Zumiez Inc. (NASDAQ:ZUMZ) Sees Large Decrease in Short Interest

Zumiez Inc. (NASDAQ:ZUMZ) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 1,365,426 shares, a drop of 15.2% from the March 15th total of 1,610,184 shares. Currently, 10.2% of the company’s shares are short sold. Based on an average daily volume of 177,670 shares, the days-to-cover ratio is currently 7.7 days.

Insider Activity

In related news, insider Chris K. Visser sold 9,974 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $22.21, for a total value of $221,522.54. Following the sale, the insider directly owned 43,500 shares of the company’s stock, valued at $966,135. This trade represents a 18.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 21.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Zumiez

Hedge funds have recently added to or reduced their stakes in the company. Paradigm Capital Management Inc. NY raised its stake in Zumiez by 478.0% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 768,691 shares of the apparel and footwear maker’s stock valued at $10,193,000 after buying an additional 635,691 shares during the last quarter. Hillsdale Investment Management Inc. purchased a new stake in Zumiez during the 4th quarter valued at $7,435,000. Towle & Co. raised its stake in Zumiez by 76.8% during the 3rd quarter. Towle & Co. now owns 412,501 shares of the apparel and footwear maker’s stock valued at $8,089,000 after buying an additional 179,163 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Zumiez by 45.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 562,252 shares of the apparel and footwear maker’s stock valued at $7,455,000 after buying an additional 176,835 shares during the last quarter. Finally, Bridgeway Capital Management LLC raised its stake in Zumiez by 190.7% during the 2nd quarter. Bridgeway Capital Management LLC now owns 240,220 shares of the apparel and footwear maker’s stock valued at $3,185,000 after buying an additional 157,581 shares during the last quarter. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

Zumiez Stock Performance

Zumiez stock opened at $24.97 on Friday. The stock’s 50 day simple moving average is $23.70 and its two-hundred day simple moving average is $24.20. The stock has a market cap of $423.74 million, a price-to-earnings ratio of 29.03 and a beta of 0.95. Zumiez has a fifty-two week low of $11.31 and a fifty-two week high of $31.70.

Zumiez (NASDAQ:ZUMZ) last posted its quarterly earnings data on Thursday, March 12th. The apparel and footwear maker reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.08. Zumiez had a return on equity of 3.91% and a net margin of 1.44%.The business had revenue of $291.31 million for the quarter, compared to analysts’ expectations of $289.24 million. During the same period in the previous year, the firm posted $0.78 EPS. The business’s revenue was up 4.4% on a year-over-year basis. Zumiez has set its Q1 2026 guidance at 0.770-0.870 EPS. On average, analysts predict that Zumiez will post -0.12 earnings per share for the current year.

Zumiez declared that its board has initiated a stock buyback plan on Wednesday, March 11th that allows the company to buyback $40.00 million in shares. This buyback authorization allows the apparel and footwear maker to purchase up to 10.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

ZUMZ has been the topic of several recent analyst reports. Wall Street Zen cut Zumiez from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Zacks Research cut Zumiez from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Zumiez in a research note on Friday, March 27th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Zumiez presently has an average rating of “Hold” and an average target price of $18.00.

About Zumiez

Zumiez, Inc (NASDAQ: ZUMZ) is a specialty retailer offering apparel, footwear, accessories and hardgoods targeted at the action-sports lifestyle market. With a focus on skateboarding, snowboarding, BMX and streetwear, the company stocks a mix of leading third-party brands—such as Vans, Nike SB, DC Shoes and The North Face—alongside proprietary private-label merchandise. In addition to traditional fashion items, Zumiez stores carry hardware and equipment tailored to board sports, supporting both amateur and enthusiast consumers.

Originally founded in 1978 in Seattle, Washington, by Tom Campion, Gary Haakenson and Steve Brosvik, Zumiez opened its first branded retail location in 1988.