Fund 1 Investments, Llc Sells 720,000 Shares of 1-800 FLOWERS.COM (NASDAQ:FLWS) Stock

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc sold 720,000 shares of 1-800 FLOWERS.COM stock in a transaction that occurred on Tuesday, April 21st. The shares were sold at an average price of $4.19, for a total transaction of $3,016,800.00. Following the transaction, the insider directly owned 4,096,242 shares of the company’s stock, valued at approximately $17,163,253.98. This trade represents a 14.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own 10% or more of a company’s stock 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 Monday, April 20th, Fund 1 Investments, Llc sold 543,195 shares of 1-800 FLOWERS.COM stock. The stock was sold at an average price of $4.60, for a total transaction of $2,498,697.00.

1-800 FLOWERS.COM Stock Down 4.1%

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

1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $1.20 earnings per share for the quarter, topping 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 business had revenue of $702.18 million during the quarter, compared to the consensus estimate of $700.58 million. On average, research analysts forecast that 1-800 FLOWERS.COM, Inc. will post -1.13 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wall Street Zen upgraded 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Zacks Research raised 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, Noble Financial upgraded 1-800 FLOWERS.COM from a “market perform” rating to an “outperform” rating and set a $3.75 target price on the stock in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $3.75.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Empowered Funds LLC lifted its stake in 1-800 FLOWERS.COM by 4.3% in the 1st quarter. Empowered Funds LLC now owns 373,265 shares of the specialty retailer’s stock valued at $2,202,000 after buying an additional 15,277 shares in the last quarter. Strs Ohio purchased a new stake in 1-800 FLOWERS.COM during the 1st quarter worth approximately $157,000. Rhumbline Advisers increased its stake in 1-800 FLOWERS.COM by 34.0% during the 2nd quarter. Rhumbline Advisers now owns 53,581 shares of the specialty retailer’s stock worth $264,000 after buying an additional 13,599 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of 1-800 FLOWERS.COM by 62.0% during the second quarter. Russell Investments Group Ltd. now owns 23,232 shares of the specialty retailer’s stock valued at $114,000 after acquiring an additional 8,889 shares during the last quarter. Finally, Occudo Quantitative Strategies LP purchased a new position in shares of 1-800 FLOWERS.COM in the second quarter valued at approximately $339,000. Institutional investors and hedge funds 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.