Zumiez Inc. (NASDAQ:ZUMZ) Director Scott Andrew Bailey sold 5,986 shares of the business’s stock in a transaction 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 transaction, the director now owns 3,189 shares of the company’s stock, valued at $82,722.66. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

NASDAQ ZUMZ opened at $26.58 on Friday. Zumiez Inc. has a 52-week low of $17.57 and a 52-week high of $32.70. The firm has a market cap of $678.35 million, a PE ratio of 14.85, a P/E/G 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 (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $305.55 million. During the same period in the previous year, the firm posted $0.82 EPS. The firm’s revenue was down 1.2% compared to the same quarter last year. On average, research analysts predict that Zumiez Inc. will post 1.85 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of ZUMZ. Massachusetts Financial Services Co. MA lifted its holdings in shares of Zumiez by 62.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 769,112 shares of the apparel and footwear maker’s stock worth $14,744,000 after acquiring an additional 294,548 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Zumiez by 185.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 397,856 shares of the apparel and footwear maker’s stock worth $10,484,000 after acquiring an additional 258,363 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Zumiez by 53.3% during the 3rd quarter. Renaissance Technologies LLC now owns 714,400 shares of the apparel and footwear maker’s stock worth $18,824,000 after acquiring an additional 248,500 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Zumiez by 100.2% during the 3rd quarter. AQR Capital Management LLC now owns 471,511 shares of the apparel and footwear maker’s stock worth $12,425,000 after acquiring an additional 236,007 shares during the last quarter. Finally, Vanguard Group Inc lifted its holdings in shares of Zumiez by 9.9% during the 3rd quarter. Vanguard Group Inc now owns 2,199,058 shares of the apparel and footwear maker’s stock worth $57,945,000 after acquiring an additional 197,221 shares during the last quarter. 79.90% of the stock is owned by institutional investors.

A number of research analysts have recently commented on ZUMZ shares. Pivotal Research lowered shares of Zumiez from a “buy” rating to a “hold” rating and reduced their price target for the company from $28.00 to $26.00 in a research report on Monday, March 11th. Zacks Investment Research lowered shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Wednesday, December 26th. ValuEngine upgraded shares of Zumiez from a “sell” rating to a “hold” rating in a research report on Thursday, January 10th. Finally, BidaskClub upgraded shares of Zumiez from a “strong sell” rating to a “sell” rating in a research report on Thursday, December 27th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Zumiez has a consensus rating of “Hold” and an average price target of $25.17.

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About Zumiez

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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