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 Zumiez stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $21.85, for a total value of $71,733.55. Following the sale, the director now directly owns 15,002 shares in the company, valued at $327,793.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Zumiez Trading Down 3.2 %

Zumiez stock traded down $0.70 during midday trading on Monday, hitting $21.30. The stock had a trading volume of 266,494 shares, compared to its average volume of 262,576. The stock has a market cap of $407.68 million, a P/E ratio of -7.13 and a beta of 1.25. Zumiez Inc. has a 12 month low of $12.90 and a 12 month high of $31.37. The business has a fifty day moving average price of $24.93 and a 200 day moving average price of $20.14.

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, beating the consensus estimate of ($0.33) by $0.29. The firm 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%. Zumiez’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.44) earnings per share. On average, equities analysts anticipate that Zumiez Inc. will post 0.08 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports 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 report on Friday, June 7th. B. Riley lifted their target price on Zumiez from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th.

Hedge Funds Weigh In On Zumiez

Several institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its position in shares of Zumiez by 3.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,605,551 shares of the apparel and footwear maker’s stock worth $32,657,000 after buying an additional 49,581 shares during the period. GSA Capital Partners LLP lifted its position in Zumiez by 183.8% in the fourth quarter. GSA Capital Partners LLP now owns 116,914 shares of the apparel and footwear maker’s stock worth $2,378,000 after purchasing an additional 75,717 shares during the period. Quantbot Technologies LP acquired a new stake in Zumiez in the first quarter worth approximately $196,000. Empowered Funds LLC lifted its position in Zumiez by 8.0% in the first quarter. Empowered Funds LLC now owns 73,281 shares of the apparel and footwear maker’s stock worth $1,113,000 after purchasing an additional 5,425 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in Zumiez by 9.8% in the first quarter. Russell Investments Group Ltd. now owns 26,815 shares of the apparel and footwear maker’s stock worth $407,000 after purchasing an additional 2,390 shares during the period. 95.45% of the stock is owned by institutional investors.

About Zumiez

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.