Tieton Capital Management LLC Acquires 47,435 Shares of Zumiez Inc. (NASDAQ:ZUMZ)

Tieton Capital Management LLC increased its stake in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 22.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 256,505 shares of the apparel and footwear maker's stock after purchasing an additional 47,435 shares during the quarter. Zumiez makes up 2.0% of Tieton Capital Management LLC's investment portfolio, making the stock its 25th largest holding. Tieton Capital Management LLC owned about 1.34% of Zumiez worth $4,917,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC increased its position in shares of Zumiez by 225.4% in the third quarter. Jane Street Group LLC now owns 151,424 shares of the apparel and footwear maker's stock worth $3,225,000 after acquiring an additional 104,892 shares in the last quarter. State Street Corp boosted its stake in Zumiez by 37.0% in the 3rd quarter. State Street Corp now owns 477,152 shares of the apparel and footwear maker's stock worth $10,163,000 after purchasing an additional 128,774 shares during the period. JPMorgan Chase & Co. grew its position in Zumiez by 215.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 95,485 shares of the apparel and footwear maker's stock worth $2,034,000 after purchasing an additional 65,182 shares in the last quarter. Maverick Capital Ltd. acquired a new stake in Zumiez during the 3rd quarter valued at $1,692,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Zumiez in the third quarter valued at $893,000. Institutional investors and hedge funds own 95.45% of the company's stock.

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Zumiez Stock Down 6.0 %

Shares of Zumiez stock traded down $0.92 during midday trading on Friday, hitting $14.37. The company's stock had a trading volume of 409,407 shares, compared to its average volume of 289,436. The firm has a market capitalization of $275.31 million, a P/E ratio of -5.59 and a beta of 1.23. Zumiez Inc. has a 1-year low of $12.67 and a 1-year high of $31.37. The stock has a 50-day simple moving average of $14.98 and a 200-day simple moving average of $18.94.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last announced 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 business had revenue of $279.16 million for the quarter, compared to analyst estimates of $276.47 million. Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The company's revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.40 earnings per share. As a group, sell-side analysts predict that Zumiez Inc. will post -0.12 earnings per share for the current year.

About Zumiez

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.