Stitch Fix (NASDAQ:SFIX) Shares Up 9% – What’s Next?

Stitch Fix, Inc. (NASDAQ:SFIX) shares rose 9% on Tuesday . The stock traded as high as $4.39 and last traded at $4.3050. Approximately 1,630,090 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 2,339,683 shares. The stock had previously closed at $3.95.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Sanford C. Bernstein reiterated a “market perform” rating and set a $6.00 price target on shares of Stitch Fix in a report on Thursday, September 25th. UBS Group reissued a “neutral” rating on shares of Stitch Fix in a research note on Wednesday, September 17th. Zacks Research raised shares of Stitch Fix from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $6.00 price target on shares of Stitch Fix in a research note on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Stitch Fix in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $6.00.

Stitch Fix Stock Performance

The company has a market capitalization of $567.29 million, a P/E ratio of -9.20 and a beta of 2.20. The company’s fifty day simple moving average is $4.42 and its 200-day simple moving average is $4.55.

Stitch Fix (NASDAQ:SFIX) last posted its quarterly earnings results on Wednesday, September 24th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.03. Stitch Fix had a negative net margin of 2.27% and a negative return on equity of 14.57%. The business had revenue of $311.23 million during the quarter, compared to analyst estimates of $307.15 million. During the same quarter in the previous year, the business posted ($0.30) EPS. The company’s quarterly revenue was down 2.6% compared to the same quarter last year. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, sell-side analysts predict that Stitch Fix, Inc. will post -0.44 EPS for the current year.

Insiders Place Their Bets

In other Stitch Fix news, insider Casey O’connor sold 50,000 shares of Stitch Fix stock in a transaction on Monday, October 20th. The shares were sold at an average price of $4.41, for a total value of $220,500.00. Following the transaction, the insider directly owned 431,441 shares of the company’s stock, valued at approximately $1,902,654.81. The trade was a 10.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Anthony Bacos sold 90,000 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $5.61, for a total transaction of $504,900.00. Following the completion of the transaction, the insider owned 799,966 shares in the company, valued at approximately $4,487,809.26. This trade represents a 10.11% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 16.09% of the company’s stock.

Hedge Funds Weigh In On Stitch Fix

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SFIX. Working Capital Advisors UK Ltd. lifted its stake in Stitch Fix by 15.9% in the third quarter. Working Capital Advisors UK Ltd. now owns 11,046,077 shares of the company’s stock worth $48,050,000 after acquiring an additional 1,512,475 shares during the last quarter. Fund 1 Investments LLC increased its holdings in Stitch Fix by 44.6% in the second quarter. Fund 1 Investments LLC now owns 9,943,821 shares of the company’s stock valued at $36,792,000 after buying an additional 3,064,901 shares during the last quarter. Vanguard Group Inc. raised its stake in Stitch Fix by 3.2% in the third quarter. Vanguard Group Inc. now owns 7,682,725 shares of the company’s stock valued at $33,420,000 after buying an additional 240,584 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Stitch Fix by 302.9% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,897,171 shares of the company’s stock worth $12,603,000 after buying an additional 2,178,156 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its holdings in shares of Stitch Fix by 6.9% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 2,635,207 shares of the company’s stock valued at $8,564,000 after acquiring an additional 170,344 shares during the last quarter. Hedge funds and other institutional investors own 71.04% of the company’s stock.

About Stitch Fix

Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.