Zumiez president international Ellis buys $134,000 in shares

Adam Christopher Ellis, President International of Zumiez Inc., bolstered his stake in the company through a market purchase of 10,000 shares on September 18, 2026. The stock trades near its 52-week low of $13.07, having declined by approximately 49% year-to-date. The transaction, priced at $13.4 per share, resulted in a $134,000 investment.

As a result, Mr. Ellis now owns 83,664 shares of Zumiez common stock. The stock is currently considered undervalued by InvestingPro’s Fair Value analysis, with further insights available to subscribers. Meanwhile, Zumiez Inc. disclosed its Q2 2026 earnings, revealing an adjusted loss of $0.17 per share against analyst estimates of $0.11 loss per share on $213.1 million revenue.

The company's U.S. operations, particularly in footwear, faced difficulties, while international markets demonstrated positive comparable sales growth. Management has issued cautious guidance for Q3, projecting sales and earnings close to breakeven. The quarter concluded with no debt and $97.3 million in cash and marketable securities, maintaining their share repurchase program.

No upgrades or downgrades have been issued by analysts, but the cautious outlook remains a point of interest for investors.