Stitch Fix (NASDAQ:SFIX) Trading Down 5.3% - What's Next?

Key Points

• Stitch Fix's stock price fell by 5.3% to $4.19, with trading volume down 93% compared to the average, indicating significant market movements.
• Wall Street analysts have mixed opinions, with one upgrade to "outperform," but a consensus rating of "Hold" and a price target of $6.00.
• Recent insider trading reveals significant sell-offs, including 90,000 shares by insider Anthony Bacos, reflecting concerns about the company's stock outlook.

Stitch Fix, Inc. (NASDAQ:SFIX - Get Free Report)'s share price traded down 5.3% during mid-day trading on Friday . The company traded as low as $4.22 and last traded at $4.19. 172,069 shares were traded during trading, a decline of 93% from the average session volume of 2,340,257 shares. The stock had previously closed at $4.42.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on SFIX shares. William Blair upgraded shares of Stitch Fix from a "market perform" rating to an "outperform" rating in a report on Monday, July 14th. Wall Street Zen lowered shares of Stitch Fix from a "buy" rating to a "hold" rating in a report on Sunday, June 22nd. Sanford C. Bernstein reissued a "market perform" rating and issued a $6.00 price target on shares of Stitch Fix in a research report on Thursday, September 25th. Telsey Advisory Group reissued a "market perform" rating and issued a $6.00 price target on shares of Stitch Fix in a research report on Thursday, September 25th. Finally, UBS Group reiterated a "neutral" rating on shares of Stitch Fix in a report on Wednesday, September 17th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $6.00.

Stitch Fix Stock Performance

The firm has a market capitalization of $529.07 million, a PE ratio of -8.58 and a beta of 2.08. The business's 50 day moving average is $5.04 and its two-hundred day moving average is $4.28.

Stitch Fix (NASDAQ:SFIX - Get Free Report) last released its quarterly earnings results on Wednesday, September 24th. The company reported ($0.07) EPS for the quarter, beating analysts' consensus estimates of ($0.10) by $0.03. Stitch Fix had a negative net margin of 2.27% and a negative return on equity of 14.57%. The firm had revenue of $311.23 million during the quarter, compared to analyst estimates of $307.15 million. During the same period in the previous year, the business earned ($0.30) EPS. The business's revenue for the quarter was down 2.6% on a year-over-year basis. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities research analysts predict that Stitch Fix, Inc. will post -0.44 EPS for the current year.

Insider Activity at Stitch Fix

In other Stitch Fix news, insider Anthony Bacos sold 90,000 shares of the business's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $5.61, for a total value of $504,900.00. Following the completion of the transaction, the insider owned 799,966 shares of the company's stock, valued at $4,487,809.26. The trade was a 10.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Katrina Lake sold 453,485 shares of the company's stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $5.06, for a total transaction of $2,294,634.10. The disclosure for this sale can be found here. Insiders sold 1,047,536 shares of company stock worth $5,350,202 in the last 90 days. 16.95% of the stock is currently owned by corporate insiders.

Institutional Trading of Stitch Fix

Hedge funds and other institutional investors have recently bought and sold shares of the company. Fund 1 Investments LLC boosted its stake in shares of Stitch Fix by 44.6% in the 2nd quarter. Fund 1 Investments LLC now owns 9,943,821 shares of the company's stock valued at $36,792,000 after purchasing an additional 3,064,901 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Stitch Fix by 7.9% in the first quarter. Vanguard Group Inc. now owns 6,982,536 shares of the company's stock worth $22,693,000 after buying an additional 513,422 shares during the period. Jacobs Levy Equity Management Inc. lifted its stake in shares of Stitch Fix by 6.9% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 2,635,207 shares of the company's stock valued at $8,564,000 after acquiring an additional 170,344 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Stitch Fix by 7.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,609,599 shares of the company's stock valued at $9,657,000 after acquiring an additional 174,426 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in Stitch Fix by 4,898.1% during the 2nd quarter. Marshall Wace LLP now owns 2,010,034 shares of the company's stock valued at $7,437,000 after acquiring an additional 1,969,818 shares during the period. Hedge funds and other institutional investors own 71.04% of the company's stock.

About Stitch Fix

Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.

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