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Fund 1 Investments, Llc bought $2.13 million worth of 1-800-FLOWERS.COM shares, but the stock still fell.
On February 7, 2025, major shareholder Fund 1 Investments, Llc significantly increased its stake in 1-800-FLOWERS.COM, purchasing 265,500 shares for $8.04 each, totaling $2.13 million.
This purchase follows several prior acquisitions in January.
Despite this boost, the company's stock dropped by $0.05 on the same day, closing at $8.05 per share.
The company's recent earnings report missed analyst expectations.
Institutional investors have also increased their holdings in the company.
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Fondo 1 Inversiones, Llc compró acciones por valor de 2,13 millones de dólares de 1-800-FLOWERS.COM, pero las acciones todavía cayeron.