Zumiez Inc. (NASDAQ:ZUMZ) Director Liliana Gil Valletta Sells 3,283 Shares

Zumiez Inc. (NASDAQ:ZUMZ) Director Liliana Gil Valletta sold 3,283 shares of the business’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $21.85, for a total value of $71,733.55. Following the completion of the transaction, the director now directly owns 15,002 shares in the company, valued at approximately $327,793.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Zumiez Price Performance

NASDAQ:ZUMZ opened at $20.48 on Thursday. The company has a market capitalization of $415.21 million, a P/E ratio of -6.50 and a beta of 1.24. The business has a fifty day simple moving average of $24.79 and a two-hundred day simple moving average of $20.24. Zumiez Inc. has a 1 year low of $12.90 and a 1 year high of $31.37.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings data on Thursday, September 5th. The apparel and footwear maker reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.33) by $0.29. The company had revenue of $210.18 million during the quarter, compared to analyst estimates of $201.93 million. Zumiez had a negative return on equity of 3.52% and a negative net margin of 6.02%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the firm posted ($0.44) EPS. As a group, analysts anticipate that Zumiez Inc. will post 0.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Jefferies Financial Group lifted their target price on Zumiez from $14.00 to $19.00 and gave the stock a “hold” rating in a research note on Friday, June 7th. B. Riley lifted their price objective on shares of Zumiez from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th.

Institutional Trading of Zumiez

A number of institutional investors have recently modified their holdings of the business. Signaturefd LLC grew its stake in Zumiez by 83.2% in the 2nd quarter. Signaturefd LLC now owns 1,480 shares of the apparel and footwear maker’s stock valued at $29,000 after buying an additional 672 shares in the last quarter. CWM LLC lifted its position in shares of Zumiez by 2,090.1% during the second quarter. CWM LLC now owns 1,993 shares of the apparel and footwear maker’s stock worth $39,000 after acquiring an additional 1,902 shares in the last quarter. ProShare Advisors LLC bought a new position in shares of Zumiez in the second quarter worth $42,000. Ariadne Wealth Management LP purchased a new position in shares of Zumiez in the second quarter valued at $54,000. Finally, Quantbot Technologies LP bought a new stake in shares of Zumiez during the 1st quarter valued at $196,000. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

Zumiez Company Profile

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.