Stitch Fix (NASDAQ:SFIX) Insider Sells $309,448.62 in Stock

Stitch Fix, Inc. (NASDAQ:SFIX) insider Anthony Bacos sold 70,011 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $4.42, for a total transaction of $309,448.62. Following the completion of the transaction, the insider owned 1,051,994 shares of the company’s stock, valued at $4,649,813.48. The trade was a 6.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Anthony Bacos also recently made the following trade(s):

• On Wednesday, June 24th, Anthony Bacos sold 100,000 shares of Stitch Fix stock. The shares were sold at an average price of $4.51, for a total transaction of $451,000.00.
• On Monday, June 22nd, Anthony Bacos sold 70,000 shares of Stitch Fix stock. The stock was sold at an average price of $4.04, for a total value of $282,800.00.
• On Tuesday, June 16th, Anthony Bacos sold 70,000 shares of Stitch Fix stock. The shares were sold at an average price of $4.15, for a total value of $290,500.00.

Stitch Fix Price Performance

NASDAQ:SFIX opened at $3.84 on Friday. The stock’s 50-day simple moving average is $3.70 and its 200 day simple moving average is $4.00. The firm has a market capitalization of $512.37 million, a PE ratio of -48.00 and a beta of 2.26. Stitch Fix, Inc. has a twelve month low of $2.95 and a twelve month high of $5.94.

Stitch Fix (NASDAQ:SFIX) last issued its earnings results on Wednesday, June 10th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.05. The firm had revenue of $340.28 million during the quarter, compared to the consensus estimate of $333.51 million. Stitch Fix had a negative return on equity of 9.35% and a negative net margin of 1.43%.The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.06) earnings per share. On average, analysts anticipate that Stitch Fix, Inc. will post -0.14 EPS for the current fiscal year.

Key Stitch Fix News

Here are the key news stories impacting Stitch Fix this week:

• Positive Sentiment: Zacks Research lifted Stitch Fix’s FY2026 and FY2027 earnings estimates and improved its Q3 2027 outlook to breakeven, suggesting the company may be making gradual progress toward profitability.
• Neutral Sentiment: Analyst updates were mixed across different future periods, with some estimates revised higher and others lowered, making the overall takeaway less decisive for investors.
• Negative Sentiment: Zacks also cut several later-quarter and FY2028 EPS forecasts, underscoring lingering uncertainty about Stitch Fix’s longer-term earnings power.
• Negative Sentiment: Recent insider selling by Anthony Bacos, including a 70,011-share sale under a Rule 10b5-1 plan, may add pressure to sentiment even though the trade was pre-arranged.

Institutional Investors Weigh In On Stitch Fix

Several hedge funds have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership increased its position in Stitch Fix by 302.9% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,897,171 shares of the company’s stock valued at $12,603,000 after acquiring an additional 2,178,156 shares during the period. Marshall Wace LLP raised its stake in shares of Stitch Fix by 4,898.1% during the second quarter. Marshall Wace LLP now owns 2,010,034 shares of the company’s stock valued at $7,437,000 after acquiring an additional 1,969,818 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Stitch Fix by 73.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,664,995 shares of the company’s stock worth $19,241,000 after purchasing an additional 1,549,902 shares during the period. Archon Capital Management LLC acquired a new position in shares of Stitch Fix during the fourth quarter worth $7,702,000. Finally, Intrinsic Edge Capital Management LLC bought a new stake in shares of Stitch Fix in the fourth quarter worth $6,739,000. 71.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Weiss Ratings lowered shares of Stitch Fix from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, June 12th. Wall Street Zen downgraded shares of Stitch Fix from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. UBS Group increased their price target on Stitch Fix from $4.00 to $4.50 and gave the company a “neutral” rating in a research note on Thursday, June 11th. William Blair reissued a “mixed” rating on shares of Stitch Fix in a report on Friday, March 6th. Finally, Northland Securities initiated coverage on Stitch Fix in a research report on Thursday, May 28th. They set an “outperform” rating and a $5.00 price objective on the stock. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $5.12.

Stitch Fix Company Profile

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.