Sei Investments Co. Sells 54,969 Shares of Steven Madden, Ltd. $SHOO

Key Points

• Sei Investments reduced its Steven Madden stake by 33.5% in the first quarter, selling 54,969 shares and retaining 108,988 shares valued at approximately $3.7 million. Institutional investors collectively own 99.88% of the company.
• Steven Madden reported strong quarterly results, with EPS of $0.44 versus $0.33 expected and revenue up 19.1% year over year to $665.9 million. The company set fiscal 2026 EPS guidance at $2.05–$2.15 and declared a $0.21 quarterly dividend.
• Analyst sentiment is mixed but generally positive, with an average “Hold” rating and a $49.75 price target; several firms raised targets to $55. Shares have rallied sharply, while recent insider selling and a valuation near 24 times earnings may limit near-term upside.

Sei Investments Co. reduced its stake in shares of Steven Madden, Ltd. (NASDAQ:SHOO - Free Report) by 33.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 108,988 shares of the textile maker's stock after selling 54,969 shares during the period. Sei Investments Co. owned approximately 0.15% of Steven Madden worth $3,697,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in shares of Steven Madden by 86.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the textile maker's stock worth $25,000 after acquiring an additional 485 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Steven Madden during the fourth quarter worth $30,000. Global Retirement Partners LLC lifted its position in Steven Madden by 1,064.3% in the 4th quarter. Global Retirement Partners LLC now owns 815 shares of the textile maker's stock valued at $34,000 after acquiring an additional 745 shares in the last quarter. First Horizon Corp boosted its stake in Steven Madden by 55.1% in the 4th quarter. First Horizon Corp now owns 892 shares of the textile maker's stock worth $37,000 after purchasing an additional 317 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in Steven Madden by 79.4% in the 4th quarter. Farther Finance Advisors LLC now owns 983 shares of the textile maker's stock worth $41,000 after purchasing an additional 435 shares during the period. Institutional investors own 99.88% of the company's stock.

Insiders Place Their Bets

In other news, insider Christina Ciglar sold 5,147 shares of the firm's stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $44.74, for a total value of $230,276.78. Following the completion of the sale, the insider directly owned 35,200 shares of the company's stock, valued at $1,574,848. This trade represents a 12.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Mitchell S. Klipper sold 3,918 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $48.54, for a total value of $190,179.72. Following the transaction, the director directly owned 32,555 shares in the company, valued at $1,580,219.70. The trade was a 10.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 15,356 shares of company stock valued at $717,204. Corporate insiders own 2.21% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Steven Madden in a research note on Friday, July 17th. Williams Trading set a $56.00 price objective on Steven Madden in a research report on Monday. Telsey Advisory Group increased their price objective on Steven Madden from $50.00 to $55.00 and gave the stock an "outperform" rating in a report on Friday, July 31st. Citigroup reissued a "buy" rating and issued a $55.00 target price (up from $45.00) on shares of Steven Madden in a research report on Friday, July 31st. Finally, UBS Group restated a "neutral" rating and issued a $45.00 target price (up from $40.00) on shares of Steven Madden in a research note on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $49.75.

Trending Headlines about Steven Madden

Here are the key news stories impacting Steven Madden this week:

• Positive Sentiment: Steven Madden raised its 2026 revenue and earnings outlook after reporting strong second-quarter results. Brand momentum, direct-to-consumer growth and margin expansion are helping offset freight, tariff and other cost pressures. SHOO Raises 2026 Outlook
• Positive Sentiment: Second-quarter EPS was $0.44, beating the $0.33 consensus estimate, while revenue rose 19.1% year over year to $665.9 million, above expectations of $635.4 million. The company guided to fiscal 2026 EPS of $2.05–$2.15. SHOO Earnings and Valuation Analysis
• Positive Sentiment: Analyst sentiment remains generally favorable, with a “Moderate Buy” consensus and several price-target increases, including targets of $55 from Telsey Advisory Group and Citigroup. The company also declared a quarterly dividend of $0.21 per share, or $0.84 annualized.
• Neutral Sentiment: Shares have rallied about 22.5% over the past month, lifting the valuation to roughly 24–25 times earnings. Continued gains may therefore require sustained brand growth and further upward earnings revisions. SHOO Rally and Valuation Analysis
• Negative Sentiment: Zacks Research downgraded SHOO from “strong buy” to “hold,” signaling that the recent rally and premium valuation may have reduced the stock’s near-term upside.
• Negative Sentiment: Directors Mitchell S. Klipper, Arian Simone Reed and Al Ferrara sold approximately $190,000, $61,000 and $189,000 of shares, respectively. The transactions reduced their individual holdings by roughly 11%–13% and may weigh on sentiment, although insider sales do not necessarily indicate deteriorating business fundamentals. SHOO Insider Trading Activity

Steven Madden Stock Performance

NASDAQ SHOO opened at $48.26 on Friday. The firm has a market capitalization of $3.53 billion, a P/E ratio of 24.25 and a beta of 1.14. The company has a current ratio of 1.91, a quick ratio of 1.13 and a debt-to-equity ratio of 0.13. The firm's fifty day moving average price is $43.57 and its two-hundred day moving average price is $40.00. Steven Madden, Ltd. has a 1 year low of $24.50 and a 1 year high of $49.70.

Steven Madden (NASDAQ:SHOO - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.11. The company had revenue of $665.87 million during the quarter, compared to the consensus estimate of $635.39 million. Steven Madden had a net margin of 5.23% and a return on equity of 13.85%. The company's quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.20 EPS. Steven Madden has set its FY 2026 guidance at 2.050-2.150 EPS. As a group, research analysts anticipate that Steven Madden, Ltd. will post 2.14 EPS for the current year.

Steven Madden Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Friday, September 11th will be paid a $0.21 dividend. The ex-dividend date is Friday, September 11th. This represents a $0.84 annualized dividend and a yield of 1.7%. Steven Madden's dividend payout ratio is currently 42.21%.

Steven Madden Profile

Steven Madden, Inc NASDAQ: SHOO is a New York–based designer and marketer of fashion footwear, handbags and accessories. The company's product portfolio spans a range of contemporary and lifestyle brands for women, men and children, including its core Steve Madden label as well as the Madden Girl and Dolce Vita brands. In addition to footwear, the company licenses its trademarks for use on apparel, eyewear and other fashion accessories.

Steven Madden distributes its products through multiple channels, including wholesale partners, e-commerce platforms and its own brick-and-mortar retail stores.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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