Key Points
- Insider sales: Casey O'connor sold a total of 138,752 Stitch Fix shares across Jan 20–22 — including 83,641 shares on Jan 20 at an average $5.16 (≈$431,588) and an additional 41,259 and 13,852 shares at about $5.34 each.
- Recent results: Stitch Fix reported quarterly revenue of $342.13M (up 7.3% YoY) and EPS of ($0.05) in line with estimates, but remains unprofitable with a -2.23% net margin and negative ROE.
- Market context: SFIX trades around $5.22 (12‑month range $2.60–$5.94) with a ~$700.5M market cap, a consensus analyst rating of Hold and an average price target of $6.00; institutional investors own roughly 71% of the shares.
Stitch Fix, Inc. (NASDAQ:SFIX - Get Free Report) insider Casey O'connor sold 13,852 shares of the firm's stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $5.34, for a total value of $73,969.68. Following the completion of the sale, the insider directly owned 542,071 shares in the company, valued at approximately $2,894,659.14. This trade represents a 2.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Casey O'connor also recently made the following trade(s):
- On Thursday, January 22nd, Casey O'connor sold 41,259 shares of Stitch Fix stock. The stock was sold at an average price of $5.34, for a total value of $220,323.06.
- On Tuesday, January 20th, Casey O'connor sold 83,641 shares of Stitch Fix stock. The stock was sold at an average price of $5.16, for a total value of $431,587.56.
Stitch Fix Trading Down 0.2%
Stitch Fix stock opened at $5.22 on Friday. Stitch Fix, Inc. has a 52 week low of $2.60 and a 52 week high of $5.94. The stock has a market cap of $700.52 million, a price-to-earnings ratio of -32.63 and a beta of 2.10. The company's 50-day moving average price is $4.94 and its two-hundred day moving average price is $4.82.
Stitch Fix (NASDAQ:SFIX - Get Free Report) last released its earnings results on Thursday, December 4th. The company reported ($0.05) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.05). Stitch Fix had a negative return on equity of 14.38% and a negative net margin of 2.23%.The firm had revenue of $342.13 million during the quarter, compared to the consensus estimate of $335.74 million. During the same period in the prior year, the firm posted ($0.03) earnings per share. The firm's revenue for the quarter was up 7.3% compared to the same quarter last year. Research analysts expect that Stitch Fix, Inc. will post -0.44 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
SFIX has been the topic of a number of recent analyst reports. Wall Street Zen lowered Stitch Fix from a "buy" rating to a "hold" rating in a research report on Saturday, January 3rd. Weiss Ratings reiterated a "sell (d-)" rating on shares of Stitch Fix in a research report on Wednesday, October 8th. Zacks Research cut Stitch Fix from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 5th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $6.00 price objective on shares of Stitch Fix in a research note on Monday, December 1st. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating and set a $6.00 target price on shares of Stitch Fix in a research report on Thursday, September 25th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $6.00.
Check Out Our Latest Report on Stitch Fix
Hedge Funds Weigh In On Stitch Fix
Large investors have recently bought and sold shares of the stock. Pallas Capital Advisors LLC boosted its holdings in Stitch Fix by 32.2% in the 4th quarter. Pallas Capital Advisors LLC now owns 14,085 shares of the company's stock valued at $74,000 after purchasing an additional 3,428 shares during the period. SG Americas Securities LLC lifted its stake in shares of Stitch Fix by 85.3% in the fourth quarter. SG Americas Securities LLC now owns 147,354 shares of the company's stock valued at $774,000 after buying an additional 67,828 shares during the period. Diversified Trust Co. lifted its stake in shares of Stitch Fix by 29.8% in the fourth quarter. Diversified Trust Co. now owns 40,179 shares of the company's stock valued at $211,000 after buying an additional 9,224 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in Stitch Fix by 39.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 39,154 shares of the company's stock worth $203,000 after buying an additional 11,082 shares in the last quarter. Finally, Hudson Bay Capital Management LP bought a new position in Stitch Fix during the third quarter valued at about $61,000. 71.04% of the stock is currently owned by institutional investors and hedge funds.
About Stitch Fix
(
Get Free Report)
Stitch Fix, Inc, headquartered in San Francisco, California, is a leading online personal styling service that blends data science with human expertise to deliver curated clothing and accessory selections. Founded in 2011 by Katrina Lake, the company pioneered a subscription-based model in which customers receive periodic “Fixes” tailored to their personal style, size and budget. Each shipment arrives with several handpicked items along with styling notes, allowing clients to review, purchase and return pieces at their convenience.
Clients begin by completing an online style profile that captures their measurements, design preferences and lifestyle needs.
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