Rhumbline Advisers Sells 1,896 Shares of Zumiez Inc. $ZUMZ

Rhumbline Advisers reduced its stake in Zumiez Inc. (NASDAQ:ZUMZ) by 6.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,635 shares of the apparel and footwear maker’s stock after selling 1,896 shares during the quarter. Rhumbline Advisers owned about 0.13% of Zumiez worth $382,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in Zumiez by 6,451.4% in the 1st quarter. GAMMA Investing LLC now owns 2,293 shares of the apparel and footwear maker’s stock worth $34,000 after acquiring an additional 2,258 shares during the last quarter. Magnetar Financial LLC bought a new stake in shares of Zumiez during the 1st quarter valued at $173,000. Caxton Associates LLP bought a new stake in shares of Zumiez during the 1st quarter valued at $176,000. Deutsche Bank AG boosted its holdings in Zumiez by 54.7% in the 4th quarter. Deutsche Bank AG now owns 18,411 shares of the apparel and footwear maker’s stock worth $353,000 after buying an additional 6,511 shares during the period. Finally, Strs Ohio bought a new position in Zumiez in the 1st quarter worth $375,000. 95.45% of the stock is owned by institutional investors.

Zumiez Stock Performance

NASDAQ ZUMZ opened at $20.04 on Thursday. The company has a market cap of $343.69 million, a PE ratio of -2,002.00 and a beta of 0.96. Zumiez Inc. has a 52-week low of $11.31 and a 52-week high of $24.37. The firm’s 50 day moving average price is $16.86 and its 200-day moving average price is $14.38.

Zumiez (NASDAQ:ZUMZ) last announced its earnings results on Thursday, September 4th. The apparel and footwear maker reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.05. The company had revenue of $214.28 million during the quarter, compared to the consensus estimate of $210.53 million. Zumiez had a net margin of 0.06% and a return on equity of 0.19%. Zumiez’s revenue was up 1.9% compared to the same quarter last year. During the same period last year, the firm earned ($0.04) earnings per share. Zumiez has set its Q3 2025 guidance at 0.190-0.290 EPS. On average, analysts forecast that Zumiez Inc. will post -0.12 earnings per share for the current fiscal year.

Zumiez declared that its Board of Directors has initiated a stock buyback program on Thursday, June 5th that allows the company to buyback $15.00 million in shares. This buyback authorization allows the apparel and footwear maker to reacquire up to 6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at Zumiez

In other news, insider Chris K. Visser sold 5,618 shares of Zumiez stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $20.09, for a total transaction of $112,865.62. Following the completion of the sale, the insider directly owned 44,303 shares in the company, valued at approximately $890,047.27. The trade was a 11.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Liliana Gil Valletta sold 3,655 shares of Zumiez stock in a transaction on Monday, September 8th. The stock was sold at an average price of $21.30, for a total transaction of $77,851.50. Following the sale, the director owned 7,154 shares of the company’s stock, valued at $152,380.20. The trade was a 33.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 21.20% of the company’s stock.

Wall Street Analysts Forecast Growth

ZUMZ has been the subject of several research reports. Zacks Research raised shares of Zumiez from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 3rd. B. Riley increased their price objective on shares of Zumiez from $14.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, September 5th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $18.00.

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.