Scott Andrew Bailey Sells 5,986 Shares of Zumiez Inc. (ZUMZ) Stock
Zumiez Inc. (NASDAQ:ZUMZ) Director Scott Andrew Bailey sold 5,986 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $25.94, for a total transaction of $155,276.84. Following the completion of the transaction, the director now owns 3,189 shares of the company’s stock, valued at $82,722.66. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
ZUMZ opened at $26.58 on Friday. Zumiez Inc. has a twelve month low of $17.57 and a twelve month high of $32.70. The firm has a market cap of $676.05 million, a PE ratio of 14.85, a PEG ratio of 1.06 and a beta of 1.23.
Zumiez (NASDAQ:ZUMZ) last posted its quarterly earnings data on Thursday, March 14th. The apparel and footwear maker reported $1.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.11 by $0.07. Zumiez had a net margin of 4.62% and a return on equity of 12.24%. The company had revenue of $304.56 million during the quarter, compared to analysts’ expectations of $305.55 million. During the same period in the prior year, the company posted $0.82 earnings per share. Zumiez’s revenue for the quarter was down 1.2% compared to the same quarter last year. Research analysts anticipate that Zumiez Inc. will post 1.85 EPS for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. increased its position in shares of Zumiez by 1.6% during the fourth quarter. BlackRock Inc. now owns 2,991,857 shares of the apparel and footwear maker’s stock worth $57,354,000 after buying an additional 47,508 shares during the period. Vanguard Group Inc. increased its position in shares of Zumiez by 9.9% during the third quarter. Vanguard Group Inc. now owns 2,199,058 shares of the apparel and footwear maker’s stock worth $57,945,000 after buying an additional 197,221 shares during the period. Vanguard Group Inc increased its position in shares of Zumiez by 9.9% during the third quarter. Vanguard Group Inc now owns 2,199,058 shares of the apparel and footwear maker’s stock worth $57,945,000 after buying an additional 197,221 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of Zumiez by 62.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 769,112 shares of the apparel and footwear maker’s stock worth $14,744,000 after buying an additional 294,548 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of Zumiez by 53.3% during the third quarter. Renaissance Technologies LLC now owns 714,400 shares of the apparel and footwear maker’s stock worth $18,824,000 after buying an additional 248,500 shares during the period. Institutional investors own 79.90% of the company’s stock.
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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 September 1, 2018, the company operated 703 stores, including 610 stores in the United States, 50 stores in Canada, 36 stores in Europe, and 7 stores in Australia under the names of Zumiez, Blue Tomato, and Fast Times.
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