Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases 10,000 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc purchased 10,000 shares of the stock in a transaction dated Friday, May 23rd. The shares were bought at an average cost of $4.67 per share, for a total transaction of $46,700.00. Following the completion of the purchase, the insider now owns 9,293,777 shares in the company, valued at approximately $43,401,938.59. This trade represents a 0.11% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Major 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 Thursday, May 29th, Fund 1 Investments, Llc purchased 15,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $4.92 per share, with a total value of $73,800.00.
• On Wednesday, May 28th, Fund 1 Investments, Llc acquired 30,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average price of $4.80 per share, with a total value of $144,000.00.
• On Friday, May 16th, Fund 1 Investments, Llc acquired 60,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average cost of $4.66 per share, with a total value 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 price of $4.57 per share, with a total value of $479,850.00.
• On Monday, April 28th, Fund 1 Investments, Llc purchased 35,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost 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 stock was purchased at an average cost of $5.46 per share, for a total transaction of $546,000.00.
• On Wednesday, April 23rd, Fund 1 Investments, Llc acquired 30,000 shares of 1-800-FLOWERS.COM stock. The stock was purchased at an average price of $5.42 per share, for a total transaction of $162,600.00.
• On Monday, April 21st, Fund 1 Investments, Llc purchased 5,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $5.17 per share, for a total transaction of $25,850.00.
• On Wednesday, April 16th, Fund 1 Investments, Llc purchased 20,000 shares of 1-800-FLOWERS.COM stock. The shares were acquired at an average cost of $5.22 per share, with a total value of $104,400.00.
• On Monday, April 14th, Fund 1 Investments, Llc acquired 40,000 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average cost of $5.27 per share, for a total transaction of $210,800.00.

1-800-FLOWERS.COM Stock Up 1.0%

Shares of 1-800-FLOWERS.COM stock traded up $0.05 during trading hours on Tuesday, hitting $4.86. 234,688 shares of the company's stock traded hands, compared to its average volume of 485,441. 1-800-FLOWERS.COM, Inc. has a twelve month low of $3.86 and a twelve month high of $11.10. The company has a market cap of $308.92 million, a PE ratio of -44.18 and a beta of 1.58. 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 stock has a 50 day simple moving average of $5.27 and a 200-day simple moving average of $6.78.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its quarterly earnings results 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 net margin of 0.43% and a negative return on equity of 0.76%. The business had revenue of $331.45 million during the quarter, compared to analysts' expectations of $367.85 million. During the same period in the prior year, the company posted ($0.28) EPS. The company's revenue for the quarter was down 23.1% on a year-over-year basis. Equities research analysts anticipate 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 have recently made changes to their positions in FLWS. AlphaQuest LLC bought a new stake in shares of 1-800-FLOWERS.COM in the 1st quarter worth about $25,000. Jones Financial Companies Lllp grew its stake in 1-800-FLOWERS.COM by 120.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer's stock worth $30,000 after purchasing an additional 1,999 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in 1-800-FLOWERS.COM in the fourth quarter valued at about $37,000. Quarry LP acquired a new stake in 1-800-FLOWERS.COM during the first quarter valued at approximately $39,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in 1-800-FLOWERS.COM by 123.7% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,671 shares of the specialty retailer's stock valued at $81,000 after buying an additional 7,561 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.

Analyst Upgrades and Downgrades

FLWS has been the subject of several analyst reports. DA Davidson reaffirmed a "neutral" rating and issued a $7.50 target price on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th. Weiss Ratings restated a "sell (d-)" rating on shares of 1-800-FLOWERS.COM in a report on Saturday, May 24th. Wall Street Zen lowered shares of 1-800-FLOWERS.COM from a "hold" rating to a "sell" rating in a research note on Monday, May 12th. Finally, Noble Financial downgraded shares of 1-800-FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 9th.

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.