19,876 Shares in Zumiez Inc. (NASDAQ:ZUMZ) Bought by Virtu Financial LLC

Virtu Financial LLC acquired a new position in shares of Zumiez Inc. (NASDAQ:ZUMZ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,876 shares of the apparel and footwear maker’s stock, valued at approximately $423,000.

Other large investors have also recently bought and sold shares of the company. State Street Corp boosted its position in shares of Zumiez by 37.0% during the 3rd quarter. State Street Corp now owns 477,152 shares of the apparel and footwear maker’s stock worth $10,163,000 after acquiring an additional 128,774 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Zumiez by 42.0% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 416,274 shares of the apparel and footwear maker’s stock valued at $8,867,000 after purchasing an additional 123,047 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Zumiez by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 388,589 shares of the apparel and footwear maker’s stock valued at $8,279,000 after purchasing an additional 1,195 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of Zumiez by 225.2% during the 2nd quarter. Acadian Asset Management LLC now owns 213,722 shares of the apparel and footwear maker’s stock worth $4,161,000 after buying an additional 147,996 shares in the last quarter. Finally, Tieton Capital Management LLC lifted its position in shares of Zumiez by 1.6% during the 2nd quarter. Tieton Capital Management LLC now owns 209,640 shares of the apparel and footwear maker’s stock worth $4,084,000 after buying an additional 3,240 shares during the last quarter. 95.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, B. Riley boosted their target price on Zumiez from $20.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, September 6th.

Insider Transactions at Zumiez

In other news, Director Liliana Gil Valletta sold 3,283 shares of Zumiez stock in a transaction on Friday, September 27th. The shares were sold at an average price of $21.85, for a total transaction of $71,733.55. Following the transaction, the director now owns 15,002 shares in the company, valued at approximately $327,793.70. The trade was a 17.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 20.30% of the company’s stock.

Zumiez Price Performance

Shares of Zumiez stock opened at $19.76 on Monday. The company’s 50 day moving average price is $21.83 and its two-hundred day moving average price is $22.32. The firm has a market capitalization of $378.80 million, a P/E ratio of -7.69 and a beta of 1.25. Zumiez Inc. has a fifty-two week low of $12.90 and a fifty-two week high of $31.37.

Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings data on Thursday, December 5th. The apparel and footwear maker reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The company had revenue of $222.50 million for the quarter, compared to the consensus estimate of $222.06 million. During the same quarter last year, the business posted ($0.12) EPS. Zumiez’s revenue for the quarter was up 2.9% on a year-over-year basis. On average, analysts expect that Zumiez Inc. will post 0.01 earnings per share for the current year.

Zumiez Profile

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.