1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock Position Lifted by Fund 1 Investments LLC

Fund 1 Investments LLC grew its position in shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Free Report) by 12.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,174,364 shares of the specialty retailer's stock after purchasing an additional 461,000 shares during the quarter. 1-800-FLOWERS.COM makes up 2.9% of Fund 1 Investments LLC's holdings, making the stock its 10th biggest holding. Fund 1 Investments LLC owned approximately 6.56% of 1-800-FLOWERS.COM worth $34,105,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of 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 worth $112,000 after acquiring an additional 1,623 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of 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 acquiring an additional 1,999 shares during the period. Northern Trust Corp lifted its stake in shares of 1-800-FLOWERS.COM by 1.1% in the fourth quarter. Northern Trust Corp now owns 244,373 shares of the specialty retailer's stock worth $1,997,000 after acquiring an additional 2,663 shares during the period. Wells Fargo & Company MN lifted its stake in 1-800-FLOWERS.COM by 23.2% in the fourth quarter. Wells Fargo & Company MN now owns 14,721 shares of the specialty retailer's stock valued at $120,000 after buying an additional 2,775 shares during the period. Finally, Arkadios Wealth Advisors lifted its stake in 1-800-FLOWERS.COM by 12.9% in the fourth quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer's stock valued at $288,000 after buying an additional 4,015 shares during the period. 38.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc purchased 310,000 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The stock was acquired at an average price of $7.72 per share, for a total transaction of $2,393,200.00. Following the completion of the acquisition, the insider now owns 7,084,969 shares of the company's stock, valued at $54,695,960.68. This represents a 4.58% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders bought a total of 1,276,098 shares of company stock worth $8,561,472 over the last quarter. 51.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on FLWS shares. Weiss Ratings reissued a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a research note on Saturday. DA Davidson reissued a "neutral" rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th.

1-800-FLOWERS.COM Trading Down 16.6%

FLWS traded down $0.96 during trading on Friday, hitting $4.83. The company's stock had a trading volume of 2,827,255 shares, compared to its average volume of 448,128. 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 quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. The stock's fifty day moving average price is $5.68 and its 200-day moving average price is $7.18. The firm has a market capitalization of $307.19 million, a P/E ratio of -43.91 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 the consensus estimate of ($0.34) by ($0.37). The firm had revenue of $331.45 million for the quarter, compared to the consensus estimate 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 company's revenue was down 23.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.28) EPS. Analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

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.