Casey O'connor Sells 50,000 Shares of Stitch Fix (NASDAQ:SFIX) Stock

Key Points

• Casey O'Connor, an insider at Stitch Fix, sold 50,000 shares at an average price of $4.41, reducing his holdings by 10.39%, leaving him with approximately 431,441 shares valued around $1.9 million.
• Stitch Fix's stock is currently trading at $4.44, with a market capitalization of $595.45 million, and has experienced a 2.6% year-over-year decrease in revenue for the last reported quarter.
• Equity analysts have issued mixed ratings for Stitch Fix, with a consensus target price of $6.00, reflecting a general outlook of "Hold" among market participants.

Stitch Fix, Inc. (NASDAQ:SFIX - Get Free Report) insider Casey O'connor sold 50,000 shares of the firm's stock in a transaction on Monday, October 20th. The stock was sold at an average price of $4.41, for a total transaction of $220,500.00. Following the transaction, the insider directly owned 431,441 shares of the company's stock, valued at approximately $1,902,654.81. This trade represents a 10.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Casey O'connor also recently made the following trade(s):

• On Monday, July 28th, Casey O'connor sold 31,248 shares of Stitch Fix stock. The shares were sold at an average price of $5.34, for a total transaction of $166,864.32.

Stitch Fix Trading Up 0.5%

SFIX traded up $0.02 during midday trading on Tuesday, hitting $4.44. 2,478,677 shares of the company were exchanged, compared to its average volume of 3,928,682. The company's 50 day simple moving average is $4.98 and its 200 day simple moving average is $4.34. The firm has a market capitalization of $595.45 million, a price-to-earnings ratio of -9.65 and a beta of 2.08. Stitch Fix, Inc. has a 1-year low of $2.60 and a 1-year high of $6.99.

Stitch Fix (NASDAQ:SFIX - Get Free Report) last issued its quarterly earnings data on Wednesday, September 24th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.03. The business had revenue of $311.23 million during the quarter, compared to analysts' expectations of $307.15 million. Stitch Fix had a negative return on equity of 14.57% and a negative net margin of 2.27%.The company's revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.30) EPS. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities analysts anticipate that Stitch Fix, Inc. will post -0.44 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Telsey Advisory Group reaffirmed a "market perform" rating and set a $6.00 target price on shares of Stitch Fix in a report on Thursday, September 25th. Zacks Research upgraded shares of Stitch Fix from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 15th. UBS Group restated a "neutral" rating on shares of Stitch Fix in a research report on Wednesday, September 17th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Stitch Fix in a report on Wednesday, October 8th. Finally, Sanford C. Bernstein reissued a "market perform" rating and issued a $6.00 price objective on shares of Stitch Fix in a report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $6.00.

Hedge Funds Weigh In On Stitch Fix

Several hedge funds and other institutional investors have recently made changes to their positions in SFIX. Wescott Financial Advisory Group LLC purchased a new stake in shares of Stitch Fix during the first quarter worth approximately $32,000. First Dallas Securities Inc. purchased a new stake in shares of Stitch Fix during the second quarter worth $37,000. Ameritas Investment Partners Inc. raised its position in shares of Stitch Fix by 32.3% in the second quarter. Ameritas Investment Partners Inc. now owns 10,839 shares of the company's stock valued at $40,000 after buying an additional 2,645 shares during the last quarter. 111 Capital acquired a new stake in shares of Stitch Fix in the second quarter valued at about $44,000. Finally, Creative Planning purchased a new position in shares of Stitch Fix in the second quarter worth about $46,000. Hedge funds and other institutional investors own 71.04% of the company's stock.

Stitch Fix Company Profile

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

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