Zumiez Inc. $ZUMZ Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. lowered its position in Zumiez Inc. (NASDAQ:ZUMZ) by 4.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,982 shares of the apparel and footwear maker’s stock after selling 889 shares during the period. Russell Investments Group Ltd. owned approximately 0.11% of Zumiez worth $312,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in Zumiez by 2.5% in the first quarter. Bank of New York Mellon Corp now owns 51,383 shares of the apparel and footwear maker’s stock valued at $765,000 after buying an additional 1,257 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Zumiez in the fourth quarter valued at approximately $29,000. Wells Fargo & Company MN boosted its position in Zumiez by 20.6% in the fourth quarter. Wells Fargo & Company MN now owns 9,093 shares of the apparel and footwear maker’s stock valued at $174,000 after buying an additional 1,555 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Zumiez by 0.4% in the fourth quarter. Ameriprise Financial Inc. now owns 375,422 shares of the apparel and footwear maker’s stock valued at $7,197,000 after buying an additional 1,600 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Zumiez by 6,451.4% in the first quarter. GAMMA Investing LLC now owns 2,293 shares of the apparel and footwear maker’s stock valued at $34,000 after buying an additional 2,258 shares during the last quarter. Hedge funds and other institutional investors own 95.45% of the company’s stock.

Zumiez Stock Down 2.1%

Shares of NASDAQ ZUMZ opened at $17.19 on Tuesday. The business’s 50 day moving average price is $14.65 and its 200 day moving average price is $13.70. The firm has a market cap of $305.47 million, a P/E ratio of 1,720.72 and a beta of 0.96. Zumiez Inc. has a 52 week low of $11.31 and a 52 week high of $31.37.

Zumiez (NASDAQ:ZUMZ) last issued its earnings results on Thursday, June 5th. The apparel and footwear maker reported ($0.79) EPS for the quarter, missing analysts’ consensus estimates of ($0.77) by ($0.02). The firm had revenue of $184.34 million during the quarter, compared to analysts’ expectations of $182.23 million. Zumiez had a net margin of 0.08% and a return on equity of 0.23%. Zumiez’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.86) EPS. Zumiez has set its Q2 2025 guidance at -0.240–0.090 EPS. As a group, research analysts expect that Zumiez Inc. will post -0.12 earnings per share for the current year.

Zumiez announced that its board has approved a stock buyback program on Thursday, June 5th that authorizes the company to repurchase $15.00 million in outstanding shares. This repurchase authorization authorizes the apparel and footwear maker to reacquire up to 6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other Zumiez news, Director Liliana Gil Valletta sold 6,600 shares of the company’s stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $12.82, for a total value of $84,612.00. Following the sale, the director owned 10,809 shares in the company, valued at approximately $138,571.38. This represents a 37.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 20.30% of the company’s stock.

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.