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

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 stock in a transaction 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 transaction, the director owned 7,154 shares of the company's stock, valued at $152,380.20. The trade was a 33.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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 1.0%

ZUMZ traded down $0.22 during trading hours on Tuesday, hitting $21.02. 415,503 shares of the company's stock were exchanged, compared to its average volume of 279,066. Zumiez Inc. has a 1-year low of $11.31 and a 1-year high of $24.67. The stock's 50-day moving average is $15.27 and its two-hundred day moving average is $13.85. The stock has a market cap of $360.49 million, a price-to-earnings ratio of -2,099.90 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) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.05. Zumiez had a net margin of 0.06% and a return on equity of 0.19%. The business had revenue of $214.28 million during the quarter, compared to analysts' expectations of $210.53 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The firm's revenue was up 1.9% on a year-over-year basis. Zumiez has set its Q3 2025 guidance at 0.190-0.290 EPS. On average, equities research analysts anticipate that Zumiez Inc. will post -0.12 EPS for the current year.

Zumiez declared that its Board of Directors has authorized 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 purchase up to 6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

Hedge Funds Weigh In On Zumiez

Several hedge funds have recently bought and sold shares of the company. American Century Companies Inc. increased its holdings in Zumiez by 2.0% in the 2nd quarter. American Century Companies Inc. now owns 40,044 shares of the apparel and footwear maker's stock valued at $531,000 after buying an additional 797 shares during the period. Bank of New York Mellon Corp increased its holdings in Zumiez by 2.5% in the 1st quarter. Bank of New York Mellon Corp now owns 51,383 shares of the apparel and footwear maker's stock valued at $765,000 after buying an additional 1,257 shares during the period. Mutual Advisors LLC increased its holdings in Zumiez by 4.3% in the 2nd quarter. Mutual Advisors LLC now owns 33,410 shares of the apparel and footwear maker's stock valued at $443,000 after buying an additional 1,392 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Zumiez in the 4th quarter valued at about $29,000. Finally, Ameriprise Financial Inc. increased its holdings in Zumiez by 0.4% in the 4th quarter. Ameriprise Financial Inc. now owns 375,422 shares of the apparel and footwear maker's stock valued at $7,197,000 after buying an additional 1,600 shares during the period. 95.45% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

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.

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