Casey O’connor Sells 50,000 Shares of Stitch Fix (NASDAQ:SFIX) Stock

Stitch Fix, Inc. (NASDAQ:SFIX) insider Casey O’connor sold 50,000 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $4.41, for a total transaction of $220,500.00. Following the completion of the transaction, the insider owned 431,441 shares in the company, valued at approximately $1,902,654.81. The trade was a 10.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Casey O’connor also recently made the following trade(s):

• On Monday, July 28th, Casey O’connor sold 31,248 shares of Stitch Fix stock. The shares were sold at an average price of $5.34, for a total transaction of $166,864.32.

Stitch Fix Stock Up 0.9%

Shares of NASDAQ SFIX opened at $4.48 on Thursday. The firm’s 50-day moving average price is $4.97 and its two-hundred day moving average price is $4.35. Stitch Fix, Inc. has a 52-week low of $2.60 and a 52-week high of $6.99. The stock has a market capitalization of $600.81 million, a P/E ratio of -9.74 and a beta of 2.08.

Stitch Fix (NASDAQ:SFIX) last announced its quarterly earnings results on Wednesday, September 24th. The company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.03. The business had revenue of $311.23 million for the quarter, compared to analysts’ expectations of $307.15 million. Stitch Fix had a negative return on equity of 14.57% and a negative net margin of 2.27%.The business’s quarterly revenue was down 2.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.30) EPS. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities research analysts expect that Stitch Fix, Inc. will post -0.44 earnings per share for the current year.

Institutional Investors Weigh In On Stitch Fix

Several hedge funds and other institutional investors have recently bought and sold shares of SFIX. Diversified Trust Co acquired a new position in shares of Stitch Fix in the 1st quarter worth approximately $99,000. Bank of New York Mellon Corp boosted its holdings in Stitch Fix by 7.9% during the first quarter. Bank of New York Mellon Corp now owns 278,804 shares of the company’s stock worth $906,000 after buying an additional 20,505 shares in the last quarter. Cerity Partners LLC grew its position in Stitch Fix by 32.5% in the first quarter. Cerity Partners LLC now owns 39,029 shares of the company’s stock worth $127,000 after buying an additional 9,577 shares during the last quarter. Federated Hermes Inc. increased its holdings in shares of Stitch Fix by 8.3% in the first quarter. Federated Hermes Inc. now owns 104,495 shares of the company’s stock valued at $340,000 after buying an additional 7,991 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Stitch Fix by 7.9% during the 1st quarter. Vanguard Group Inc. now owns 6,982,536 shares of the company’s stock valued at $22,693,000 after acquiring an additional 513,422 shares during the last quarter. 71.04% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Zacks Research upgraded Stitch Fix from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Telsey Advisory Group restated a “market perform” rating and set a $6.00 price objective on shares of Stitch Fix in a research note on Thursday, September 25th. William Blair upgraded shares of Stitch Fix from a “market perform” rating to an “outperform” rating in a research report on Monday, July 14th. Sanford C. Bernstein reissued a “market perform” rating and set a $6.00 target price on shares of Stitch Fix in a research note on Thursday, September 25th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Stitch Fix in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $6.00.

About Stitch Fix

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.