Zumiez Inc. (NASDAQ:ZUMZ – Get Free Report) Director Liliana Gil Valletta sold 1,319 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $18.81, for a total transaction of $24,810.39. Following the transaction, the director owned 5,804 shares in the company, valued at $109,173.24. The trade was a 18.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Liliana Gil Valletta also recently made the following trade(s):
- 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 transaction 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 transaction of $5,823.00.
Zumiez Price Performance
ZUMZ traded down $0.12 on Friday, reaching $18.39. 212,829 shares of the company’s stock were exchanged, compared to its average volume of 179,701. The stock has a market cap of $310.24 million, a PE ratio of 22.16 and a beta of 0.97. Zumiez Inc. has a twelve month low of $11.76 and a twelve month high of $31.70. The stock’s fifty day moving average price is $23.35 and its 200-day moving average price is $24.69.
Zumiez declared that its board has authorized a stock repurchase plan on Wednesday, March 11th that permits the company to repurchase $40.00 million in outstanding shares. This repurchase authorization permits the apparel and footwear maker to purchase up to 10.2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the stock. Weiss Ratings lowered shares of Zumiez from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, June 5th. Wall Street Zen lowered shares of Zumiez from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Zacks Research lowered shares of Zumiez from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $18.00.
View Our Latest Report on ZUMZ
Institutional Investors Weigh In On Zumiez
Institutional investors and hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC purchased a new stake in shares of Zumiez in the 4th quarter valued at approximately $27,000. New York State Teachers Retirement System purchased a new stake in shares of Zumiez in the 1st quarter valued at approximately $27,000. Quarry LP purchased a new stake in shares of Zumiez in the 3rd quarter valued at approximately $54,000. Quantbot Technologies LP purchased a new stake in shares of Zumiez in the 2nd quarter valued at approximately $71,000. Finally, State of Wyoming purchased a new stake in shares of Zumiez in the 4th quarter valued at approximately $169,000. 95.45% of the stock is owned by hedge funds and other institutional investors.
Zumiez Company Profile
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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