2 weeks Ago By ABMN Staff
Federated Hermes Inc. lifted its holdings in shares of Stitch Fix, Inc. ( NASDAQ:SFIX – Free Report ) by 4.
1% during the fourth quarter, Holdings Channel reports. The fund owned 96,504 shares of the company’s stock after purchasing an additional 3,771 shares during the quarter. Federated Hermes Inc.
’s holdings in Stitch Fix were worth $416,000 as of its most recent SEC filing. Other institutional investors have also modified their holdings of the company. SBI Securities Co.
Ltd. purchased a new stake in Stitch Fix during the 4th quarter worth approximately $29,000. Pallas Capital Advisors LLC bought a new position in shares of Stitch Fix during the fourth quarter worth about $46,000.
Bellecapital International Ltd. acquired a new position in Stitch Fix in the fourth quarter worth about $55,000. Savant Capital LLC bought a new stake in Stitch Fix in the fourth quarter valued at about $79,000.
Finally, Raymond James Financial Inc. acquired a new stake in Stitch Fix during the fourth quarter valued at approximately $134,000. Institutional investors and hedge funds own 71.
04% of the company’s stock. Insider Buying and Selling In related news, insider Casey O’connor sold 50,000 shares of Stitch Fix stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $3.
04, for a total transaction of $152,000.00. Following the sale, the insider now directly owns 575,755 shares in the company, valued at $1,750,295.
20. The trade was a 7.99 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . Corporate insiders own 16.95% of the company’s stock.
Stitch Fix Trading Up 2.5 % Stitch Fix ( NASDAQ:SFIX – Get Free Report ) last released its quarterly earnings data on Tuesday, March 11th. The company reported ($0.
05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.06.
Stitch Fix had a negative net margin of 7.71% and a negative return on equity of 32.71%.
The business had revenue of $312.11 million for the quarter, compared to analysts’ expectations of $298.04 million.
During the same quarter last year, the company earned ($0.29) EPS. The company’s revenue for the quarter was down 5.
5% compared to the same quarter last year. As a group, analysts predict that Stitch Fix, Inc. will post -0.
44 EPS for the current fiscal year. Wall Street Analyst Weigh In Separately, Telsey Advisory Group reiterated a “market perform” rating and issued a $6.00 target price on shares of Stitch Fix in a research report on Wednesday, March 12th.
One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. Based on data from MarketBeat, Stitch Fix has a consensus rating of “Hold” and a consensus target price of $4.50.
Check Out Our Latest Stock Report on SFIX About Stitch Fix ( Free Report ) 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.
Featured Articles Want to see what other hedge funds are holding SFIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stitch Fix, Inc. ( NASDAQ:SFIX – Free Report ).
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