1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Major Shareholder Buys $171,300.00 in Stock
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, LLC purchased 30,000 shares at $5.71 each, totaling $171,300 on April 9th. This acquisition increased their ownership by 0.37%, bringing their total shares to 8,232,969, valued at approximately $47 million. The transaction was disclosed to the SEC, as required for major shareholders. Fund 1 Investments has made several other recent purchases, indicating a strong interest in the company despite its recent stock performance, with shares currently trading at $5.68.
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc acquired 30,000 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Wednesday, April 9th. The shares were purchased at an average cost of $5.71 per share, with a total value of $171,300.00. Following the completion of the acquisition, the insider now owns 8,232,969 shares of the company's stock, valued at $47,010,252.99. The trade was a 0.37 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
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Fund 1 Investments, Llc also recently made the following trade(s):
- On Monday, April 7th, Fund 1 Investments, Llc acquired 2,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $5.79 per share, with a total value of $14,475.00.
- On Monday, March 31st, Fund 1 Investments, Llc acquired 12,500 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $5.94 per share, with a total value of $74,250.00.
- On Friday, March 28th, Fund 1 Investments, Llc acquired 2,000 shares of 1-800-FLOWERS.COM stock. The shares were purchased at an average cost of $5.80 per share, with a total value of $11,600.00.
- On Wednesday, March 26th, Fund 1 Investments, Llc purchased 5,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $6.01 per share, with a total value of $30,050.00.
- On Monday, March 24th, Fund 1 Investments, Llc purchased 30,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $5.92 per share, with a total value of $177,600.00.
- On Thursday, March 20th, Fund 1 Investments, Llc purchased 156,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $5.62 per share, with a total value of $879,530.00.
- On Tuesday, March 18th, Fund 1 Investments, Llc purchased 25,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $5.52 per share, with a total value of $138,000.00.
- On Wednesday, March 5th, Fund 1 Investments, Llc purchased 15,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $6.43 per share, with a total value of $99,665.00.
- On Monday, March 3rd, Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $6.62 per share, with a total value of $403,820.00.
- On Friday, February 28th, Fund 1 Investments, Llc purchased 56,500 shares of 1-800-FLOWERS.COM stock. The shares were bought at an average cost of $6.91 per share, with a total value of $390,415.00.
1-800-FLOWERS.COM Price Performance
Shares of NASDAQ:FLWS opened at $5.68 on Thursday. The business has a fifty day simple moving average of $6.77 and a 200-day simple moving average of $7.58. 1-800-FLOWERS.COM, Inc. has a 52 week low of $4.96 and a 52 week 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 company has a market cap of $361.25 million, a P/E ratio of -51.64 and a beta of 1.80.
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1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. Equities research analysts forecast that 1-800-FLOWERS.COM, Inc. will post -0.07 EPS for the current year.
Institutional Investors Weigh In On 1-800-FLOWERS.COM
Several institutional investors and hedge funds have recently added to or reduced their stakes in FLWS. Jones Financial Companies Lllp increased its stake in 1-800-FLOWERS.COM by 120.1% during 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 last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth about $37,000. Quantbot Technologies LP purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth about $84,000. XTX Topco Ltd purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth about $92,000. Finally, Inceptionr LLC purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth about $101,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of 1-800-FLOWERS.COM in a research report on Tuesday. DA Davidson reaffirmed a "neutral" rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th.
View Our Latest Research Report on FLWS
1-800-FLOWERS.COM Company Profile
(Get Free Report)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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