Form 4: Fund 1 Investments, LLC Increases Stake in 1-800 FLOWERS.COM INC

Fund 1 Investments, LLC, along with related entities, has increased its holdings in 1-800 FLOWERS.COM INC through recent purchases of Class A Common Stock.

Summary

• Fund 1 Investments, LLC, along with PLP Funds Master Fund LP and Pleasant Lake Partners LLC, has reported changes in their beneficial ownership of 1-800 FLOWERS.COM INC stock.
• On January 17, 2025, they acquired 37,000 shares of Class A Common Stock at a price of $8.1508 per share.
• On January 22, 2025, they further acquired 89,301 shares of Class A Common Stock at a price of $8.3836 per share.
• Following these transactions, the total number of shares beneficially owned by these entities is 4,668,665.
• The shares are held indirectly for the benefit of PLP Funds Master Fund LP, with Pleasant Lake Partners LLC acting as the investment advisor and Fund 1 Investments, LLC as the managing member.

Sentiment

Score: 7

Explanation: The document indicates a positive sentiment due to the increased investment, suggesting confidence in the company's future. However, it is a standard filing and does not contain any extraordinary information.

Positives

• The increased investment by Fund 1 Investments, LLC and related entities indicates a positive outlook on 1-800 FLOWERS.COM INC.
• The purchases demonstrate confidence in the company's future performance.

Industry Context

This filing reflects the ongoing investment activity of institutional investors in publicly traded companies. The increase in share ownership suggests a positive view of the company's prospects within the e-commerce and gifting industry.

Comparison to Industry Standards

• It is common for investment firms to adjust their holdings in public companies based on their investment strategies and market conditions.
• The reported transactions are typical for institutional investors and are similar to those of other firms that actively manage their portfolios.
• The size of the investment is not unusual for a fund of this type.

Stakeholder Impact

• The increased investment may be viewed positively by shareholders, potentially increasing confidence in the company.
• The transactions do not have any immediate impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Beneficial Ownership, 1-800 FLOWERS.COM INC, Fund 1 Investments, PLP Funds Master Fund LP, Pleasant Lake Partners LLC, Class A Common Stock, SEC Form 4, Stock Purchase