Is Zumiez Inc (NASDAQ:ZUMZ) a Buy? The Stock Reported more Sellers

June 16, 2018 - By Ann Prendergast

Zumiez Inc. (NASDAQ:ZUMZ) Logo

Investors sentiment increased to 1.38 in 2018 Q1. Its up 0.20, from 1.18 in 2017Q4. It is positive, as 14 investors sold Zumiez Inc. shares while 41 reduced holdings. 34 funds opened positions while 42 raised stakes. 17.59 million shares or 2.03% more from 17.24 million shares in 2017Q4 were reported.
Arizona State Retirement System invested in 0.01% or 28,732 shares. Alliancebernstein L P has 0% invested in Zumiez Inc. (NASDAQ:ZUMZ). State Of Alaska Department Of Revenue reported 5,867 shares. Tci Wealth Advsrs holds 36 shares. Pnc Services Grp Incorporated has 0% invested in Zumiez Inc. (NASDAQ:ZUMZ). Chilton Inv Ltd Liability Corporation holds 0.13% of its portfolio in Zumiez Inc. (NASDAQ:ZUMZ) for 142,811 shares. Ameriprise Financial has 111,668 shares for 0% of their portfolio. Millennium Ltd Limited Liability Company reported 404,602 shares. Jpmorgan Chase And, New York-based fund reported 118,230 shares. Comerica Comml Bank invested 0% in Zumiez Inc. (NASDAQ:ZUMZ). Numerixs Invest Technologies invested in 0.06% or 9,600 shares. Swiss Bancorporation holds 0% or 33,300 shares. Teachers Retirement Sys Of The State Of Kentucky invested in 8,800 shares. Tyvor Capital Limited Liability Com accumulated 0.15% or 32,554 shares. X Mngmt has invested 0% in Zumiez Inc. (NASDAQ:ZUMZ).

Since April 5, 2018, it had 0 buys, and 4 sales for $18.86 million activity. $13.85M worth of Zumiez Inc. (NASDAQ:ZUMZ) was sold by Brooks Richard Miles on Wednesday, June 6.

The stock of Zumiez Inc (NASDAQ:ZUMZ) registered an increase of 17.54% in short interest. ZUMZ’s total short interest was 2.71 million shares in June as published by FINRA. Its up 17.54% from 2.30M shares, reported previously. With 328,300 shares average volume, it will take short sellers 8 days to cover their ZUMZ’s short positions. The short interest to Zumiez Inc’s float is 15.93%.

The stock increased 0.19% or $0.05 during the last trading session, reaching $25.8. About 381,248 shares traded. Zumiez Inc. (NASDAQ:ZUMZ) has risen 73.88% since June 16, 2017 and is uptrending. It has outperformed by 61.31% the S&P500.

Zumiez Inc. operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company has market cap of $657.12 million. The Company’s hardgoods include skateboards, snowboards, bindings, components, and other equipment. It has a 23.89 P/E ratio. As of January 28, 2017, the firm operated 685 stores, including 603 in the United States, 48 in Canada, 29 in Europe, and 5 in Australia under the names of Zumiez, Blue Tomato, and Fast Times.

Zumiez Inc. (NASDAQ:ZUMZ) Ratings Coverage

Among 5 analysts covering Zumiez Inc (NASDAQ:ZUMZ), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Zumiez Inc had 8 analyst reports since January 4, 2018 according to SRatingsIntel. As per Wednesday, April 11, the company rating was maintained by Robert W. Baird. The stock of Zumiez Inc. (NASDAQ:ZUMZ) earned “Buy” rating by FBR Capital on Friday, March 16. The stock of Zumiez Inc. (NASDAQ:ZUMZ) earned “Hold” rating by Robert W. Baird on Friday, March 16. The stock has “Hold” rating by Jefferies on Thursday, January 4. The firm earned “Buy” rating on Friday, June 8 by FBR Capital. The firm has “Buy” rating by FBR Capital given on Thursday, January 4.

More recent Zumiez Inc. (NASDAQ:ZUMZ) news were published by: Streetinsider.com which released: “After-Hours Stock Movers 06/07: (ZUMZ) (DOCU) (SFIX) Higher; (MVIS) (ITI) (ADMA) Lower (more…)” on June 07, 2018. Also Seekingalpha.com published the news titled: “Zumiez: Room For More Upside” on June 13, 2018. Nasdaq.com‘s news article titled: “Mid-Morning Market Update: Markets Edge Lower; Zumiez Beats Q1 Views” with publication date: June 08, 2018 was also an interesting one.

Zumiez Inc. (NASDAQ:ZUMZ) Institutional Positions Chart

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