Form 4: Fund 1 Investments, LLC Sells 40,000 Shares of 1-800-FLOWERS.COM INC

Fund 1 Investments, LLC, along with related entities, disposed of 40,000 shares of 1-800-FLOWERS.COM INC on November 4, 2024, at a price of $7.8029 per share.

Summary

• On November 4, 2024, Fund 1 Investments, LLC sold 40,000 shares of 1-800-FLOWERS.COM INC (FLWS) at $7.8029 per share.
• The transaction was reported on a Form 4 filing with the SEC.
• Following the transaction, the reporting persons (Fund 1 Investments, LLC, Pleasant Lake Onshore Feeder Fund, LP, and Pleasant Lake Partners LLC) beneficially own 3,674,364 shares indirectly.
• The shares are held for the benefit of Pleasant Lake Onshore Feeder Fund, LP, for which Pleasant Lake Partners LLC serves as investment advisor, and Fund 1 Investments, LLC serves as managing member of PLP.
• The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but the sale of shares could be interpreted as slightly negative.

Negatives

• Fund 1 Investments, LLC decreased its holdings in 1-800-FLOWERS.COM INC by selling 40,000 shares.

Industry Context

This transaction represents a change in holdings by a significant shareholder, which is a common occurrence in the market. It could be related to portfolio rebalancing or other investment strategies.

Stakeholder Impact

• The sale of shares could have a minor impact on the stock price of 1-800-FLOWERS.COM INC.

Key Dates