OxFORD Asset Management LLP acquired a new position in Zumiez Inc. (NASDAQ:ZUMZ) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,152 shares of the apparel and footwear maker’s stock, valued at approximately $432,000. OxFORD Asset Management LLP owned approximately 0.10% of Zumiez at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of ZUMZ. Bank of Montreal Can boosted its holdings in shares of Zumiez by 1,187.6% during the 2nd quarter. Bank of Montreal Can now owns 14,177 shares of the apparel and footwear maker’s stock valued at $175,000 after purchasing an additional 13,076 shares during the last quarter. Texas Permanent School Fund lifted its holdings in shares of Zumiez by 2.1% in the 2nd quarter. Texas Permanent School Fund now owns 12,877 shares of the apparel and footwear maker’s stock valued at $159,000 after acquiring an additional 260 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Zumiez by 15.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 174,644 shares of the apparel and footwear maker’s stock valued at $2,157,000 after acquiring an additional 23,634 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Zumiez by 502.7% in the 2nd quarter. SG Americas Securities LLC now owns 37,660 shares of the apparel and footwear maker’s stock valued at $465,000 after acquiring an additional 31,411 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Zumiez by 9.1% in the 2nd quarter. Legal & General Group Plc now owns 31,374 shares of the apparel and footwear maker’s stock valued at $387,000 after acquiring an additional 2,607 shares during the last quarter. Hedge funds and other institutional investors own 74.58% of the company’s stock.
In other Zumiez news, Director Scott Andrew Bailey sold 7,843 shares of Zumiez stock in a transaction on Monday, December 4th. The shares were sold at an average price of $20.75, for a total value of $162,742.25. Following the completion of the transaction, the director now owns 9,908 shares of the company’s stock, valued at $205,591. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 27.50% of the stock is currently owned by insiders.
Shares of Zumiez Inc. (NASDAQ ZUMZ) opened at $22.90 on Friday. The company has a market cap of $560.54, a price-to-earnings ratio of 22.67, a PEG ratio of 1.06 and a beta of 1.39. Zumiez Inc. has a one year low of $11.43 and a one year high of $24.44.
Zumiez (NASDAQ:ZUMZ) last posted its earnings results on Thursday, November 30th. The apparel and footwear maker reported $0.48 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.48. The company had revenue of $245.80 million during the quarter, compared to the consensus estimate of $244.50 million. Zumiez had a net margin of 2.84% and a return on equity of 7.99%. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.43 earnings per share. research analysts expect that Zumiez Inc. will post 1.18 EPS for the current fiscal year.
A number of research analysts recently commented on ZUMZ shares. B. Riley set a $23.00 price target on shares of Zumiez and gave the company a “buy” rating in a report on Friday, December 1st. Jefferies Group set a $22.00 price objective on shares of Zumiez and gave the stock a “hold” rating in a research note on Thursday, January 4th. Zacks Investment Research downgraded shares of Zumiez from a “buy” rating to a “hold” rating and set a $22.00 price objective for the company. in a research note on Saturday, January 6th. William Blair reissued a “buy” rating on shares of Zumiez in a research note on Thursday, January 4th. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $17.00 target price on shares of Zumiez in a research report on Tuesday, October 3rd. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Zumiez has a consensus rating of “Hold” and an average target price of $20.50.
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Zumiez Inc, including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times.
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