Zumiez Inc. (NASDAQ:ZUMZ – Get Free Report) Director Liliana Gil Valletta sold 540 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $18.64, for a total transaction of $10,065.60. Following the transaction, the director directly owned 5,264 shares in the company, valued at $98,120.96. The trade was a 9.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Liliana Gil Valletta also recently made the following trade(s):
- On Friday, June 12th, Liliana Gil Valletta sold 1,319 shares of Zumiez stock. The stock was sold at an average price of $18.81, for a total transaction of $24,810.39.
- 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 Stock Performance
ZUMZ stock opened at $17.31 on Wednesday. Zumiez Inc. has a one year low of $12.01 and a one year high of $31.70. The stock has a market capitalization of $292.02 million, a PE ratio of 20.86 and a beta of 0.97. The company has a fifty day moving average of $23.13 and a 200-day moving average of $24.54.
Zumiez announced that its board has approved a stock buyback program on Wednesday, March 11th that permits the company to repurchase $40.00 million in shares. This repurchase authorization permits the apparel and footwear maker to buy up to 10.2% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.
Analyst Upgrades and Downgrades
Several analysts have recently commented on ZUMZ shares. Zacks Research cut shares of Zumiez from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. Weiss Ratings cut shares of Zumiez from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, June 5th. Finally, Wall Street Zen cut shares of Zumiez from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $18.00.
Check Out Our Latest Stock Analysis on Zumiez
Hedge Funds Weigh In On Zumiez
Several hedge funds have recently bought and sold shares of the company. New York State Teachers Retirement System purchased a new stake in Zumiez during the first quarter worth $27,000. Kestra Advisory Services LLC purchased a new stake in Zumiez during the fourth quarter worth $27,000. Quarry LP purchased a new stake in Zumiez during the third quarter worth $54,000. Quantbot Technologies LP purchased a new stake in Zumiez during the second quarter worth $71,000. Finally, Aquatic Capital Management LLC purchased a new stake in Zumiez during the third quarter worth $148,000. 95.45% of the stock is owned by hedge funds and other institutional investors.
About Zumiez
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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