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In a recent transaction, Liliana Gil Valletta, a director at Zumiez Inc (NASDAQ:ZUMZ), sold a significant portion of her holdings in the company. The sale, which took place on March 25, 2025, involved 4,747 shares of Zumiez’s common stock. The shares were sold at a weighted average price of $15.1117 each, amounting to a total transaction value of approximately $71,735. This transaction comes as Zumiez’s stock has declined nearly 30% over the past six months, though InvestingPro analysis suggests the company is currently trading below its Fair Value.
Following this transaction, Valletta retains ownership of 10,255 shares in Zumiez. The sale was conducted directly, as indicated in the filing, and no equity swaps were involved. This transaction was documented in a Form 4 filing with the Securities and Exchange Commission, with Chris K. Visser signing as Attorney-in-Fact on behalf of Valletta. Despite recent insider selling, Zumiez maintains a strong liquidity position with a current ratio of 2.07, and management has been actively buying back shares. For comprehensive insider trading analysis and additional insights, subscribers can access the full InvestingPro Research Report, which covers this and over 1,400 other US stocks.
In other recent news, Zumiez Inc. reported its fourth-quarter 2024 earnings, revealing mixed results. The company experienced a slight miss on earnings per share (EPS), reporting $0.78 compared to the expected $0.82, although revenue slightly exceeded forecasts, reaching $279.2 million against a projected $278.32 million. This earnings miss, despite the revenue beat, influenced investor sentiment negatively. Zumiez’s comparable sales increased by 5.9% during the quarter, and the company saw a significant improvement in operating income, reporting $20.1 million compared to a loss of $32.8 million in the previous year. Additionally, Zumiez announced plans to close 20 stores in 2025 while opening nine new ones. The company maintains a strong cash position with $147.6 million in cash and marketable securities. Looking ahead, Zumiez anticipates first-quarter 2025 sales between $179 million and $183 million, aiming for a 1-3% sales growth. Despite the challenges, the company remains focused on improving product margins and maintaining flat SG&A costs as a percentage of sales.
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