Zumiez Inc. (NASDAQ:ZUMZ – Get Free Report) Director Liliana Gil Valletta sold 540 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $18.64, for a total value of $10,065.60. Following the sale, the director owned 5,264 shares in the company, valued at $98,120.96. The trade was a 9.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Liliana Gil Valletta also recently made the following trade(s):
- On Friday, June 12th, Liliana Gil Valletta sold 1,319 shares of Zumiez stock. The stock was sold at an average price of $18.81, for a total value of $24,810.39.
- On Thursday, June 11th, Liliana Gil Valletta sold 3,841 shares of Zumiez stock. The stock was sold at an average price of $18.82, for a total value of $72,287.62.
- On Tuesday, June 9th, Liliana Gil Valletta sold 300 shares of Zumiez stock. The stock was sold at an average price of $19.41, for a total value of $5,823.00.
Zumiez Stock Down 0.2%
Shares of ZUMZ opened at $18.36 on Tuesday. Zumiez Inc. has a 12-month low of $11.97 and a 12-month high of $31.70. The firm has a market capitalization of $309.73 million, a PE ratio of 22.12 and a beta of 0.97. The stock’s fifty day simple moving average is $23.21 and its 200-day simple moving average is $24.60.
Zumiez declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, March 11th that permits the company to buyback $40.00 million in outstanding shares. This buyback authorization permits the apparel and footwear maker to reacquire up to 10.2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on ZUMZ shares. Zacks Research lowered Zumiez from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. Wall Street Zen lowered Zumiez from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Finally, Weiss Ratings lowered Zumiez from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, June 5th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $18.00.
View Our Latest Report on Zumiez
Institutional Investors Weigh In On Zumiez
A number of institutional investors and hedge funds have recently added to or reduced their stakes in ZUMZ. Caxton Associates LLP bought a new stake in Zumiez in the first quarter valued at about $176,000. Geode Capital Management LLC increased its holdings in Zumiez by 1.8% in the second quarter. Geode Capital Management LLC now owns 382,561 shares of the apparel and footwear maker’s stock valued at $5,074,000 after purchasing an additional 6,682 shares during the last quarter. American Century Companies Inc. increased its holdings in Zumiez by 2.0% in the second quarter. American Century Companies Inc. now owns 40,044 shares of the apparel and footwear maker’s stock valued at $531,000 after purchasing an additional 797 shares during the last quarter. Hsbc Holdings PLC increased its holdings in Zumiez by 123.4% in the second quarter. Hsbc Holdings PLC now owns 42,418 shares of the apparel and footwear maker’s stock valued at $547,000 after purchasing an additional 23,434 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in Zumiez in the second quarter valued at about $71,000. Institutional investors own 95.45% of the company’s stock.
About Zumiez
Zumiez, Inc (NASDAQ: ZUMZ) is a specialty retailer offering apparel, footwear, accessories and hardgoods targeted at the action-sports lifestyle market. With a focus on skateboarding, snowboarding, BMX and streetwear, the company stocks a mix of leading third-party brands—such as Vans, Nike SB, DC Shoes and The North Face—alongside proprietary private-label merchandise. In addition to traditional fashion items, Zumiez stores carry hardware and equipment tailored to board sports, supporting both amateur and enthusiast consumers.
Originally founded in 1978 in Seattle, Washington, by Tom Campion, Gary Haakenson and Steve Brosvik, Zumiez opened its first branded retail location in 1988.
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