Zumiez Inc. (NASDAQ:ZUMZ – Get Free Report) Director Liliana Gil Valletta sold 1,319 shares of Zumiez stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $18.81, for a total value of $24,810.39. Following the transaction, the director directly owned 5,804 shares of the company’s stock, valued at $109,173.24. The trade was a 18.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 shares were sold at an average price of $18.82, for a total value of $72,287.62.
- On Tuesday, June 9th, Liliana Gil Valletta sold 300 shares of Zumiez stock. The shares were sold at an average price of $19.41, for a total value of $5,823.00.
Zumiez Stock Down 0.6%
ZUMZ stock opened at $18.39 on Friday. The firm has a market capitalization 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 has a 50-day simple moving average of $23.28 and a two-hundred day simple moving average of $24.65.
Zumiez announced that its Board of Directors has initiated a share buyback plan on Wednesday, March 11th that allows the company to buyback $40.00 million in shares. This buyback authorization allows the apparel and footwear maker to reacquire up to 10.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on ZUMZ shares. Zacks Research downgraded Zumiez from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 11th. Weiss Ratings downgraded Zumiez from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Finally, Wall Street Zen cut Zumiez from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $18.00.
Get Our Latest Stock Report on Zumiez
Institutional Trading of Zumiez
Hedge funds have recently bought and sold shares of the company. New York State Teachers Retirement System bought a new stake in Zumiez in the 1st quarter worth approximately $27,000. Kestra Advisory Services LLC bought a new stake in Zumiez in the 4th quarter worth approximately $27,000. Quarry LP bought a new stake in Zumiez in the 3rd quarter worth approximately $54,000. Quantbot Technologies LP bought a new stake in shares of Zumiez in the 2nd quarter worth approximately $71,000. Finally, Aquatic Capital Management LLC bought a new stake in shares of Zumiez in the 3rd quarter worth approximately $148,000. Institutional investors own 95.45% of the company’s stock.
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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