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, increased its holdings in 1-800 FLOWERS.COM Inc (FLWS) through open market purchases.
Summary
- Fund 1 Investments, LLC, PLP Funds Master Fund LP, and Pleasant Lake Partners LLC (collectively, the Reporting Persons) have filed a Form 4 detailing changes in their beneficial ownership of 1-800 FLOWERS.COM Inc (FLWS) stock.
- On March 13, 2025, they purchased 10,000 shares of Class A Common Stock at a price of $6.03 per share.
- On March 14, 2025, they purchased an additional 35,000 shares of Class A Common Stock at a price of $5.8868 per share.
- Following these transactions, the Reporting Persons beneficially own 7,834,469 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.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating increased investment, which could be perceived as slightly positive, but without further context, it's difficult to gauge the overall impact.
Positives
- Increased investment by Fund 1 Investments, LLC could be seen as a positive signal for 1-800 FLOWERS.COM Inc (FLWS).
Industry Context
This filing indicates investment activity by a significant shareholder in 1-800 FLOWERS.COM Inc, which is relevant to the floral and gifting industry.
Stakeholder Impact
- The increased investment could positively impact shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Purchase of 10,000 shares of Class A Common Stock at $6.03 per share. |
| 03/14/2025 | Purchase of 35,000 shares of Class A Common Stock at $5.8868 per share. |
| 03/17/2025 | Date of Form 4 filing. |
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.