Jane Street Group LLC Acquires Shares of 34,622 Stitch Fix Inc (SFIX)

Jane Street Group LLC acquired a new stake in Stitch Fix Inc (NASDAQ:SFIX) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 34,622 shares of the company’s stock, valued at approximately $894,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Virtu Financial LLC bought a new position in shares of Stitch Fix in the 4th quarter valued at about $578,000. Advisory Research Inc. bought a new position in shares of Stitch Fix in the 4th quarter valued at about $662,000. Engineers Gate Manager LP bought a new position in shares of Stitch Fix in the 4th quarter valued at about $1,538,000. potrero capital research llc bought a new position in shares of Stitch Fix in the 4th quarter valued at about $1,808,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of Stitch Fix in the 4th quarter valued at about $1,899,000. Institutional investors own 9.07% of the company’s stock.

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Stitch Fix stock opened at $20.28 on Friday. Stitch Fix Inc has a 52 week low of $14.48 and a 52 week high of $30.07.

Stitch Fix (NASDAQ:SFIX) last posted its quarterly earnings results on Monday, March 12th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $296.00 million for the quarter, compared to the consensus estimate of $291.29 million. The company’s quarterly revenue was up 24.4% compared to the same quarter last year. equities analysts predict that Stitch Fix Inc will post 0.14 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on SFIX. Stifel Nicolaus began coverage on Stitch Fix in a report on Tuesday, December 12th. They issued a “hold” rating and a $22.00 price objective for the company. Barclays started coverage on Stitch Fix in a report on Tuesday, December 12th. They issued an “equal weight” rating and a $26.00 price objective for the company. William Blair started coverage on Stitch Fix in a report on Tuesday, December 12th. They set an “outperform” rating for the company. Buckingham Research started coverage on Stitch Fix in a report on Monday, March 19th. They set a “neutral” rating and a $22.00 price target for the company. Finally, Piper Jaffray set a $29.00 price target on Stitch Fix and gave the stock a “buy” rating in a report on Wednesday, December 20th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $25.57.

In other Stitch Fix news, Director Marka Hansen sold 14,700 shares of the firm’s stock in a transaction that occurred on Monday, March 26th. The shares were sold at an average price of $21.04, for a total transaction of $309,288.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Mike C. Smith sold 80,000 shares of the firm’s stock in a transaction that occurred on Friday, March 16th. The stock was sold at an average price of $21.29, for a total transaction of $1,703,200.00. The disclosure for this sale can be found here. Insiders have sold 323,750 shares of company stock valued at $6,608,224 in the last quarter.

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Stitch Fix Company Profile

Stitch Fix, Inc is an online personalized styling service company. The Company offers apparel, shoes and accessories across categories, brands, product types and price points. The Company serves its clients in the following categories: Women’s, Petite, Maternity, Men’s and Plus. The Company also offers a wide variety of product types, including denim, dresses, blouses, skirts, shoes, jewelry and handbags.

Institutional Ownership by Quarter for Stitch Fix (NASDAQ:SFIX)

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