Form 4: Fund 1 Investments, LLC Increases Stake in 1-800 FLOWERS.COM Inc (FLWS)
SEC Form 4 Filing
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.
- The Reporting Persons indirectly acquired shares through a series of purchases between February 5, 2025, and February 7, 2025.
- On February 5, 2025, 35,000 shares were purchased at a price of $7.9565 per share.
- On February 6, 2025, two transactions occurred: 62,500 shares were purchased at $8.0769 per share, and 2,000 shares were purchased at $8.2561 per share.
- On February 7, 2025, two transactions occurred: 165,500 shares were purchased at $8.0317 per share, and 100,000 shares were purchased at $8.0478 per share.
- Following these transactions, the Reporting Persons indirectly beneficially own 6,244,469 shares of Class A Common Stock.
- The shares 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.
Sentiment
Score: 6
Explanation: The document reflects increased investment, which is generally positive, but it's a routine filing and doesn't contain groundbreaking news.
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 indicates investment activity by a significant shareholder, which is a common occurrence in the market. Monitoring such filings can provide insights into investor sentiment regarding the company's prospects.
Stakeholder Impact
- The increased stake by Fund 1 Investments, LLC could positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Purchase of 35,000 shares at $7.9565 per share. |
| 02/06/2025 | Purchase of 62,500 shares at $8.0769 per share and 2,000 shares at $8.2561 per share. |
| 02/07/2025 | Purchase of 165,500 shares at $8.0317 per share and 100,000 shares at $8.0478 per share. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.