Zumiez (NASDAQ:ZUMZ) Shares Pass Above 200-Day Moving Average - Here's Why

Zumiez Inc. (NASDAQ:ZUMZ - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.12 and traded as high as $20.82. Zumiez shares last traded at $20.36, with a volume of 146,847 shares.

Analysts Set New Price Targets

A number of research firms recently commented on ZUMZ. Zacks Research raised Zumiez from a "hold" rating to a "strong-buy" rating in a report on Thursday, October 2nd. B. Riley boosted 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. Wall Street Zen raised Zumiez from a "hold" rating to a "buy" rating in a report on Saturday, October 11th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Zumiez in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $18.00.

Zumiez Trading Down 0.4%

The company has a 50-day moving average price of $18.99 and a two-hundred day moving average price of $15.12. The stock has a market cap of $349.17 million, a P/E ratio of -2,033.97 and a beta of 1.04.

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

Insider Buying and Selling at Zumiez

In related news, insider Chris K. Visser sold 5,618 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $20.09, for a total transaction of $112,865.62. Following the sale, the insider owned 44,303 shares in the company, valued at approximately $890,047.27. This represents a 11.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Liliana Gil Valletta sold 3,655 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $21.30, for a total value 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 position. The disclosure for this sale can be found here. Corporate insiders own 20.30% of the company's stock.

Institutional Trading of Zumiez

Several hedge funds and other institutional investors have recently bought and sold shares of ZUMZ. GAMMA Investing LLC grew its position in Zumiez by 6,451.4% in the 1st quarter. GAMMA Investing LLC now owns 2,293 shares of the apparel and footwear maker's stock valued at $34,000 after acquiring an additional 2,258 shares during the last quarter. Quantbot Technologies LP bought a new position in Zumiez in the 2nd quarter valued at $71,000. CWM LLC grew its position in Zumiez by 422.9% in the 2nd quarter. CWM LLC now owns 6,751 shares of the apparel and footwear maker's stock valued at $90,000 after acquiring an additional 5,460 shares during the last quarter. Magnetar Financial LLC bought a new position in Zumiez in the 1st quarter valued at $173,000. Finally, Caxton Associates LLP bought a new position in Zumiez in the 1st quarter valued at $176,000. Hedge funds and other institutional investors own 95.45% of the company's stock.

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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