Stitch Fix Inc (NASDAQ:SFIX) insider Mike C. Smith sold 25,000 shares of Stitch Fix stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $26.22, for a total value of $655,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of SFIX stock opened at $26.29 on Friday. Stitch Fix Inc has a 12-month low of $16.05 and a 12-month high of $52.44. The company has a market cap of $2.59 billion, a PE ratio of 67.41, a price-to-earnings-growth ratio of 5.63 and a beta of 3.10.
Stitch Fix (NASDAQ:SFIX) last released its quarterly earnings data on Monday, March 11th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.07. Stitch Fix had a return on equity of 15.47% and a net margin of 3.67%. The firm had revenue of $370.28 million during the quarter, compared to the consensus estimate of $365.28 million. As a group, research analysts anticipate that Stitch Fix Inc will post 0.22 earnings per share for the current year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc purchased a new position in Stitch Fix in the 4th quarter valued at approximately $29,000. Capital Investment Advisory Services LLC acquired a new stake in Stitch Fix during the 4th quarter valued at $62,000. Hsbc Holdings PLC acquired a new stake in Stitch Fix during the 3rd quarter valued at $202,000. Victory Capital Management Inc. acquired a new stake in Stitch Fix during the 1st quarter valued at $134,000. Finally, FNY Investment Advisers LLC acquired a new stake in Stitch Fix during the 1st quarter valued at $141,000. 28.21% of the stock is owned by hedge funds and other institutional investors.
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Stitch Fix Company Profile
Stitch Fix, Inc sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags for men, women, and kids under the Stitch Fix brand. The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc in October 2011.
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