Zumiez Inc. (NASDAQ:ZUMZ) Director Thomas D. Campion Sells 40,453 Shares

Zumiez Inc. (NASDAQ:ZUMZ) Director Thomas D. Campion sold 40,453 shares of Zumiez stock in a transaction that occurred on Monday, November 22nd. The shares were sold at an average price of $55.13, for a total transaction of $2,230,173.89. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

NASDAQ ZUMZ opened at $49.72 on Thursday. The firm’s fifty day simple moving average is $44.36 and its two-hundred day simple moving average is $44.02. Zumiez Inc. has a 12-month low of $34.77 and a 12-month high of $55.10. The firm has a market capitalization of $1.25 billion, a P/E ratio of 10.34 and a beta of 1.73.

Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings results on Wednesday, September 8th. The apparel and footwear maker reported $1.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.23. Zumiez had a net margin of 10.63% and a return on equity of 22.33%. The business had revenue of $268.67 million for the quarter, compared to analyst estimates of $280.51 million. During the same period in the previous year, the company earned $1.01 earnings per share. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, analysts forecast that Zumiez Inc. will post 4.71 EPS for the current year.

A number of equities analysts recently commented on ZUMZ shares. B. Riley reduced their price objective on shares of Zumiez from $65.00 to $56.00 and set a “buy” rating for the company in a research note on Monday, September 13th. Pivotal Research reduced their price objective on shares of Zumiez from $52.00 to $45.00 and set a “hold” rating for the company in a research note on Wednesday, September 8th. Zacks Investment Research downgraded shares of Zumiez from a “hold” rating to a “sell” rating and set a $56.00 price objective for the company. in a research note on Wednesday, November 10th. Robert W. Baird reduced their price objective on shares of Zumiez from $52.00 to $47.00 and set a “neutral” rating for the company in a research note on Friday, September 10th. Finally, Jefferies Financial Group downgraded shares of Zumiez from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $52.00 to $42.00 in a research note on Tuesday, September 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Zumiez currently has an average rating of “Hold” and an average target price of $46.83.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. grew its holdings in Zumiez by 0.6% in the third quarter. BlackRock Inc. now owns 3,618,536 shares of the apparel and footwear maker’s stock worth $143,873,000 after purchasing an additional 23,343 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Zumiez by 2.8% during the second quarter. Vanguard Group Inc. now owns 2,299,513 shares of the apparel and footwear maker’s stock valued at $112,653,000 after buying an additional 62,344 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Zumiez by 39.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,751,700 shares of the apparel and footwear maker’s stock valued at $69,648,000 after buying an additional 498,529 shares during the last quarter. State Street Corp grew its holdings in shares of Zumiez by 10.1% during the second quarter. State Street Corp now owns 910,975 shares of the apparel and footwear maker’s stock valued at $44,629,000 after buying an additional 83,942 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Zumiez by 4.5% during the second quarter. Thrivent Financial for Lutherans now owns 787,743 shares of the apparel and footwear maker’s stock valued at $38,592,000 after buying an additional 33,827 shares during the last quarter. 82.72% of the stock is currently owned by institutional investors and hedge funds.

About Zumiez

Zumiez, Inc engages in retailing of apparel, footwear, accessories, and hardgoods for young men and women. It offers hardgoods including skateboards, snowboards, bindings, components, and other equipment under the brand names Zumiez, Blue Tomato, and Fast Times brands. The company was founded by Thomas D.

Featured Story: Stock Market News Sentiment

Insider Buying and Selling by Quarter for Zumiez (NASDAQ:ZUMZ)

Receive News & Ratings for Zumiez Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zumiez and related companies with MarketBeat.com's FREE daily email newsletter.