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Director Katrina Lake of Stitch Fix, Inc. (NASDAQ:SFIX) sold a total of 151,150 shares of Class A Common Stock on August 13, 2025. The sales were executed at weighted average prices ranging from $5.0211 to $5.033 per share, resulting in total proceeds of approximately $760,142. The transaction comes as Stitch Fix shares have shown strong momentum, with a 10% gain in the past week and a 14% rise year-to-date. According to InvestingPro analysis, the stock currently appears undervalued relative to its Fair Value.
The transactions also involved the conversion of Class B Common Stock into Class A Common Stock. Specifically, 50,000 shares held by the John C. Clifford and Katrina M. Lake Revocable Trust and 101,150 shares held by the Katrina M. Lake Revocable Trust were converted. The price for these conversions was $0. With a market capitalization of $645 million and its next earnings report due September 23, investors can access comprehensive analysis and 8 additional key insights through InvestingPro’s detailed research report.
In other recent news, Stitch Fix reported its financial results for the third quarter of 2025, surpassing earnings expectations with an earnings per share (EPS) of -$0.06, better than the forecasted -$0.11. The company also reported revenue of $325 million, which exceeded the anticipated $315.13 million. UBS maintained its neutral rating and a $5.00 price target on Stitch Fix following these results, highlighting the improved product mix and enhancements in in-house brands as key factors. Additionally, the company raised its guidance for fiscal year 2025, prompting UBS to increase its sales forecast for fiscal year 2026 by 3%. Bernstein also reiterated its Market Perform rating and a $4.50 price target on Stitch Fix, noting the company’s return to growth after a multi-year transformation. This comes after Stitch Fix experienced its first positive growth quarter following a period of double-digit declines. These developments reflect Stitch Fix’s efforts in operational efficiency and product innovation.
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