Quinn Opportunity Partners LLC Trims Position in Stitch Fix, Inc. $SFIX

Quinn Opportunity Partners LLC trimmed its position in Stitch Fix, Inc. (NASDAQ:SFIX) by 47.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,600 shares of the company’s stock after selling 101,982 shares during the quarter. Quinn Opportunity Partners LLC’s holdings in Stitch Fix were worth $413,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SFIX. First Dallas Securities Inc. purchased a new stake in Stitch Fix in the 2nd quarter worth approximately $37,000. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Stitch Fix by 23.0% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 938,473 shares of the company’s stock worth $3,472,000 after buying an additional 175,681 shares in the last quarter. 111 Capital bought a new stake in Stitch Fix during the second quarter valued at $44,000. Strs Ohio purchased a new position in Stitch Fix during the first quarter worth about $311,000. Finally, Acadian Asset Management LLC raised its holdings in shares of Stitch Fix by 533.5% in the 1st quarter. Acadian Asset Management LLC now owns 369,069 shares of the company’s stock valued at $1,198,000 after acquiring an additional 310,810 shares in the last quarter. Hedge funds and other institutional investors own 71.04% of the company’s stock.

Insiders Place Their Bets

In other news, insider Casey O’connor sold 50,000 shares of the business’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $4.41, for a total transaction of $220,500.00. Following the sale, the insider owned 431,441 shares in the company, valued at approximately $1,902,654.81. The trade was a 10.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Anthony Bacos sold 90,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $5.61, for a total transaction of $504,900.00. Following the transaction, the insider directly owned 799,966 shares of the company’s stock, valued at $4,487,809.26. This represents a 10.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 16.09% of the company’s stock.

Stitch Fix Trading Up 1.6%

Shares of NASDAQ SFIX opened at $4.45 on Thursday. The firm has a fifty day simple moving average of $4.72 and a two-hundred day simple moving average of $4.50. The firm has a market capitalization of $596.79 million, a PE ratio of -9.67 and a beta of 2.20. Stitch Fix, Inc. has a 12 month low of $2.60 and a 12 month high of $6.99.

Stitch Fix (NASDAQ:SFIX) last issued its quarterly earnings data on Wednesday, September 24th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.03. Stitch Fix had a negative net margin of 2.27% and a negative return on equity of 14.57%. The business had revenue of $311.23 million during the quarter, compared to analyst estimates of $307.15 million. During the same period last year, the business posted ($0.30) earnings per share. Stitch Fix’s quarterly revenue was down 2.6% compared to the same quarter last year. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, sell-side analysts predict that Stitch Fix, Inc. will post -0.44 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Sanford C. Bernstein restated a “market perform” rating and issued a $6.00 price objective on shares of Stitch Fix in a research report on Thursday, September 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Stitch Fix in a research note on Wednesday, October 8th. Zacks Research raised Stitch Fix from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. UBS Group reiterated a “neutral” rating on shares of Stitch Fix in a research report on Wednesday, September 17th. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $6.00 target price on shares of Stitch Fix in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $6.00.

Stitch Fix Profile

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.