Allianz Asset Management GmbH Purchases Shares of 42,641 Zumiez Inc. $ZUMZ

Allianz Asset Management GmbH purchased a new stake in shares of Zumiez Inc. (NASDAQ:ZUMZFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 42,641 shares of the apparel and footwear maker’s stock, valued at approximately $565,000. Allianz Asset Management GmbH owned about 0.24% of Zumiez at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of ZUMZ. Paradigm Capital Management Inc. NY bought a new position in shares of Zumiez in the first quarter worth $1,980,000. Landscape Capital Management L.L.C. bought a new position in shares of Zumiez in the first quarter worth $1,746,000. Nuveen LLC bought a new position in shares of Zumiez in the first quarter worth $876,000. GSA Capital Partners LLP grew its position in Zumiez by 50.8% in the first quarter. GSA Capital Partners LLP now owns 139,889 shares of the apparel and footwear maker’s stock valued at $2,083,000 after acquiring an additional 47,105 shares during the last quarter. Finally, Trexquant Investment LP grew its position in Zumiez by 80.9% in the first quarter. Trexquant Investment LP now owns 75,454 shares of the apparel and footwear maker’s stock valued at $1,124,000 after acquiring an additional 33,734 shares during the last quarter. Institutional investors and hedge funds own 95.45% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ZUMZ shares. B. Riley lifted their target price on Zumiez from $14.00 to $18.00 and gave the company a “neutral” rating in a research report on Friday, September 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Zumiez in a report on Wednesday, October 8th. Wall Street Zen cut Zumiez from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Zacks Research raised Zumiez from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $18.00.

View Our Latest Report on Zumiez

Zumiez Stock Performance

NASDAQ ZUMZ opened at $22.50 on Tuesday. Zumiez Inc. has a fifty-two week low of $11.31 and a fifty-two week high of $24.37. The stock has a 50 day simple moving average of $19.62 and a two-hundred day simple moving average of $15.43. The stock has a market cap of $385.88 million, a P/E ratio of -2,247.75 and a beta of 1.04.

Zumiez (NASDAQ:ZUMZGet Free Report) last released its quarterly earnings data on Thursday, September 4th. The apparel and footwear maker reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.05. Zumiez had a return on equity of 0.19% and a net margin of 0.06%.The business had revenue of $214.28 million during the quarter, compared to analysts’ expectations of $210.53 million. During the same quarter last year, the business posted ($0.04) EPS. The business’s revenue was up 1.9% on a year-over-year basis. Zumiez has set its Q3 2025 guidance at 0.190-0.290 EPS. Sell-side analysts predict that Zumiez Inc. will post -0.12 earnings per share for the current year.

Insider Activity at Zumiez

In other news, Director Liliana Gil Valletta sold 3,655 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $21.30, for a total value of $77,851.50. Following the completion of the transaction, the director owned 7,154 shares in the company, valued at $152,380.20. This trade represents a 33.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Chris K. Visser sold 5,618 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $20.09, for a total value of $112,865.62. Following the completion of the transaction, the insider owned 44,303 shares of the company’s stock, valued at approximately $890,047.27. The trade was a 11.25% decrease in their position. The disclosure for this sale can be found here. Company insiders own 20.30% of the company’s stock.

Zumiez Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Zumiez (NASDAQ:ZUMZ)

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