1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases $198,800.00 in Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc purchased 40,000 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Friday, June 13th. The shares were acquired at an average price of $4.97 per share, for a total transaction of $198,800.00. Following the acquisition, the insider now owns 9,479,673 shares in the company, valued at $47,113,974.81. This trade represents a 0.42% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through 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 Friday, June 6th, Fund 1 Investments, Llc purchased 21,320 shares of 1-800-FLOWERS.COM stock. The stock was bought at an average price of $5.03 per share, for a total transaction of $107,239.60.
• On Monday, June 2nd, Fund 1 Investments, Llc acquired 30,000 shares of 1-800-FLOWERS.COM stock. The stock was bought 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 cost of $4.81 per share, for a total transaction 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 bought at an average cost of $4.93 per share, with a total value of $244,409.68.
• On Friday, May 30th, Fund 1 Investments, Llc acquired 49,576 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost 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 shares were purchased at an average cost of $4.92 per share, with a total value of $73,800.00.
• On Wednesday, May 28th, Fund 1 Investments, Llc purchased 30,000 shares of 1-800-FLOWERS.COM stock. The stock was acquired at an average price 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 acquired 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 bought 60,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 bought at an average cost of $4.57 per share, for a total transaction of $479,850.00.

1-800-FLOWERS.COM Stock Performance

NASDAQ:FLWS remained flat at $5.12 during mid-day trading on Tuesday. The company's stock had a trading volume of 547,279 shares, compared to its average volume of 498,725. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $325.45 million, a PE ratio of -46.55 and a beta of 1.49. The firm's 50-day simple moving average is $5.15 and its two-hundred day simple moving average is $6.58. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $3.86 and a fifty-two week high of $11.10.

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) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.37). The company had revenue of $331.45 million for the quarter, compared to analysts' expectations of $367.85 million. 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. The firm's revenue for the quarter was down 23.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.28) earnings per share. Analysts predict 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

Several large investors have recently modified their holdings of FLWS. Fund 1 Investments LLC increased its position in 1-800-FLOWERS.COM by 12.4% during the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer's stock valued at $34,105,000 after acquiring an additional 461,000 shares during the last quarter. Nomura Holdings Inc. increased its position in shares of 1-800-FLOWERS.COM by 63.6% during the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer's stock valued at $24,033,000 after purchasing an additional 1,143,027 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in shares of 1-800-FLOWERS.COM by 0.7% in the 1st quarter. Gamco Investors INC. ET AL now owns 1,292,700 shares of the specialty retailer's stock worth $7,627,000 after purchasing an additional 8,400 shares during the period. ING Groep NV bought a new position in shares of 1-800-FLOWERS.COM in the 1st quarter worth approximately $4,425,000. Finally, Bridgeway Capital Management LLC boosted its stake in shares of 1-800-FLOWERS.COM by 2.5% during the 1st quarter. Bridgeway Capital Management LLC now owns 614,665 shares of the specialty retailer's stock worth $3,627,000 after acquiring an additional 15,277 shares during the last quarter. Institutional investors own 38.43% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on FLWS. DA Davidson reaffirmed a "neutral" rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th. Wall Street Zen downgraded shares of 1-800-FLOWERS.COM from a "hold" rating to a "sell" rating in a research note on Monday, May 12th. Weiss Ratings reissued a "sell (d-)" rating on shares of 1-800-FLOWERS.COM in a research report on Wednesday, June 11th. Finally, Noble Financial cut 1-800-FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.