First Eagle Investment Management LLC decreased its position in shares of Zumiez Inc. (NASDAQ:ZUMZ – Free Report) by 4.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 298,673 shares of the apparel and footwear maker’s stock after selling 14,500 shares during the quarter. First Eagle Investment Management LLC owned approximately 1.56% of Zumiez worth $5,726,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Quarry LP boosted its holdings 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 valued at $38,000 after acquiring an additional 1,339 shares in the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Zumiez during the 3rd quarter valued at $110,000. US Bancorp DE boosted its holdings in shares of Zumiez by 67,262.5% during the 3rd quarter. US Bancorp DE now owns 5,389 shares of the apparel and footwear maker’s stock valued at $115,000 after acquiring an additional 5,381 shares in the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of Zumiez by 362.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 5,659 shares of the apparel and footwear maker’s stock valued at $121,000 after acquiring an additional 4,436 shares in the last quarter. Finally, Franklin Resources Inc. acquired a new stake in shares of Zumiez during the 3rd quarter valued at $236,000. Institutional investors and hedge funds own 95.45% of the company’s stock.
Zumiez Stock Up 8.1 %
NASDAQ ZUMZ opened at $13.82 on Friday. The company has a market cap of $264.97 million, a price-to-earnings ratio of -5.38 and a beta of 1.23. Zumiez Inc. has a twelve month low of $12.67 and a twelve month high of $31.37. The business’s fifty day moving average is $15.48 and its 200 day moving average is $19.71.
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.
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