Insider Buying: 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Purchases 30,000 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc acquired 30,000 shares of the company's stock in a transaction on Wednesday, May 28th. The stock was acquired at an average price of $4.80 per share, for a total transaction of $144,000.00. Following the purchase, the insider now directly owns 9,323,777 shares of the company's stock, valued at approximately $44,754,129.60. This trade represents a 0.32% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own more than 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 Thursday, May 29th, Fund 1 Investments, Llc bought 15,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $4.92 per share, for a total transaction of $73,800.00.
• On Friday, May 23rd, Fund 1 Investments, Llc bought 10,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price 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 purchased 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 bought 105,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $4.57 per share, for a total transaction of $479,850.00.
• On Monday, April 28th, Fund 1 Investments, Llc bought 35,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $5.42 per share, for a total transaction 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 purchased at an average price of $5.46 per share, for a total transaction of $546,000.00.
• On Wednesday, April 23rd, Fund 1 Investments, Llc bought 30,000 shares of 1-800-FLOWERS.COM stock. The shares were 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 bought 5,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $5.17 per share, for a total transaction of $25,850.00.
• On Wednesday, April 16th, Fund 1 Investments, Llc bought 20,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average price of $5.22 per share, for a total transaction of $104,400.00.
• On Monday, April 14th, Fund 1 Investments, Llc purchased 40,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $5.27 per share, for a total transaction of $210,800.00.

1-800-FLOWERS.COM Price Performance

NASDAQ:FLWS traded down $0.05 during trading hours on Friday, reaching $4.89. 1,322,816 shares of the company were exchanged, compared to its average volume of 486,229. The company has a market capitalization of $310.83 million, a P/E ratio of -44.45 and a beta of 1.58. 1-800-FLOWERS.COM, Inc. has a 1-year low of $3.86 and a 1-year high of $11.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The business has a 50 day moving average of $5.29 and a 200 day moving average of $6.81.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its earnings results on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.37). The business had revenue of $331.45 million during the quarter, compared to analyst estimates 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 for the quarter was down 23.1% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.28) EPS. Research analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FLWS. Weiss Ratings reissued a "sell (d-)" rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, May 24th. DA Davidson reissued a "neutral" rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th. Wall Street Zen downgraded 1-800-FLOWERS.COM from a "hold" rating to a "sell" rating in a research report on Monday, May 12th. Finally, Noble Financial downgraded 1-800-FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

A number of large investors have recently modified their holdings of the business. Fund 1 Investments LLC boosted its holdings in shares of 1-800-FLOWERS.COM by 12.4% in the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer's stock valued at $34,105,000 after purchasing an additional 461,000 shares in the last quarter. Nomura Holdings Inc. boosted its holdings in shares of 1-800-FLOWERS.COM by 63.6% in 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 in the last quarter. Gamco Investors INC. ET AL boosted its holdings 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 valued at $7,627,000 after purchasing an additional 8,400 shares in the last quarter. ING Groep NV acquired a new stake in shares of 1-800-FLOWERS.COM in the 1st quarter valued at $4,425,000. Finally, Bridgeway Capital Management LLC boosted its holdings in shares of 1-800-FLOWERS.COM by 2.5% in the 1st quarter. Bridgeway Capital Management LLC now owns 614,665 shares of the specialty retailer's stock valued at $3,627,000 after purchasing an additional 15,277 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.

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.