The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. 1-800 Flowers.com Inc shares valued at $748,664 were purchased by Fund 1 Investments, LLC on Jan 22 ’25. At $8.38 per share, Fund 1 Investments, LLC acquired 89,301 shares. The insider’s holdings grew to 4,668,665 shares worth approximately $39.22 million following the completion of this transaction.
Also, Fund 1 Investments, LLC purchased 37,000 shares, netting a total of over 301,580 in proceeds. Following the buying of shares at $8.15 each, the insider now holds 4,579,364 shares.
Before that, Fund 1 Investments, LLC had added 160,000 shares to its account. In a trade valued at $1,175,952, the 10% Owner bought 1-800 Flowers.com Inc shares for $7.35 each. Upon closing the transaction, the insider’s holdings increased to 160,000 shares, worth approximately $37.34 million.
As published in a research note from DA Davidson on August 30, 2024, 1-800 Flowers.com Inc [FLWS] has been rated up from an Underperform to a Neutral and the price target has been revised to $7 from $8. Analysts at DA Davidson downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in mid July. As of March 30, 2023, Craig Hallum has increased its “Hold” rating to a “Buy” for FLWS. Earlier on April 28, 2022, Craig Hallum downgraded its rating. Their new recommendation was “a Hold” for FLWS stock which previously was a “a Buy”.
Analyzing FLWS Stock Performance
During the last five days, there has been a surge of approximately 13.51%. Over the course of the year, 1-800 Flowers.com Inc shares have jumped approximately 2.82%. Shares of the company reached a 52-week high of $8.50 on 01/22/25 and a 52-week low of $7.01 on 01/13/25. A 50-day SMA is recorded $7.92, while a 200-day SMA reached $8.67. Nevertheless, trading volume fell to 0.63 million shares from 0.38 million shares the previous day.
Support And Resistance Levels for 1-800 Flowers.com Inc (FLWS)
According to the 24-hour chart, there is a support level at 8.24, which, if violated, would cause prices to drop to 8.08. In the upper region, resistance lies at 8.53. The next price resistance is at 8.66. RSI (Relative Strength Index) is 60.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.48, which suggests the price will decrease in the coming days. Percent R is at 6.71%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
