Zumiez Inc. (NASDAQ:ZUMZ) Shares Purchased by Tieton Capital Management LLC

Tieton Capital Management LLC boosted its stake in Zumiez Inc. (NASDAQ:ZUMZ) by 22.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 256,505 shares of the apparel and footwear maker’s stock after acquiring an additional 47,435 shares during the period. Zumiez accounts for 2.0% of Tieton Capital Management LLC’s portfolio, making the stock its 25th largest position. Tieton Capital Management LLC’s holdings in Zumiez were worth $4,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Zumiez by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 1,046,487 shares of the apparel and footwear maker’s stock valued at $20,061,000 after acquiring an additional 10,953 shares in the last quarter. Victory Capital Management Inc. increased its stake in Zumiez by 26.7% during the fourth quarter. Victory Capital Management Inc. now owns 34,827 shares of the apparel and footwear maker’s stock valued at $668,000 after purchasing an additional 7,336 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Zumiez by 215.1% during the third quarter. JPMorgan Chase & Co. now owns 95,485 shares of the apparel and footwear maker’s stock valued at $2,034,000 after purchasing an additional 65,182 shares during the last quarter. Franklin Resources Inc. bought a new stake in Zumiez during the third quarter valued at $236,000. Finally, Virtu Financial LLC bought a new stake in Zumiez during the third quarter valued at $423,000. 95.45% of the stock is owned by institutional investors and hedge funds.

Zumiez Price Performance

ZUMZ stock opened at $14.40 on Monday. Zumiez Inc. has a 1-year low of $12.67 and a 1-year high of $31.37. The firm has a fifty day moving average price of $15.07 and a two-hundred day moving average price of $19.21. The firm has a market cap of $275.89 million, a price-to-earnings ratio of -5.60 and a beta of 1.23.

Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings results on Thursday, March 13th. The apparel and footwear maker reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.01). The firm had revenue of $279.16 million for the quarter, compared to the consensus estimate of $276.47 million. Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The firm’s revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 EPS. As a group, analysts expect that Zumiez Inc. will post -0.12 EPS for the current fiscal year.

About Zumiez

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.