Zumiez (NASDAQ:ZUMZ) Director Liliana Gil Valletta Sells 3,655 Shares

Key Points

• Liliana Gil Valletta, a director at Zumiez, sold 3,655 shares for a total of $77,851.50, reducing her position by 33.81%.
• Zumiez reported a net margin of 0.06% and revenues of $214.28 million for the latest quarter, exceeding analysts' expectations.
• The company's stock buyback plan authorizes the repurchase of $15 million in shares, indicating management believes the stock is undervalued.

Zumiez Inc. (NASDAQ:ZUMZ - Get Free Report) Director Liliana Gil Valletta sold 3,655 shares of the company's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $21.30, for a total transaction of $77,851.50. Following the sale, the director owned 7,154 shares in the company, valued at $152,380.20. The trade was a 33.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Liliana Gil Valletta also recently made the following trade(s):

• On Thursday, June 26th, Liliana Gil Valletta sold 6,600 shares of Zumiez stock. The stock was sold at an average price of $12.82, for a total transaction of $84,612.00.

Zumiez Stock Down 4.1%

Zumiez stock traded down $0.87 during mid-day trading on Friday, hitting $20.22. The company had a trading volume of 177,241 shares, compared to its average volume of 245,184. The stock has a market cap of $346.85 million, a price-to-earnings ratio of -2,019.98 and a beta of 0.96. Zumiez Inc. has a 1 year low of $11.31 and a 1 year high of $24.67. The business has a fifty day moving average of $15.79 and a 200 day moving average of $14.04.

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

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ZUMZ. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Zumiez in the fourth quarter valued at $29,000. GAMMA Investing LLC increased its position in shares of Zumiez by 6,451.4% in the first quarter. GAMMA Investing LLC now owns 2,293 shares of the apparel and footwear maker's stock valued at $34,000 after buying an additional 2,258 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of Zumiez in the second quarter valued at $71,000. CWM LLC increased its position in shares of Zumiez by 422.9% in the second quarter. CWM LLC now owns 6,751 shares of the apparel and footwear maker's stock valued at $90,000 after buying an additional 5,460 shares in the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in shares of Zumiez in the fourth quarter valued at $140,000. Hedge funds and other institutional investors own 95.45% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on ZUMZ. Zacks Research upgraded shares of Zumiez from a "strong sell" rating to a "hold" rating in a research note on Wednesday, September 3rd. B. Riley increased their price target on Zumiez from $14.00 to $18.00 and gave the stock a "neutral" rating in a report on Friday, September 5th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $18.00.

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.