Zumiez Inc. (NASDAQ:ZUMZ) Shares Sold by Royce & Associates LP

Royce & Associates LP cut its holdings in shares of Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 15.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 150,837 shares of the apparel and footwear maker's stock after selling 27,163 shares during the quarter. Royce & Associates LP owned about 0.79% of Zumiez worth $2,892,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of ZUMZ. Quest Partners LLC purchased a new position in shares of Zumiez in the 3rd quarter worth about $847,000. Meeder Asset Management Inc. raised its holdings in shares of Zumiez by 362.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 5,659 shares of the apparel and footwear maker's stock worth $121,000 after purchasing an additional 4,436 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Zumiez by 190.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 32,845 shares of the apparel and footwear maker's stock worth $700,000 after purchasing an additional 21,539 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Zumiez in the 3rd quarter worth about $893,000. Finally, BNP Paribas Financial Markets raised its holdings in shares of Zumiez by 1,795.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 56,529 shares of the apparel and footwear maker's stock worth $1,204,000 after purchasing an additional 53,546 shares during the period. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

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Zumiez Trading Down 5.0 %

Shares of Zumiez stock traded down $0.76 during trading hours on Friday, reaching $14.40. The stock had a trading volume of 1,237,157 shares, compared to its average volume of 282,832. The firm has a 50 day simple moving average of $15.07 and a two-hundred day simple moving average of $19.26. The firm has a market capitalization of $275.89 million, a price-to-earnings ratio of -5.60 and a beta of 1.23. Zumiez Inc. has a 1 year low of $12.67 and a 1 year high of $31.37.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The apparel and footwear maker reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The firm had revenue of $279.16 million during the quarter, compared to analysts' expectations of $276.47 million. Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The business's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 earnings per share. Sell-side analysts forecast that Zumiez Inc. will post -0.12 EPS for the current year.

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.