Zumiez Inc. (NASDAQ:ZUMZ – Get Free Report) Director Liliana Gil Valletta sold 3,841 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $18.82, for a total transaction of $72,287.62. Following the transaction, the director directly owned 7,123 shares of the company’s stock, valued at $134,054.86. The trade was a 35.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Liliana Gil Valletta also recently made the following trade(s):
- On Friday, June 12th, Liliana Gil Valletta sold 1,319 shares of Zumiez stock. The shares were sold at an average price of $18.81, for a total transaction of $24,810.39.
- On Tuesday, June 9th, Liliana Gil Valletta sold 300 shares of Zumiez stock. The shares were sold at an average price of $19.41, for a total transaction of $5,823.00.
Zumiez Price Performance
ZUMZ stock opened at $18.39 on Monday. Zumiez Inc. has a 52 week low of $11.76 and a 52 week high of $31.70. The company has a fifty day simple moving average of $23.28 and a two-hundred day simple moving average of $24.65. The firm has a market capitalization of $310.24 million, a P/E ratio of 22.16 and a beta of 0.97.
Zumiez declared that its board has approved a stock buyback plan on Wednesday, March 11th that allows the company to buyback $40.00 million in shares. This buyback authorization allows the apparel and footwear maker to reacquire up to 10.2% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.
Wall Street Analyst Weigh In
ZUMZ has been the subject of several research reports. Wall Street Zen lowered shares of Zumiez from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Zacks Research lowered shares of Zumiez from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 11th. Finally, Weiss Ratings lowered shares of Zumiez from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $18.00.
View Our Latest Stock Report on ZUMZ
Institutional Investors Weigh In On Zumiez
Several institutional investors have recently made changes to their positions in ZUMZ. Caxton Associates LLP bought a new stake in shares of Zumiez in the 1st quarter worth about $176,000. Geode Capital Management LLC lifted its holdings in shares of Zumiez by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 382,561 shares of the apparel and footwear maker’s stock worth $5,074,000 after acquiring an additional 6,682 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of 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 worth $531,000 after acquiring an additional 797 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Zumiez by 123.4% in the 2nd quarter. Hsbc Holdings PLC now owns 42,418 shares of the apparel and footwear maker’s stock worth $547,000 after acquiring an additional 23,434 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of Zumiez in the 2nd quarter worth about $71,000. Institutional investors own 95.45% of the company’s stock.
About Zumiez
Zumiez, Inc (NASDAQ: ZUMZ) is a specialty retailer offering apparel, footwear, accessories and hardgoods targeted at the action-sports lifestyle market. With a focus on skateboarding, snowboarding, BMX and streetwear, the company stocks a mix of leading third-party brands—such as Vans, Nike SB, DC Shoes and The North Face—alongside proprietary private-label merchandise. In addition to traditional fashion items, Zumiez stores carry hardware and equipment tailored to board sports, supporting both amateur and enthusiast consumers.
Originally founded in 1978 in Seattle, Washington, by Tom Campion, Gary Haakenson and Steve Brosvik, Zumiez opened its first branded retail location in 1988.
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