Sherbrooke Park Advisers LLC reduced its stake in shares of Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 63.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,776 shares of the apparel and footwear maker's stock after selling 25,377 shares during the quarter. Sherbrooke Park Advisers LLC owned 0.08% of Zumiez worth $283,000 as of its most recent filing with the SEC.
Several other hedge funds have also modified their holdings of ZUMZ. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Zumiez in the fourth quarter valued at approximately $29,000. Point72 Asset Management L.P. purchased a new position in shares of Zumiez in the fourth quarter valued at $140,000. Man Group plc grew its holdings in Zumiez by 33.7% during the 4th quarter. Man Group plc now owns 83,572 shares of the apparel and footwear maker's stock valued at $1,602,000 after purchasing an additional 21,082 shares in the last quarter. Millennium Management LLC grew its holdings in Zumiez by 338.9% during the 4th quarter. Millennium Management LLC now owns 229,173 shares of the apparel and footwear maker's stock valued at $4,393,000 after purchasing an additional 176,953 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its stake in Zumiez by 1.9% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 424,217 shares of the apparel and footwear maker's stock worth $8,132,000 after buying an additional 7,943 shares during the period. 95.45% of the stock is currently owned by hedge funds and other institutional investors.
Zumiez Trading Down 3.6%
NASDAQ:ZUMZ traded down $0.44 on Friday, reaching $11.91. The stock had a trading volume of 227,840 shares, compared to its average volume of 298,422. The company has a 50-day moving average of $13.14 and a 200 day moving average of $16.23. The stock has a market cap of $233.04 million, a P/E ratio of -4.63 and a beta of 0.93. Zumiez Inc. has a 12-month low of $11.31 and a 12-month high of $31.37.
Zumiez (NASDAQ:ZUMZ - Get Free Report) last announced its earnings results on Thursday, March 13th. The apparel and footwear maker reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.01). The business had revenue of $279.16 million for the quarter, compared to analyst estimates of $276.47 million. Zumiez had a negative net margin of 5.60% and a negative return on equity of 2.67%. The firm's revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.40 earnings per share. On average, equities analysts predict that Zumiez Inc. will post -0.12 EPS for the current year.
Zumiez Profile
(
Free Report)
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.
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