BlackRock Inc. Takes $34.48 Million Position in Zumiez Inc. $ZUMZ

Key Points

• BlackRock acquired 1.94 million Zumiez shares during the second quarter, worth approximately $34.5 million and representing an 11.48% stake. Institutional investors and hedge funds collectively own 95.45% of the company.
• Zumiez shares opened at $17.82, near the lower end of their 52-week range of $15.09 to $31.70. The stock’s average analyst rating is “Reduce,” with an $18.00 price target.
• The company reported quarterly revenue of $193.35 million, up 4.9% year over year, but missed earnings estimates with a loss of $0.82 per share versus the expected $0.81 loss. An insider also sold 6,000 shares over the past quarter.

BlackRock Inc. acquired a new position in shares of Zumiez Inc. (NASDAQ:ZUMZ - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,937,114 shares of the apparel and footwear maker's stock, valued at approximately $34,481,000. BlackRock Inc. owned 11.48% of Zumiez as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Caxton Associates LLP acquired a new position in Zumiez in the first quarter valued at $176,000. Geode Capital Management LLC increased its holdings in Zumiez by 1.8% in the second quarter. Geode Capital Management LLC now owns 382,561 shares of the apparel and footwear maker's stock worth $5,074,000 after purchasing an additional 6,682 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Zumiez by 2.0% during the 2nd quarter. American Century Companies Inc. now owns 40,044 shares of the apparel and footwear maker's stock valued at $531,000 after acquiring an additional 797 shares during the period. Hsbc Holdings PLC boosted its position in shares of Zumiez by 123.4% during the 2nd quarter. Hsbc Holdings PLC now owns 42,418 shares of the apparel and footwear maker's stock worth $547,000 after purchasing an additional 23,434 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of Zumiez in the 2nd quarter valued at about $71,000. 95.45% of the stock is currently owned by institutional investors and hedge funds.

Zumiez Stock Down 0.4%

Shares of NASDAQ ZUMZ opened at $17.82 on Wednesday. Zumiez Inc. has a twelve month low of $15.09 and a twelve month high of $31.70. The stock's 50 day moving average price is $18.62 and its 200-day moving average price is $21.46. The company has a market capitalization of $300.62 million, a PE ratio of 21.47 and a beta of 1.00.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last issued its quarterly earnings results on Thursday, June 4th. The apparel and footwear maker reported ($0.82) EPS for the quarter, missing analysts' consensus estimates of ($0.81) by ($0.01). The business had revenue of $193.35 million for the quarter, compared to analysts' expectations of $191.02 million. Zumiez had a net margin of 1.54% and a return on equity of 4.24%. The business's revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.66) earnings per share. Zumiez has set its Q2 2026 guidance at -0.230--0.080 EPS. As a group, research analysts expect that Zumiez Inc. will post 0.87 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Weiss Ratings downgraded Zumiez from a "sell (d+)" rating to a "sell (d)" rating in a research note on Thursday, June 18th. Wall Street Zen raised Zumiez from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Zumiez has an average rating of "Reduce" and an average price target of $18.00.

Insider Buying and Selling at Zumiez

In related news, Director Liliana Gil Valletta sold 3,841 shares of the business's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $18.82, for a total value of $72,287.62. Following the transaction, the director directly owned 7,123 shares of the company's stock, valued at approximately $134,054.86. The trade was a 35.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 6,000 shares of company stock valued at $112,987. 24.30% of the stock is currently owned by insiders.

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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