Fund 1 Investments, Llc Sells 543,195 Shares of 1-800 FLOWERS.COM (NASDAQ:FLWS) Stock

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc sold 543,195 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $4.60, for a total transaction of $2,498,697.00. Following the completion of the sale, the insider owned 4,816,242 shares in the company, valued at approximately $22,154,713.20. The trade was a 10.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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 Wednesday, April 22nd, Fund 1 Investments, Llc sold 489,238 shares of 1-800 FLOWERS.COM stock. The shares were sold at an average price of $4.17, for a total transaction of $2,040,122.46.
• On Tuesday, April 21st, Fund 1 Investments, Llc sold 720,000 shares of 1-800 FLOWERS.COM stock. The shares were sold at an average price of $4.19, for a total transaction of $3,016,800.00.

1-800 FLOWERS.COM Trading Down 4.1%

FLWS opened at $3.78 on Friday. The company’s 50 day moving average is $3.37 and its 200-day moving average is $3.79. 1-800 FLOWERS.COM, Inc. has a 1-year low of $2.88 and a 1-year high of $8.44. The company has a current ratio of 1.25, a quick ratio of 0.81 and a debt-to-equity ratio of 0.43. The company has a market cap of $242.18 million, a P/E ratio of -1.13 and a beta of 1.24.

1-800 FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 29th. The specialty retailer reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.34. 1-800 FLOWERS.COM had a negative net margin of 13.41% and a negative return on equity of 23.80%. The company had revenue of $702.18 million for the quarter, compared to the consensus estimate of $700.58 million. Equities research analysts predict that 1-800 FLOWERS.COM, Inc. will post -1.13 earnings per share for the current fiscal year.

Institutional Investors Weigh In On 1-800 FLOWERS.COM

Several hedge funds have recently added to or reduced their stakes in the business. Jump Financial LLC boosted its position in 1-800 FLOWERS.COM by 10.6% during the 4th quarter. Jump Financial LLC now owns 34,849 shares of the specialty retailer’s stock worth $137,000 after buying an additional 3,347 shares during the period. Intech Investment Management LLC boosted its position in 1-800 FLOWERS.COM by 32.4% during the 4th quarter. Intech Investment Management LLC now owns 19,022 shares of the specialty retailer’s stock worth $75,000 after buying an additional 4,651 shares during the period. Quarry LP boosted its position in 1-800 FLOWERS.COM by 538,100.0% during the 3rd quarter. Quarry LP now owns 5,382 shares of the specialty retailer’s stock worth $25,000 after buying an additional 5,381 shares during the period. Barclays PLC boosted its position in 1-800 FLOWERS.COM by 17.8% during the 4th quarter. Barclays PLC now owns 36,342 shares of the specialty retailer’s stock worth $143,000 after buying an additional 5,500 shares during the period. Finally, State of Wyoming boosted its position in 1-800 FLOWERS.COM by 197.8% during the 2nd quarter. State of Wyoming now owns 9,833 shares of the specialty retailer’s stock worth $48,000 after buying an additional 6,531 shares during the period. 38.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in 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 target on the stock in a research note on Monday, March 23rd. Wall Street Zen upgraded shares of 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Zacks Research upgraded 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. 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 stock has an average rating of “Hold” and an average target price of $3.75.

1-800 FLOWERS.COM Company Profile

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.