20,227 Shares in Stitch Fix, Inc. (NASDAQ:SFIX) Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC bought a new position in Stitch Fix, Inc. (NASDAQ:SFIXGet Rating) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 20,227 shares of the company’s stock, valued at approximately $100,000.

A number of other hedge funds also recently bought and sold shares of the company. Prospera Financial Services Inc bought a new stake in Stitch Fix in the first quarter valued at approximately $74,000. Gladius Capital Management LP bought a new stake in Stitch Fix in the first quarter valued at approximately $76,000. Commonwealth Equity Services LLC bought a new stake in Stitch Fix in the first quarter valued at approximately $112,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Stitch Fix in the second quarter valued at approximately $114,000. Finally, Mengis Capital Management Inc. lifted its position in Stitch Fix by 62.5% in the second quarter. Mengis Capital Management Inc. now owns 27,704 shares of the company’s stock valued at $136,000 after purchasing an additional 10,657 shares during the last quarter. Institutional investors own 73.41% of the company’s stock.

Wall Street Analysts Forecast Growth

SFIX has been the subject of a number of recent analyst reports. MKM Partners decreased their target price on Stitch Fix from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Wednesday, September 21st. Stifel Nicolaus decreased their target price on Stitch Fix from $7.00 to $6.00 and set a “hold” rating for the company in a report on Wednesday, September 21st. Robert W. Baird decreased their target price on Stitch Fix from $7.00 to $5.50 in a report on Wednesday, September 21st. Truist Financial decreased their target price on Stitch Fix from $8.00 to $6.00 and set a “hold” rating for the company in a report on Wednesday, September 21st. Finally, Evercore ISI reduced their price target on Stitch Fix from $10.00 to $7.00 and set an “in-line” rating on the stock in a research note on Wednesday, September 21st. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Stitch Fix presently has a consensus rating of “Hold” and an average target price of $9.09.

Stitch Fix Stock Up 11.8 %

NASDAQ:SFIX opened at $4.66 on Monday. The stock has a market capitalization of $516.36 million, a price-to-earnings ratio of -2.44 and a beta of 1.91. Stitch Fix, Inc. has a 52 week low of $3.09 and a 52 week high of $34.82. The stock’s fifty day moving average is $4.19 and its two-hundred day moving average is $5.94.

Stitch Fix Profile

(Get Rating)

Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.

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Institutional Ownership by Quarter for Stitch Fix (NASDAQ:SFIX)

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