1 week Ago By Defense World Staff
LPL Financial LLC boosted its position in shares of Stitch Fix, Inc. ( NASDAQ:SFIX – Free Report ) by 314.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 82,055 shares of the company’s stock after acquiring an additional 62,258 shares during the period. LPL Financial LLC owned 0.06% of Stitch Fix worth $354,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. American Century Companies Inc. boosted its holdings in shares of Stitch Fix by 16.
5% in the 4th quarter. American Century Companies Inc. now owns 187,022 shares of the company’s stock worth $806,000 after purchasing an additional 26,492 shares in the last quarter.
Counterpoint Mutual Funds LLC purchased a new position in shares of Stitch Fix during the 4th quarter worth approximately $365,000. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Stitch Fix by 46.
8% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 732,990 shares of the company’s stock worth $3,159,000 after buying an additional 233,848 shares during the period.
Marathon Trading Investment Management LLC bought a new stake in shares of Stitch Fix in the 4th quarter worth approximately $216,000. Finally, Inceptionr LLC purchased a new stake in shares of Stitch Fix in the fourth quarter worth $227,000. Hedge funds and other institutional investors own 71.
04% of the company’s stock. Analyst Ratings Changes Separately, Telsey Advisory Group reissued 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 equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $4.
50. Stitch Fix Trading Up 2.1 % SFIX opened at $3.
35 on Friday. The firm’s 50 day simple moving average is $3.69 and its two-hundred day simple moving average is $4.
05. The company has a market capitalization of $431.47 million, a PE ratio of -4.
04 and a beta of 2.03. Stitch Fix, Inc.
has a 1-year low of $2.07 and a 1-year high of $6.99.
Stitch Fix ( NASDAQ:SFIX – Get Free Report ) last announced its quarterly earnings data on Tuesday, March 11th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate 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 firm had revenue of $312.
11 million for the quarter, compared to the consensus estimate of $298.04 million. During the same period last year, the firm earned ($0.
29) EPS. The company’s revenue was down 5.5% on a year-over-year basis.
Equities analysts forecast that Stitch Fix, Inc. will post -0.44 earnings per share for the current fiscal year.
Insider Buying and Selling at Stitch Fix In related news, insider Casey O’connor sold 50,000 shares of the business’s stock in a transaction on Monday, April 14th. The shares were sold at an average price of $3.04, for a total value of $152,000.
00. Following the sale, the insider now owns 575,755 shares in the company, valued at approximately $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 SEC, which is accessible through this hyperlink .
16.95% of the stock is currently owned by insiders. 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. Read More Five stocks we like better than Stitch Fix About the Markup Calculator Markets Think Robinhood Earnings Could Send the Stock Up How to Invest in Small Cap Stocks Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? What Are Dividends? Buy the Best Dividend Stocks AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround Receive News & Ratings for Stitch Fix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stitch Fix and related companies with MarketBeat.
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