Stitch Fix Inc (NASDAQ:SFIX) insider Scott Darling sold 4,000 shares of Stitch Fix stock in a transaction on Monday, December 9th. The shares were sold at an average price of $25.00, for a total transaction of $100,000.00. Following the completion of the sale, the insider now directly owns 63,157 shares of the company’s stock, valued at approximately $1,578,925. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

NASDAQ SFIX traded down $0.16 during trading on Friday, hitting $26.97. 359,336 shares of the stock traded hands, compared to its average volume of 2,333,710. The company has a market capitalization of $2.80 billion, a P/E ratio of 74.92, a price-to-earnings-growth ratio of 18.63 and a beta of 3.30. The firm has a 50-day simple moving average of $23.34 and a 200-day simple moving average of $23.88. The company has a quick ratio of 1.99, a current ratio of 2.00 and a debt-to-equity ratio of 0.32. Stitch Fix Inc has a 12-month low of $16.05 and a 12-month high of $37.72.

Stitch Fix (NASDAQ:SFIX) last issued its quarterly earnings results on Tuesday, October 1st. The company reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.03. Stitch Fix had a return on equity of 6.79% and a net margin of 1.57%. The firm had revenue of $432.10 million during the quarter, compared to analyst estimates of $432.44 million. During the same period last year, the company earned $0.18 EPS. Stitch Fix’s quarterly revenue was up 35.8% compared to the same quarter last year. As a group, research analysts predict that Stitch Fix Inc will post 0.07 EPS for the current fiscal year.

SFIX has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered their target price on Stitch Fix from $34.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 2nd. ValuEngine lowered Stitch Fix from a “hold” rating to a “sell” rating in a report on Wednesday. DA Davidson started coverage on Stitch Fix in a report on Tuesday. They set a “neutral” rating and a $27.00 target price for the company. Royal Bank of Canada reduced their target price on Stitch Fix from $43.00 to $38.00 and set an “outperform” rating for the company in a report on Wednesday, October 2nd. Finally, Barclays cut their price objective on Stitch Fix from $32.00 to $22.00 and set an “equal weight” rating for the company in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company. Stitch Fix presently has an average rating of “Hold” and an average price target of $29.69.

A number of institutional investors have recently bought and sold shares of SFIX. Janney Montgomery Scott LLC raised its holdings in Stitch Fix by 3.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 14,359 shares of the company’s stock worth $459,000 after purchasing an additional 465 shares during the period. Rhumbline Advisers grew its position in Stitch Fix by 1.0% in the third quarter. Rhumbline Advisers now owns 52,552 shares of the company’s stock worth $1,012,000 after acquiring an additional 502 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in Stitch Fix by 7.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 7,688 shares of the company’s stock worth $246,000 after acquiring an additional 551 shares during the period. Valeo Financial Advisors LLC lifted its stake in Stitch Fix by 27.3% during the third quarter. Valeo Financial Advisors LLC now owns 2,749 shares of the company’s stock worth $53,000 after purchasing an additional 590 shares in the last quarter. Finally, Brighton Jones LLC lifted its stake in Stitch Fix by 2.8% during the third quarter. Brighton Jones LLC now owns 23,911 shares of the company’s stock worth $460,000 after purchasing an additional 650 shares in the last quarter. Institutional investors and hedge funds own 41.77% of the company’s stock.

Stitch Fix Company Profile

Stitch Fix, Inc sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags for men, women, and kids under the Stitch Fix brand. The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc in October 2011.

Further Reading: What does a market perform rating mean?

Insider Buying and Selling by Quarter for Stitch Fix (NASDAQ:SFIX)

Receive News & Ratings for Stitch Fix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stitch Fix and related companies with MarketBeat.com's FREE daily email newsletter.