Zumiez Inc. (NASDAQ:ZUMZ) Shares Acquired by Fund 1 Investments LLC

Fund 1 Investments LLC raised its stake in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 134.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 435,905 shares of the apparel and footwear maker's stock after purchasing an additional 250,014 shares during the quarter. Zumiez comprises approximately 0.7% of Fund 1 Investments LLC's holdings, making the stock its 25th biggest holding. Fund 1 Investments LLC owned approximately 2.27% of Zumiez worth $8,356,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in Zumiez by 215.1% in the third quarter. JPMorgan Chase & Co. now owns 95,485 shares of the apparel and footwear maker's stock valued at $2,034,000 after acquiring an additional 65,182 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Zumiez by 19.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 421,045 shares of the apparel and footwear maker's stock worth $8,071,000 after purchasing an additional 68,676 shares during the period. Barclays PLC grew its holdings in shares of Zumiez by 55.6% during the 3rd quarter. Barclays PLC now owns 47,387 shares of the apparel and footwear maker's stock worth $1,010,000 after purchasing an additional 16,934 shares during the period. Renaissance Technologies LLC increased its position in Zumiez by 26.0% during the 4th quarter. Renaissance Technologies LLC now owns 53,811 shares of the apparel and footwear maker's stock worth $1,032,000 after purchasing an additional 11,111 shares in the last quarter. Finally, Meeder Asset Management Inc. increased its position in Zumiez by 364.7% during the 4th quarter. Meeder Asset Management Inc. now owns 26,298 shares of the apparel and footwear maker's stock worth $504,000 after purchasing an additional 20,639 shares in the last quarter. 95.45% of the stock is owned by hedge funds and other institutional investors.

Zumiez Price Performance

ZUMZ stock traded down $0.12 during midday trading on Wednesday, reaching $13.24. 95,155 shares of the company's stock traded hands, compared to its average volume of 297,112. Zumiez Inc. has a fifty-two week low of $11.31 and a fifty-two week high of $31.37. The business has a 50-day moving average price of $13.28 and a two-hundred day moving average price of $16.72. The company has a market capitalization of $259.07 million, a P/E ratio of -5.15 and a beta of 0.93.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last posted 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). Zumiez had a negative net margin of 5.60% and a negative return on equity of 2.67%. The business had revenue of $279.16 million for the quarter, compared to analyst estimates of $276.47 million. During the same quarter in the previous year, the firm posted $0.40 EPS. The business's revenue was down .9% compared to the same quarter last year. As a group, research analysts forecast that Zumiez Inc. will post -0.12 earnings per share for the current fiscal year.

About Zumiez

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.