Key Points
- Insider purchase: Adam Christopher Ellis bought 10,000 Zumiez shares at an average price of $13.40, increasing his holdings by 13.58% to 83,664 shares.
- Weak quarterly results: Zumiez reported quarterly revenue of $208.96 million and an adjusted loss of $0.17 per share, missing analyst expectations; revenue declined 2.5% year over year.
- Mixed sentiment: Institutional investors own 95.45% of the stock, while analysts maintain an overall “Hold” rating. Shares were trading near $14.14, close to the company’s one-year low of $13.07.
Zumiez Inc. (NASDAQ:ZUMZ - Get Free Report) insider Adam Ellis purchased 10,000 shares of the stock in a transaction dated Friday, September 18th. The shares were purchased at an average price of $13.40 per share, with a total value of $134,000.00. Following the completion of the acquisition, the insider owned 83,664 shares of the company's stock, valued at approximately $1,121,097.60. This represents a 13.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Zumiez Stock Performance
Shares of ZUMZ opened at $14.14 on Tuesday. The company has a market capitalization of $216.77 million, a price-to-earnings ratio of 19.64 and a beta of 1.00. The company's 50 day simple moving average is $17.51 and its 200 day simple moving average is $20.13. Zumiez Inc. has a 1 year low of $13.07 and a 1 year high of $31.70.
Zumiez (NASDAQ:ZUMZ - Get Free Report) last released its earnings results on Thursday, September 10th. The apparel and footwear maker reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.03). The firm had revenue of $208.96 million during the quarter, compared to analysts' expectations of $212.11 million. Zumiez had a return on equity of 3.71% and a net margin of 1.36%.The firm's revenue was down 2.5% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.06) earnings per share. Zumiez has set its Q3 2026 guidance at 0.000-0.100 EPS. Equities analysts expect that Zumiez Inc. will post 0.46 EPS for the current fiscal year.
Hedge Funds Weigh In On Zumiez
Several hedge funds and other institutional investors have recently modified their holdings of ZUMZ. Integrated Wealth Concepts LLC purchased a new stake in shares of Zumiez during the 2nd quarter worth about $34,000. Squarepoint Ops LLC raised its holdings in Zumiez by 44.0% in the second quarter. Squarepoint Ops LLC now owns 58,832 shares of the apparel and footwear maker's stock valued at $1,047,000 after buying an additional 17,966 shares during the period. Empowered Funds LLC acquired a new position in Zumiez during the second quarter valued at approximately $4,835,000. Public Employees Retirement System of Ohio acquired a new position in Zumiez during the second quarter valued at approximately $474,000. Finally, Hsbc Holdings PLC purchased a new stake in Zumiez during the second quarter worth approximately $355,000. 95.45% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on ZUMZ. Weiss Ratings raised Zumiez from a "sell (d)" rating to a "hold (c-)" rating in a research report on Friday, September 11th. Wall Street Zen lowered Zumiez from a "sell" rating to a "strong sell" rating in a research note on Saturday, September 19th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of "Hold".
Check Out Our Latest Research Report on ZUMZ
About Zumiez
(
Get Free Report)
Zumiez, Inc is a specialty retailer focused on apparel, footwear, accessories and equipment for young men and women interested in action sports, streetwear and active lifestyles. Its merchandise includes clothing, shoes, headwear, backpacks, skateboards, snowboards and related products, sold under a mix of established brands and private-label offerings.
The company operates through a combination of physical retail stores and e-commerce platforms. Its stores emphasize trend-focused merchandise and culture-driven retail experiences connected to skateboarding, snowboarding, surfing, BMX, motocross and other youth-oriented activities.
Founded in 1978, Zumiez began as a single store in Seattle, Washington, and has expanded its presence across the United States, Canada, Europe and Australia.
Further Reading
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