Hillsdale Investment Management Inc. Acquires Shares of 285,400 Zumiez Inc. $ZUMZ

Hillsdale Investment Management Inc. acquired a new stake in Zumiez Inc. (NASDAQ:ZUMZ) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 285,400 shares of the apparel and footwear maker’s stock, valued at approximately $7,435,000. Hillsdale Investment Management Inc. owned about 1.68% of Zumiez at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Pacific Ridge Capital Partners LLC increased its holdings in shares of Zumiez by 4.8% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 22,237 shares of the apparel and footwear maker’s stock valued at $579,000 after purchasing an additional 1,020 shares during the last quarter. Bailard Inc. acquired a new position in shares of Zumiez in the fourth quarter valued at $215,000. Cornerstone Investment Partners LLC acquired a new position in shares of Zumiez in the fourth quarter valued at $203,000. CWM LLC increased its holdings in shares of Zumiez by 44.9% in the fourth quarter. CWM LLC now owns 15,511 shares of the apparel and footwear maker’s stock valued at $404,000 after purchasing an additional 4,810 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Zumiez in the fourth quarter valued at $344,000. 95.45% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Chris K. Visser sold 9,974 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were 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 of the company’s stock, valued at $966,135. This represents a 18.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 24.30% of the stock is owned by corporate insiders.

Zumiez Stock Down 2.7%

ZUMZ opened at $24.63 on Friday. Zumiez Inc. has a twelve month low of $11.41 and a twelve month high of $31.70. The company has a 50-day simple moving average of $23.53 and a 200 day simple moving average of $24.79. The stock has a market capitalization of $425.11 million, a price-to-earnings ratio of 28.64 and a beta of 0.98.

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, topping the consensus estimate of $1.08 by $0.08. Zumiez had a net margin of 1.44% and a return on equity of 3.91%. The business had revenue of $291.31 million during the quarter, compared to analysts’ expectations of $289.24 million. During the same quarter in the prior year, the business posted $0.78 earnings per share. Zumiez’s revenue was up 4.4% compared to the same quarter last year. Zumiez has set its Q1 2026 guidance at 0.770-0.870 EPS. Sell-side analysts anticipate that Zumiez Inc. will post 0.94 EPS for the current fiscal year.

Zumiez announced that its board has authorized a stock 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 shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

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

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.