Zumiez Inc. $ZUMZ Shares Acquired by Trexquant Investment LP

Key Points

• Trexquant Investment LP has increased its stake in Zumiez Inc. by 80.9%, acquiring an additional 33,734 shares, bringing its total ownership to 75,454 shares valued at approximately $1,124,000.
• Zumiez has received a mix of ratings from analysts, with Zacks Research upgrading it to a "hold" and B. Riley increasing its price target from $14.00 to $18.00, maintaining a "neutral" rating.
• Zumiez recently reported a quarterly earnings beat with an EPS of ($0.06), exceeding analysts' expectations and indicating a revenue increase of 1.9% year-over-year.

Trexquant Investment LP grew its position in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 80.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,454 shares of the apparel and footwear maker's stock after buying an additional 33,734 shares during the quarter. Trexquant Investment LP owned 0.39% of Zumiez worth $1,124,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Landscape Capital Management L.L.C. purchased a new stake in shares of Zumiez in the 1st quarter worth $1,746,000. Nuveen LLC bought a new position in shares of Zumiez in the 1st quarter worth $876,000. Charles Schwab Investment Management Inc. raised its position in shares of Zumiez by 3.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 233,020 shares of the apparel and footwear maker's stock worth $3,470,000 after acquiring an additional 7,895 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Zumiez in the 1st quarter worth $469,000. Finally, GSA Capital Partners LLP raised its position in shares of Zumiez by 50.8% in the 1st quarter. GSA Capital Partners LLP now owns 139,889 shares of the apparel and footwear maker's stock worth $2,083,000 after acquiring an additional 47,105 shares in the last quarter. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

Zumiez Stock Performance

NASDAQ:ZUMZ traded down $0.87 during mid-day trading on Friday, hitting $20.22. 177,241 shares of the company's stock traded hands, compared to its average volume of 245,184. The company has a fifty day moving average of $15.79 and a 200 day moving average of $14.04. Zumiez Inc. has a twelve month low of $11.31 and a twelve month high of $24.67. The company has a market capitalization of $346.77 million, a P/E ratio of -2,019.98 and a beta of 0.96.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last announced its earnings results on Thursday, September 4th. The apparel and footwear maker reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.05. Zumiez had a return on equity of 0.19% and a net margin of 0.06%.The company had revenue of $214.28 million for the quarter, compared to analyst estimates of $210.53 million. During the same period in the prior year, the company posted ($0.04) EPS. The firm's quarterly revenue was up 1.9% compared to the same quarter last year. Zumiez has set its Q3 2025 guidance at 0.190-0.290 EPS. On average, research analysts expect that Zumiez Inc. will post -0.12 earnings per share for the current fiscal year.

Zumiez declared that its Board of Directors has authorized a share repurchase plan on Thursday, June 5th that permits the company to repurchase $15.00 million in outstanding shares. This repurchase authorization permits the apparel and footwear maker to repurchase up to 6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Zacks Research raised Zumiez from a "strong sell" rating to a "hold" rating in a research report on Wednesday, September 3rd. B. Riley boosted their price target on Zumiez from $14.00 to $18.00 and gave the stock a "neutral" rating in a research report on Friday, September 5th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $18.00.

Insider Transactions at Zumiez

In related news, Director Liliana Gil Valletta sold 6,600 shares of the company's stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $12.82, for a total transaction of $84,612.00. Following the transaction, the director directly owned 10,809 shares of the company's stock, valued at $138,571.38. This represents a 37.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 21.20% of the stock is owned by corporate insiders.

Zumiez Company Profile

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.