Empowered Funds LLC Has $5.80 Million Stake in Zumiez Inc. $ZUMZ

Key Points

• Empowered Funds LLC increased its Zumiez stake by 62.1% in the first quarter, owning 261,755 shares valued at approximately $5.8 million, or 1.55% of the company.
• Institutional investors and hedge funds own 95.45% of Zumiez, while insiders own 24.3%; insiders have sold 6,000 shares worth about $113,000 over the past 90 days.
• Zumiez reported quarterly revenue of $193.35 million, up 4.9% year over year, but missed EPS expectations slightly. Analysts maintain a cautious outlook, with an average “Reduce” rating and an $18 consensus price target.

Empowered Funds LLC grew its position in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 62.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 261,755 shares of the apparel and footwear maker's stock after purchasing an additional 100,268 shares during the quarter. Empowered Funds LLC owned approximately 1.55% of Zumiez worth $5,800,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. New York State Teachers Retirement System acquired a new position in Zumiez in the first quarter valued at $27,000. Kestra Advisory Services LLC bought a new stake in Zumiez during the fourth quarter valued at $27,000. Quarry LP acquired a new stake in Zumiez during the 3rd quarter worth about $54,000. Quantbot Technologies LP bought a new position in shares of Zumiez in the 2nd quarter worth about $71,000. Finally, Aquatic Capital Management LLC bought a new position in shares of Zumiez in the 3rd quarter worth about $148,000. 95.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on ZUMZ shares. Weiss Ratings cut Zumiez from a "sell (d+)" rating to a "sell (d)" rating in a research note on Thursday, June 18th. Wall Street Zen raised shares of Zumiez from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus target price of $18.00.

Insiders Place Their Bets

In other Zumiez news, Director Liliana Gil Valletta sold 3,841 shares of the company's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $18.82, for a total transaction of $72,287.62. Following the transaction, the director owned 7,123 shares in the company, valued at approximately $134,054.86. This represents a 35.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 6,000 shares of company stock worth $112,987 in the last 90 days. Corporate insiders own 24.30% of the company's stock.

Zumiez Stock Performance

Shares of NASDAQ:ZUMZ opened at $18.64 on Monday. Zumiez Inc. has a 52-week low of $15.09 and a 52-week high of $31.70. The business's 50 day simple moving average is $18.64 and its two-hundred day simple moving average is $22.02. The firm has a market cap of $314.46 million, a P/E ratio of 22.46 and a beta of 1.00.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last released its quarterly earnings data on Thursday, June 4th. The apparel and footwear maker reported ($0.82) EPS for the quarter, missing the consensus estimate of ($0.81) by ($0.01). Zumiez had a net margin of 1.54% and a return on equity of 4.24%. The firm had revenue of $193.35 million for the quarter, compared to the consensus estimate of $191.02 million. During the same quarter in the prior year, the firm earned ($0.66) EPS. The company's revenue was up 4.9% compared to the same quarter last year. Zumiez has set its Q2 2026 guidance at -0.230--0.080 EPS. On average, equities analysts forecast that Zumiez Inc. will post 0.86 earnings per share for the current fiscal year.

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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