Graham Capital Management L.P. Invests $426,000 in Zumiez Inc. (NASDAQ:ZUMZ)

Graham Capital Management L.P. purchased a new stake in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 22,203 shares of the apparel and footwear maker's stock, valued at approximately $426,000. Graham Capital Management L.P. owned about 0.12% of Zumiez at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ZUMZ. Fund 1 Investments LLC grew its position in shares of Zumiez by 134.5% during the 4th quarter. Fund 1 Investments LLC now owns 435,905 shares of the apparel and footwear maker's stock valued at $8,356,000 after buying an additional 250,014 shares during the last quarter. Deutsche Bank AG boosted its stake in Zumiez by 54.7% in the fourth quarter. Deutsche Bank AG now owns 18,411 shares of the apparel and footwear maker's stock valued at $353,000 after acquiring an additional 6,511 shares during the period. Cubist Systematic Strategies LLC boosted its stake in Zumiez by 51.7% in the fourth quarter. Cubist Systematic Strategies LLC now owns 33,590 shares of the apparel and footwear maker's stock valued at $644,000 after acquiring an additional 11,447 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Zumiez by 104.1% during the fourth quarter. BNP Paribas Financial Markets now owns 115,377 shares of the apparel and footwear maker's stock valued at $2,212,000 after purchasing an additional 58,848 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Zumiez by 0.4% during the 4th quarter. Ameriprise Financial Inc. now owns 375,422 shares of the apparel and footwear maker's stock worth $7,197,000 after purchasing an additional 1,600 shares during the period. 95.45% of the stock is owned by institutional investors and hedge funds.

Zumiez Price Performance

Shares of NASDAQ ZUMZ traded up $0.25 during mid-day trading on Thursday, hitting $12.35. The company had a trading volume of 22,122 shares, compared to its average volume of 301,532. Zumiez Inc. has a 12 month low of $11.31 and a 12 month high of $31.37. The stock has a market cap of $241.61 million, a price-to-earnings ratio of -4.80 and a beta of 0.93. The firm's 50 day simple moving average is $13.23 and its two-hundred day simple moving average is $16.42.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last issued its earnings results on Thursday, March 13th. The apparel and footwear maker reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The company had revenue of $279.16 million during the quarter, compared to analyst estimates of $276.47 million. During the same period in the prior year, the business earned $0.40 earnings per share. Zumiez's quarterly revenue was down .9% on a year-over-year basis. Equities analysts forecast that Zumiez Inc. will post -0.12 earnings per share for the current year.

About Zumiez

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.