Stitch Fix Inc (NASDAQ: SFIX) is 6.44% higher on its value in year-to-date trading and has touched a low of $2.06 and a high of $5.05 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SFIX stock was last observed hovering at around $3.89 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $3.80, the stock is 0.42% and -6.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing -2.31% at the moment leaves the stock 16.01% off its SMA200. SFIX registered 2.70% gain for a year compared to 6-month gain of 16.56%.
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The stock witnessed a -21.97% loss in the last 1 month and extending the period to 3 months gives it a 63.09%, and is 0.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.33% over the week and 6.82% over the month.
Stitch Fix Inc (SFIX) has around 5860 employees, a market worth around $464.89M and $1.39B in sales. Profit margin for the company is -8.68%. Distance from 52-week low is 84.47% and -24.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.53%).
with sales reaching $318.25M over the same period.The EPS is expected to grow by 41.04% this year, but quarterly earnings will post -18.40% year-over-year. Quarterly sales are estimated to shrink -15.30% in year-over-year returns.
Stitch Fix Inc (SFIX) Top Institutional Holders
215.0 institutions hold shares in Stitch Fix Inc (SFIX), with institutional investors hold 93.49% of the company’s shares. The shares outstanding are 122.34M, and float is at 92.50M with Short Float at 7.40%. Institutions hold 88.11% of the Float.
The top institutional shareholder in the company is WORKING CAPITAL ADVISORS (UK) LTD. with over 11.98 million shares valued at $49.72 million. The investor’s holdings represent 9.8787% of the SFIX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.32 million shares valued at $42.82 million to account for 8.508 of the shares outstanding. The other top investors are DISCIPLINED GROWTH INVESTORS INC /MN which holds 9.27 million shares representing 7.6474% and valued at over $38.49 million, while DIVISAR CAPITAL MANAGEMENT LLC holds 4.849 of the shares totaling 5.88 million with a market value of $24.4 million.
Stitch Fix Inc (SFIX) Insider Activity
The most recent transaction is an insider sale by O’Connor Casey, the company’s Chief Legal Officer. SEC filings show that O’Connor Casey sold 3,045 shares of the company’s common stock on Jul 17 ’24 at a price of $4.96 per share for a total of $15103.0. Following the sale, the insider now owns 0.45 million shares.
Stitch Fix Inc disclosed in a document filed with the SEC on Jul 16 ’24 that Lake Katrina (Director) sold a total of 537,007 shares of the company’s common stock. The trade occurred on Jul 16 ’24 and was made at $5.01 per share for $2.69 million. Following the transaction, the insider now directly holds 0.0 shares of the SFIX stock.
Still, SEC filings show that on Jul 16 ’24, Baer Matt (Chief Executive Officer) disposed off 44,230 shares at an average price of $5.00 for $0.22 million. The insider now directly holds 973,769 shares of Stitch Fix Inc (SFIX).
