XTX Topco Ltd purchased a new position in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 26,462 shares of the apparel and footwear maker's stock, valued at approximately $564,000. XTX Topco Ltd owned about 0.14% of Zumiez at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of ZUMZ. Signaturefd LLC raised its position in Zumiez by 83.2% in the 2nd quarter. Signaturefd LLC now owns 1,480 shares of the apparel and footwear maker's stock worth $29,000 after buying an additional 672 shares during the last quarter. SummerHaven Investment Management LLC grew its stake in shares of Zumiez by 1.9% in the second quarter. SummerHaven Investment Management LLC now owns 42,116 shares of the apparel and footwear maker's stock worth $820,000 after acquiring an additional 788 shares during the period. Quarry LP raised its holdings in shares of Zumiez by 315.1% during the third quarter. Quarry LP now owns 1,764 shares of the apparel and footwear maker's stock valued at $38,000 after purchasing an additional 1,339 shares during the last quarter. CWM LLC raised its holdings in shares of Zumiez by 69.6% during the third quarter. CWM LLC now owns 3,380 shares of the apparel and footwear maker's stock valued at $72,000 after purchasing an additional 1,387 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in Zumiez by 7.4% during the second quarter. Rhumbline Advisers now owns 27,550 shares of the apparel and footwear maker's stock valued at $537,000 after purchasing an additional 1,898 shares during the period. 95.45% of the stock is owned by institutional investors.
Separately, B. Riley lifted their target price on shares of Zumiez from $20.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday, September 6th.
View Our Latest Analysis on ZUMZ
In related news, Director Liliana Gil Valletta sold 3,283 shares of the stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $21.85, for a total value of $71,733.55. Following the completion of the sale, the director now directly owns 15,002 shares of the company's stock, valued at approximately $327,793.70. This represents a 17.95 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 20.30% of the stock is owned by insiders.
Zumiez stock opened at $19.76 on Friday. Zumiez Inc. has a 52-week low of $12.90 and a 52-week high of $31.37. The company has a market cap of $378.86 million, a P/E ratio of -7.69 and a beta of 1.25. The business has a 50-day simple moving average of $21.83 and a two-hundred day simple moving average of $22.27.
Zumiez (NASDAQ:ZUMZ - Get Free Report) last announced its earnings results on Thursday, December 5th. The apparel and footwear maker reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.04. The business had revenue of $222.50 million during the quarter, compared to analysts' expectations of $222.06 million. Zumiez had a negative net margin of 5.60% and a negative return on equity of 2.67%. The firm's revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the company earned ($0.12) earnings per share. Research analysts anticipate that Zumiez Inc. will post 0.01 EPS for the current fiscal year.
Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.
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