Insider Selling: 1-800 FLOWERS.COM (NASDAQ:FLWS) Major Shareholder Sells $2,040,122.46 in Stock

Key Points

• Fund 1 Investments sold 489,238 shares of 1-800 FLOWERS.COM on April 22 at an average price of $4.17 for a total of $2,040,122.46, trimming its stake by 11.94% to 3,607,004 shares; the firm also sold 543,195 shares on April 20 and 720,000 shares on April 21.
• Shares traded down to $3.94 on heavy volume (3.58M vs. a 677k average), while the company has a market cap of about $252M, a negative P/E, an analyst consensus of Hold with a $3.75 average price target, and expected -1.13 EPS for the year.

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc sold 489,238 shares of the firm's stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $4.17, for a total value of $2,040,122.46. Following the transaction, the insider owned 3,607,004 shares of the company's stock, valued at approximately $15,041,206.68. The trade was a 11.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• On Tuesday, April 21st, Fund 1 Investments, Llc sold 720,000 shares of 1-800 FLOWERS.COM stock. The stock was sold at an average price of $4.19, for a total value of $3,016,800.00.
• On Monday, April 20th, Fund 1 Investments, Llc sold 543,195 shares of 1-800 FLOWERS.COM stock. The shares were sold at an average price of $4.60, for a total value of $2,498,697.00.

1-800 FLOWERS.COM Price Performance

NASDAQ FLWS traded down $0.06 during trading on Wednesday, hitting $3.94. 3,584,246 shares of the stock traded hands, compared to its average volume of 677,220. The company has a market capitalization of $252.42 million, a P/E ratio of -1.18 and a beta of 1.24. The firm has a 50-day simple moving average of $3.37 and a 200-day simple moving average of $3.79. The company has a quick ratio of 0.81, a current ratio of 1.25 and a debt-to-equity ratio of 0.43. 1-800 FLOWERS.COM, Inc. has a 12-month low of $2.88 and a 12-month high of $8.44.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.86 by $0.34. The business had revenue of $702.18 million for the quarter, compared to the consensus estimate of $700.58 million. 1-800 FLOWERS.COM had a negative return on equity of 23.80% and a negative net margin of 13.41%. As a group, analysts predict that 1-800 FLOWERS.COM, Inc. will post -1.13 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on FLWS shares. Noble Financial upgraded shares of 1-800 FLOWERS.COM from a "market perform" rating to an "outperform" rating and set a $3.75 price objective for the company in a research report on Monday, March 23rd. Zacks Research upgraded shares of 1-800 FLOWERS.COM from a "strong sell" rating to a "hold" rating in a report on Tuesday, December 30th. Finally, Wall Street Zen upgraded shares of 1-800 FLOWERS.COM from a "sell" rating to a "hold" rating in a research report on Saturday, February 28th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $3.75.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FLWS. Nantahala Capital Management LLC purchased a new stake in shares of 1-800 FLOWERS.COM in the second quarter valued at $9,840,000. Goldman Sachs Group Inc. boosted its stake in shares of 1-800 FLOWERS.COM by 337.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,209,640 shares of the specialty retailer's stock worth $4,754,000 after purchasing an additional 933,063 shares during the period. Newtyn Management LLC grew its holdings in 1-800 FLOWERS.COM by 56.3% during the 3rd quarter. Newtyn Management LLC now owns 2,516,466 shares of the specialty retailer's stock valued at $11,576,000 after purchasing an additional 906,911 shares during the last quarter. Cibc World Markets Corp purchased a new stake in 1-800 FLOWERS.COM in the 4th quarter worth about $1,775,000. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its position in 1-800 FLOWERS.COM by 72.1% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,021,000 shares of the specialty retailer's stock worth $4,013,000 after purchasing an additional 427,900 shares during the period. Institutional investors own 38.43% of the company's stock.

About 1-800 FLOWERS.COM

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.

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