Zumiez Inc. (NASDAQ:ZUMZ) CEO Richard Miles Brooks sold 45,827 shares of Zumiez stock in a transaction dated Wednesday, August 22nd. The stock was sold at an average price of $30.01, for a total value of $1,375,268.27. Following the transaction, the chief executive officer now owns 3,199,509 shares of the company’s stock, valued at approximately $96,017,265.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Richard Miles Brooks also recently made the following trade(s):

  • On Friday, August 24th, Richard Miles Brooks sold 3,400 shares of Zumiez stock. The stock was sold at an average price of $30.00, for a total value of $102,000.00.
  • On Wednesday, June 6th, Richard Miles Brooks sold 3,957 shares of Zumiez stock. The stock was sold at an average price of $27.00, for a total value of $106,839.00.
  • On Friday, June 8th, Richard Miles Brooks sold 500,000 shares of Zumiez stock. The stock was sold at an average price of $27.70, for a total value of $13,850,000.00.

Shares of NASDAQ:ZUMZ opened at $29.75 on Friday. Zumiez Inc. has a 12-month low of $12.35 and a 12-month high of $31.80. The company has a market cap of $761.55 million, a PE ratio of 27.05 and a beta of 1.01.

Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings data on Thursday, June 7th. The apparel and footwear maker reported ($0.10) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. Zumiez had a return on equity of 8.64% and a net margin of 3.01%. The company had revenue of $206.29 million during the quarter, compared to analysts’ expectations of $199.34 million. During the same quarter in the previous year, the company posted ($0.18) earnings per share. The business’s revenue was up 13.9% on a year-over-year basis. equities research analysts expect that Zumiez Inc. will post 1.68 EPS for the current year.

A number of equities research analysts have recently issued reports on ZUMZ shares. B. Riley boosted their price objective on Zumiez from $27.50 to $30.00 and gave the stock a “buy” rating in a report on Friday, June 8th. TheStreet cut Zumiez from a “b-” rating to a “c+” rating in a report on Monday, July 16th. ValuEngine upgraded Zumiez from a “hold” rating to a “buy” rating in a report on Friday, August 10th. BidaskClub upgraded Zumiez from a “hold” rating to a “buy” rating in a report on Wednesday, August 8th. Finally, Wedbush started coverage on Zumiez in a report on Thursday, May 10th. They set a “neutral” rating and a $24.00 price objective for the company. They noted that the move was a valuation call. Five research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $25.86.

Large investors have recently modified their holdings of the company. Bank of New York Mellon Corp boosted its stake in shares of Zumiez by 14.6% in the second quarter. Bank of New York Mellon Corp now owns 290,609 shares of the apparel and footwear maker’s stock valued at $7,280,000 after buying an additional 36,985 shares during the period. Public Employees Retirement System of Ohio boosted its stake in shares of Zumiez by 6.5% in the second quarter. Public Employees Retirement System of Ohio now owns 36,737 shares of the apparel and footwear maker’s stock valued at $920,000 after buying an additional 2,250 shares during the period. Cubist Systematic Strategies LLC boosted its stake in shares of Zumiez by 59.2% in the second quarter. Cubist Systematic Strategies LLC now owns 13,439 shares of the apparel and footwear maker’s stock valued at $337,000 after buying an additional 4,997 shares during the period. Capital Fund Management S.A. bought a new stake in shares of Zumiez in the second quarter valued at approximately $318,000. Finally, Laurion Capital Management LP boosted its stake in shares of Zumiez by 8.8% in the second quarter. Laurion Capital Management LP now owns 32,105 shares of the apparel and footwear maker’s stock valued at $804,000 after buying an additional 2,600 shares during the period. Institutional investors own 76.40% of the company’s stock.

Zumiez Company Profile

Zumiez Inc, together with its subsidiaries, operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. Its hardgoods include skateboards, snowboards, bindings, components, and other equipment. As of February 3, 2018, the company operated 698 stores, including 607 stores in the United States, 50 stores in Canada, 34 stores in Europe, and 7 stores in Australia under the names of Zumiez, Blue Tomato, and Fast Times.

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Insider Buying and Selling by Quarter for Zumiez (NASDAQ:ZUMZ)

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