Form 4: Fund 1 Investments, LLC Increases Stake in 1-800 FLOWERS.COM Inc (FLWS)
SEC Form 4
Fund 1 Investments, LLC, along with related entities, has increased its indirect holdings in 1-800 FLOWERS.COM Inc (FLWS) through a series of open market purchases.
Summary
- Fund 1 Investments, LLC, PLP Funds Master Fund LP, and Pleasant Lake Partners LLC (collectively, the 'Reporting Persons') have reported changes in their beneficial ownership of 1-800 FLOWERS.COM Inc (FLWS) Class A Common Stock.
- On May 15, 2025, the Reporting Persons purchased 80,000 shares at $4.5546 per share and 25,000 shares at $4.613 per share.
- On May 16, 2025, they purchased 10,000 shares at $4.6763 per share and 50,000 shares at $4.6528 per share.
- Following these transactions, the Reporting Persons indirectly beneficially own 9,283,777 shares of Class A Common Stock.
- These securities are held for the benefit of PLP Funds Master Fund LP, for which Pleasant Lake Partners LLC serves as investment adviser, and Fund 1 Investments, LLC serves as managing member of PLP.
- Jonathan Lennon serves as managing member of Fund 1 and disclaims beneficial ownership of the shares except to the extent of his pecuniary interest.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The increased investment suggests confidence, but it's a routine filing.
Positives
- Increased investment by Fund 1 Investments, LLC could signal confidence in the future prospects of 1-800 FLOWERS.COM Inc (FLWS).
Industry Context
This filing reflects investment activity in the consumer discretionary sector, specifically within the online retail and gifting industry. Monitoring such filings provides insights into investor sentiment and potential strategic moves within the sector.
Stakeholder Impact
- The increased stake could positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Purchase of 80,000 shares at $4.5546 and 25,000 shares at $4.613. |
| 05/16/2025 | Purchase of 10,000 shares at $4.6763 and 50,000 shares at $4.6528. |
| 05/19/2025 | Date of Form 4 filing. |
Keywords
FLWS, 1-800 FLOWERS.COM Inc, Fund 1 Investments LLC, PLP Funds Master Fund LP, Pleasant Lake Partners LLC, Beneficial Ownership, Class A Common Stock, Investment
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