1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) major shareholder Fund 1 Investments, Llc purchased 15,500 shares of the stock in a transaction on Wednesday, March 5th. The shares were acquired at an average cost of $6.43 per share, for a total transaction of $99,665.00. Following the transaction, the insider now owns 7,658,469 shares of the company's stock, valued at approximately $49,243,955.67. The trade was a 0.20 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.
Fund 1 Investments, Llc also recently made the following trade(s):
Shares of FLWS traded up $0.10 during trading hours on Friday, hitting $6.55. 342,015 shares of the company were exchanged, compared to its average volume of 713,175. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM, Inc. has a fifty-two week low of $6.13 and a fifty-two week high of $11.42. The company has a market cap of $416.59 million, a price-to-earnings ratio of -59.55 and a beta of 1.58. The firm's fifty day moving average is $7.92 and its 200 day moving average is $8.00.
1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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%. On average, equities analysts anticipate that 1-800-FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.
A number of equities analysts recently commented on the stock. StockNews.com lowered shares of 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a research report on Saturday, November 9th. DA Davidson reaffirmed a "neutral" rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a research note on Wednesday, February 19th.
Read Our Latest Analysis on FLWS
Several large investors have recently made changes to their positions in FLWS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in 1-800-FLOWERS.COM by 13.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 91,101 shares of the specialty retailer's stock worth $744,000 after purchasing an additional 10,584 shares during the last quarter. Wolverine Trading LLC acquired a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth $110,000. Two Sigma Advisers LP lifted its position in shares of 1-800-FLOWERS.COM by 13.0% during the 4th quarter. Two Sigma Advisers LP now owns 13,900 shares of the specialty retailer's stock worth $114,000 after buying an additional 1,600 shares during the last quarter. Nomura Holdings Inc. lifted its position in shares of 1-800-FLOWERS.COM by 63.6% during the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer's stock worth $24,033,000 after buying an additional 1,143,027 shares during the last quarter. Finally, Fund 1 Investments LLC grew its position in 1-800-FLOWERS.COM by 12.4% in the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer's stock valued at $34,105,000 after acquiring an additional 461,000 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.
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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