a total value of $144,300.00.
• On Monday, June 2nd, Fund 1 Investments, Llc bought 30,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $4.81 per share, with a total value of $144,300.00.
• On Friday, May 30th, Fund 1 Investments, Llc purchased 49,576 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $4.93 per share, for a total transaction of $244,409.68.
• On Thursday, May 29th, Fund 1 Investments, Llc acquired 15,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $4.92 per share, for a total transaction of $73,800.00.
• On Wednesday, May 28th, Fund 1 Investments, Llc bought 30,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average cost of $4.80 per share, with a total value of $144,000.00.
• On Friday, May 23rd, Fund 1 Investments, Llc acquired 10,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $4.67 per share, for a total transaction of $46,700.00.
• On Friday, May 16th, Fund 1 Investments, Llc purchased 60,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average price of $4.66 per share, for a total transaction of $279,600.00.
• On Thursday, May 15th, Fund 1 Investments, Llc purchased 105,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $4.57 per share, for a total transaction of $479,850.00.
• On Monday, April 28th, Fund 1 Investments, Llc acquired 35,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price of $5.42 per share, with a total value of $189,700.00.
• On Friday, April 25th, Fund 1 Investments, Llc bought 100,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $5.46 per share, with a total value of $546,000.00.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS traded down $0.03 during mid-day trading on Friday, hitting $5.01. 157,120 shares of the company's stock were exchanged, compared to its average volume of 488,946. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $3.86 and a fifty-two week high of $11.10. The business's 50 day moving average is $5.21 and its two-hundred day moving average is $6.74. The firm has a market capitalization of $318.14 million, a P/E ratio of -45.43 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The specialty retailer reported ($0.71) EPS for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.37). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. The company had revenue of $331.45 million for the quarter, compared to analysts' expectations of $367.85 million. During the same period in the prior year, the firm posted ($0.28) EPS. The firm's quarterly revenue was down 23.1% on a year-over-year basis. On average, equities analysts expect that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of 1-800-FLOWERS.COM in a report on Saturday, May 24th. DA Davidson reiterated a "neutral" rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Friday, March 14th. Noble Financial cut 1-800-FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a report on Friday, May 9th. Finally, Wall Street Zen downgraded 1-800-FLOWERS.COM from a "hold" rating to a "sell" rating in a research report on Monday, May 12th.

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

Several hedge funds have recently bought and sold shares of FLWS. JPMorgan Chase & Co. grew its holdings in 1-800-FLOWERS.COM by 13.0% in the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer's stock valued at $112,000 after purchasing an additional 1,623 shares during the last quarter. Empowered Funds LLC grew its stake in 1-800-FLOWERS.COM by 5.1% in the 4th 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. Jones Financial Companies Lllp increased its holdings in 1-800-FLOWERS.COM by 120.1% during the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer's stock valued at $30,000 after acquiring an additional 1,999 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter valued at about $155,000. Finally, Inceptionr LLC acquired a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter valued at approximately $101,000. 38.43% of the stock is owned by hedge funds and other institutional investors.

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.