1-800 FLOWERS.COM (NASDAQ:FLWS) Major Shareholder Fund 1 Investments, Llc Sells 489,238 Shares

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) major shareholder Fund 1 Investments, Llc sold 489,238 shares of the firm’s stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $4.17, for a total value of $2,040,122.46. Following the completion of the sale, the insider directly owned 3,607,004 shares of the company’s stock, valued at approximately $15,041,206.68. This trade represents a 11.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions 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 shares were 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

FLWS opened at $3.94 on Thursday. The stock has a market cap of $252.44 million, a price-to-earnings ratio of -1.18 and a beta of 1.24. 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 stock has a fifty day moving average price of $3.37 and a 200 day moving average price of $3.79.

1-800 FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.34. The firm had revenue of $702.18 million during the quarter, compared to analysts’ expectations 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%. Analysts forecast that 1-800 FLOWERS.COM, Inc. will post -1.13 EPS for the current fiscal year.

Hedge Funds Weigh In On 1-800 FLOWERS.COM

Several institutional investors have recently bought and sold shares of FLWS. Nantahala Capital Management LLC bought a new position in 1-800 FLOWERS.COM during the second quarter valued at about $9,840,000. Goldman Sachs Group Inc. raised its holdings in 1-800 FLOWERS.COM by 337.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,209,640 shares of the specialty retailer’s stock valued at $4,754,000 after buying an additional 933,063 shares in the last quarter. Newtyn Management LLC raised its holdings in 1-800 FLOWERS.COM by 56.3% during the third quarter. Newtyn Management LLC now owns 2,516,466 shares of the specialty retailer’s stock valued at $11,576,000 after buying an additional 906,911 shares in the last quarter. Cibc World Markets Corp bought a new position in 1-800 FLOWERS.COM during the fourth quarter valued at about $1,775,000. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in 1-800 FLOWERS.COM by 72.1% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,021,000 shares of the specialty retailer’s stock valued at $4,013,000 after buying an additional 427,900 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on FLWS shares. Wall Street Zen raised 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Noble Financial raised 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. Finally, Zacks Research raised 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 30th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently 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.