Zumiez Inc. (NASDAQ:ZUMZ – Get Free Report) Director Liliana Gil Valletta sold 3,841 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $18.82, for a total value of $72,287.62. Following the completion of the transaction, the director owned 7,123 shares of the company’s stock, valued at approximately $134,054.86. This represents a 35.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
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 value 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 value of $5,823.00.
Zumiez Stock Down 0.6%
Shares of NASDAQ ZUMZ traded down $0.12 during trading hours on Friday, reaching $18.39. 212,829 shares of the stock traded hands, compared to its average volume of 179,701. The company has a market capitalization of $310.24 million, a P/E ratio of 22.16 and a beta of 0.97. Zumiez Inc. has a 52-week low of $11.76 and a 52-week high of $31.70. The company’s 50-day simple moving average is $23.35 and its two-hundred day simple moving average is $24.69.
Zumiez declared that its Board of Directors has authorized a share buyback plan on Wednesday, March 11th that permits the company to buyback $40.00 million in outstanding shares. This buyback authorization permits the apparel and footwear maker to repurchase up to 10.2% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on ZUMZ shares. Weiss Ratings cut Zumiez from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, June 5th. Wall Street Zen cut Zumiez from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Zacks Research cut Zumiez from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Zumiez has an average rating of “Reduce” and a consensus target price of $18.00.
View Our Latest Analysis on ZUMZ
Institutional Investors Weigh In On Zumiez
A number of large investors have recently made changes to their positions in ZUMZ. New York State Teachers Retirement System bought a new stake in shares of Zumiez in the 1st quarter worth approximately $27,000. Kestra Advisory Services LLC bought a new stake in shares of Zumiez in the 4th quarter worth approximately $27,000. Quarry LP bought a new stake in shares of Zumiez in the 3rd quarter worth approximately $54,000. Quantbot Technologies LP bought a new stake in shares of Zumiez in the 2nd quarter worth approximately $71,000. Finally, Aquatic Capital Management LLC bought a new stake in shares of Zumiez in the 3rd quarter worth approximately $148,000. 95.45% of the stock is currently owned by institutional investors.
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.
Featured Articles
- Five stocks we like better than Zumiez
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for Zumiez Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zumiez and related companies with MarketBeat.com's FREE daily email newsletter.
