Texas Permanent School Fund Has $239,000 Stock Position in Zumiez Inc. (NASDAQ:ZUMZ)

Texas Permanent School Fund lowered its stake in shares of Zumiez Inc. (NASDAQ:ZUMZGet Rating) by 9.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,112 shares of the apparel and footwear maker’s stock after selling 1,182 shares during the quarter. Texas Permanent School Fund owned about 0.06% of Zumiez worth $239,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Massachusetts Financial Services Co. MA increased its position in Zumiez by 2.5% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,313,550 shares of the apparel and footwear maker’s stock worth $34,152,000 after acquiring an additional 32,658 shares during the period. Thrivent Financial for Lutherans increased its position in Zumiez by 22.2% during the second quarter. Thrivent Financial for Lutherans now owns 950,880 shares of the apparel and footwear maker’s stock worth $24,723,000 after acquiring an additional 172,974 shares during the period. Fort Washington Investment Advisors Inc. OH increased its position in Zumiez by 1.3% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 368,666 shares of the apparel and footwear maker’s stock worth $9,585,000 after acquiring an additional 4,890 shares during the period. Renaissance Technologies LLC increased its position in Zumiez by 134.9% during the second quarter. Renaissance Technologies LLC now owns 302,008 shares of the apparel and footwear maker’s stock worth $7,852,000 after acquiring an additional 173,415 shares during the period. Finally, Northern Trust Corp increased its position in Zumiez by 7.0% during the second quarter. Northern Trust Corp now owns 285,120 shares of the apparel and footwear maker’s stock worth $7,413,000 after acquiring an additional 18,639 shares during the period. Institutional investors own 84.77% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Zumiez in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Four equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Zumiez currently has an average rating of “Hold” and an average price target of $25.00.

Zumiez Price Performance

Shares of Zumiez stock opened at $24.40 on Tuesday. The firm has a market capitalization of $475.58 million, a PE ratio of 11.09 and a beta of 1.43. The company’s fifty day moving average price is $22.67 and its two-hundred day moving average price is $24.10. Zumiez Inc. has a 52-week low of $18.86 and a 52-week high of $47.51.

Zumiez Company Profile

(Get Rating)

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 November 26, 2022, the company operated 763 stores, including 615 stores in the United States, 52 stores in Canada, 75 stores in Europe, and 21 stores in Australia under the names of Zumiez, Blue Tomato, and Fast Times.

Further Reading

Institutional Ownership by Quarter for Zumiez (NASDAQ:ZUMZ)

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