Barclays PLC Acquires 16,934 Shares of Zumiez Inc. (NASDAQ:ZUMZ)

Barclays PLC increased its holdings in shares of Zumiez Inc. (NASDAQ:ZUMZFree Report) by 55.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 47,387 shares of the apparel and footwear maker’s stock after acquiring an additional 16,934 shares during the quarter. Barclays PLC owned approximately 0.25% of Zumiez worth $1,010,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Quarry LP raised its stake in shares of Zumiez by 315.1% during the 3rd quarter. Quarry LP now owns 1,764 shares of the apparel and footwear maker’s stock worth $38,000 after purchasing an additional 1,339 shares during the period. ProShare Advisors LLC purchased a new stake in Zumiez during the second quarter worth about $42,000. Ariadne Wealth Management LP bought a new stake in Zumiez in the second quarter worth about $54,000. CWM LLC boosted its stake in Zumiez by 69.6% in the third quarter. CWM LLC now owns 3,380 shares of the apparel and footwear maker’s stock valued at $72,000 after acquiring an additional 1,387 shares during the last quarter. Finally, Point72 DIFC Ltd bought a new position in shares of Zumiez during the 3rd quarter valued at approximately $110,000. Hedge funds and other institutional investors own 95.45% of the company’s stock.

Zumiez Trading Down 8.1 %

NASDAQ:ZUMZ opened at $15.51 on Wednesday. Zumiez Inc. has a 12 month low of $12.90 and a 12 month high of $31.37. The firm’s 50 day moving average is $20.74 and its 200 day moving average is $22.35. The stock has a market capitalization of $297.37 million, a PE ratio of -6.03 and a beta of 1.26.

Zumiez (NASDAQ:ZUMZGet Free Report) last issued its earnings results on Thursday, December 5th. The apparel and footwear maker reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.04. The firm had revenue of $222.50 million for the quarter, compared to analyst estimates of $222.06 million. Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The business’s revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the company posted ($0.12) earnings per share. Research analysts predict that Zumiez Inc. will post 0.01 earnings per share for the current year.

Zumiez Company 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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