Wealth Enhancement Advisory Services LLC Sells 7,496 Shares of Stitch Fix, Inc. $SFIX

Wealth Enhancement Advisory Services LLC trimmed its holdings in Stitch Fix, Inc. (NASDAQ:SFIX) by 33.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,918 shares of the company’s stock after selling 7,496 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Stitch Fix were worth $60,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Strs Ohio bought a new stake in shares of Stitch Fix in the first quarter valued at approximately $311,000. Acadian Asset Management LLC boosted its position in shares of Stitch Fix by 533.5% in the first quarter. Acadian Asset Management LLC now owns 369,069 shares of the company’s stock valued at $1,198,000 after acquiring an additional 310,810 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Stitch Fix by 7.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,270 shares of the company’s stock valued at $199,000 after purchasing an additional 3,993 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in shares of Stitch Fix by 6.9% in the first quarter. Jacobs Levy Equity Management Inc. now owns 2,635,207 shares of the company’s stock valued at $8,564,000 after purchasing an additional 170,344 shares in the last quarter. Finally, AlTi Global Inc. raised its stake in shares of Stitch Fix by 74.3% in the first quarter. AlTi Global Inc. now owns 51,506 shares of the company’s stock valued at $167,000 after purchasing an additional 21,954 shares in the last quarter. 71.04% of the stock is owned by institutional investors.

Stitch Fix Stock Performance

Shares of NASDAQ:SFIX opened at $4.03 on Monday. Stitch Fix, Inc. has a twelve month low of $2.60 and a twelve month high of $6.99. The firm has a market cap of $540.46 million, a PE ratio of -8.76 and a beta of 2.08. The business has a fifty day moving average of $5.03 and a 200-day moving average of $4.30.

Stitch Fix (NASDAQ:SFIX) last announced its earnings results on Wednesday, September 24th. The company reported ($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.03. Stitch Fix had a negative return on equity of 14.57% and a negative net margin of 2.27%.The company had revenue of $311.23 million during the quarter, compared to analyst estimates of $307.15 million. During the same period last year, the company posted ($0.30) earnings per share. The firm’s quarterly revenue was down 2.6% compared to the same quarter last year. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, analysts anticipate that Stitch Fix, Inc. will post -0.44 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Katrina Lake sold 151,150 shares of Stitch Fix stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $5.03, for a total value of $760,284.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Anthony Bacos sold 90,000 shares of Stitch Fix stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $5.61, for a total value of $504,900.00. Following the completion of the sale, the insider owned 799,966 shares of the company’s stock, valued at approximately $4,487,809.26. The trade was a 10.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,047,536 shares of company stock valued at $5,350,202. 16.95% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Sanford C. Bernstein restated a “market perform” rating and issued a $6.00 target price on shares of Stitch Fix in a research note on Thursday, September 25th. Telsey Advisory Group restated a “market perform” rating and issued a $6.00 target price on shares of Stitch Fix in a research note on Thursday, September 25th. William Blair upgraded Stitch Fix from a “market perform” rating to an “outperform” rating in a research note on Monday, July 14th. Zacks Research raised Stitch Fix to a “hold” rating in a report on Monday, August 11th. Finally, Wall Street Zen cut Stitch Fix from a “buy” rating to a “hold” rating in a report on Sunday, June 22nd. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Stitch Fix presently has a consensus rating of “Hold” and an average target price of $6.00.

Stitch Fix Profile

Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.