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

Zumiez Inc. (NASDAQ:ZUMZ) was the recipient of a large drop in short interest in 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 shares of the stock are sold short. Based on an average daily volume of 177,670 shares, the days-to-cover ratio is presently 7.7 days.

Zumiez Price Performance

ZUMZ opened at $24.33 on Friday. The stock has a market capitalization of $412.88 million, a price-to-earnings ratio of 28.29 and a beta of 0.95. The business has a 50-day moving average of $23.70 and a two-hundred day moving average of $24.13. Zumiez has a 12 month low of $11.31 and a 12 month high of $31.70.

Zumiez (NASDAQ:ZUMZ) last posted its quarterly earnings results on Thursday, March 12th. The apparel and footwear maker reported $1.16 EPS 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 company had revenue of $291.31 million during the quarter, compared to analysts’ expectations of $289.24 million. During the same quarter in the previous year, the business earned $0.78 EPS. The firm’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. Equities research analysts anticipate that Zumiez will post -0.12 earnings per share for the current year.

Zumiez announced that its Board of Directors has initiated a share buyback program on Wednesday, March 11th that permits the company to buyback $40.00 million in shares. This buyback authorization permits the apparel and footwear maker to buy up to 10.2% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Zacks Research cut Zumiez from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. Wall Street Zen cut Zumiez from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Zumiez in a report on Friday, March 27th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Zumiez has a consensus rating of “Hold” and a consensus price target of $18.00.

Insider Buying and Selling

In related news, insider Chris K. Visser sold 9,974 shares of Zumiez stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $22.21, for a total transaction of $221,522.54. Following the completion of the sale, the insider owned 43,500 shares in the company, valued at approximately $966,135. This trade represents a 18.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 21.20% of the company’s stock.

Institutional Trading of Zumiez

Institutional investors have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new stake in shares of Zumiez during the 4th quarter worth about $27,000. Quarry LP purchased a new stake in shares of Zumiez during the 3rd quarter worth about $54,000. Quantbot Technologies LP purchased a new stake in shares of Zumiez during the 2nd quarter worth about $71,000. State of Wyoming purchased a new stake in shares of Zumiez during the 4th quarter worth about $169,000. Finally, Aquatic Capital Management LLC purchased a new stake in shares of Zumiez during the 3rd quarter worth about $148,000. Hedge funds and other institutional investors own 95.45% of the company’s stock.

Zumiez Company Profile

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.