Insider Buying: 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Acquires 27,657 Shares of Stock

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc bought 27,657 shares of the business's stock in a transaction on Monday, June 23rd. The stock was acquired at an average cost of $5.02 per share, for a total transaction of $138,838.14. Following the acquisition, the insider now directly owns 9,507,330 shares of the company's stock, valued at $47,726,796.60. The trade was a 0.29% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more 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 Tuesday, June 24th, Fund 1 Investments, Llc purchased 19,920 shares of 1-800 FLOWERS.COM stock. The shares were bought at an average price of $5.06 per share, for a total transaction of $100,795.20.
• On Friday, June 13th, Fund 1 Investments, Llc purchased 40,000 shares of 1-800 FLOWERS.COM stock. The stock was bought at an average cost of $4.97 per share, for a total transaction of $198,800.00.
• On Friday, June 6th, Fund 1 Investments, Llc acquired 21,320 shares of 1-800 FLOWERS.COM stock. The shares were bought at an average price of $5.03 per share, with a total value of $107,239.60.
• On Monday, June 2nd, Fund 1 Investments, Llc bought 30,000 shares of 1-800 FLOWERS.COM stock. The stock was bought at an average cost of $4.81 per share, for a total transaction of $144,300.00.
• On Monday, June 2nd, Fund 1 Investments, Llc purchased 30,000 shares of 1-800 FLOWERS.COM stock. The shares were purchased at an average cost of $4.81 per share, with a total value of $144,300.00.
• On Friday, May 30th, Fund 1 Investments, Llc acquired 49,576 shares of 1-800 FLOWERS.COM stock. The stock was purchased at an average cost of $4.93 per share, for a total transaction of $244,409.68.
• On Friday, May 30th, Fund 1 Investments, Llc bought 49,576 shares of 1-800 FLOWERS.COM stock. The shares were purchased at an average cost of $4.93 per share, with a total value of $244,409.68.
• On Thursday, May 29th, Fund 1 Investments, Llc bought 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 purchased 30,000 shares of 1-800 FLOWERS.COM stock. The shares were acquired at an average cost of $4.80 per share, for a total transaction of $144,000.00.
• On Friday, May 23rd, Fund 1 Investments, Llc acquired 10,000 shares of 1-800 FLOWERS.COM stock. The stock was acquired at an average cost of $4.67 per share, with a total value of $46,700.00.

1-800 FLOWERS.COM Price Performance

Shares of NASDAQ FLWS traded down $0.14 during mid-day trading on Wednesday, reaching $4.92. 425,501 shares of the company traded hands, compared to its average volume of 506,094. 1-800 FLOWERS.COM, Inc. has a fifty-two week low of $3.86 and a fifty-two week high of $11.10. The firm has a market cap of $312.72 million, a PE ratio of -1.86 and a beta of 1.49. The stock has a fifty day simple moving average of $5.11 and a 200-day simple moving average of $6.47. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.55 and a quick ratio of 0.73.

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) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.37). 1-800 FLOWERS.COM had a negative net margin of 9.88% and a negative return on equity of 7.12%. The firm had revenue of $331.45 million for the quarter, compared to the consensus estimate of $367.85 million. During the same period in the previous year, the business posted ($0.28) earnings per share. The business's revenue for the quarter was down 23.1% compared to the same quarter last year. Equities research analysts anticipate that 1-800 FLOWERS.COM, Inc. will post -0.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FLWS has been the topic of several recent analyst reports. DA Davidson reaffirmed a "neutral" rating and set a $7.50 target price on shares of 1-800 FLOWERS.COM in a research note on Friday, March 14th. Wall Street Zen lowered 1-800 FLOWERS.COM from a "hold" rating to a "sell" rating in a report on Monday, May 12th. Noble Financial cut shares of 1-800 FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 9th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of 1-800 FLOWERS.COM in a research report on Wednesday, June 11th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Jones Financial Companies Lllp raised its position 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 acquiring an additional 1,999 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of 1-800 FLOWERS.COM in the 4th quarter worth approximately $155,000. Inceptionr LLC bought a new stake in shares of 1-800 FLOWERS.COM in the 4th quarter worth approximately $101,000. Aviance Capital Partners LLC lifted its stake in 1-800 FLOWERS.COM by 20.9% during the fourth quarter. Aviance Capital Partners LLC now owns 191,135 shares of the specialty retailer's stock valued at $1,562,000 after purchasing an additional 33,083 shares during the last quarter. Finally, First Eagle Investment Management LLC boosted its holdings in 1-800 FLOWERS.COM by 117.4% during the fourth quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer's stock worth $2,853,000 after buying an additional 188,582 shares in the last quarter. Institutional investors own 38.43% of the company's stock.

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.

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