Anthony Bacos Buys 50,000 Shares of Stitch Fix

Anthony Bacos, Chief Product and Technology Officer at Stitch Fix, Inc. (NasdaqGS: SFIX), made a significant purchase of 50,000 shares at $2.48 each on June 22, 2026. This insider buy, not part of a pre-planned trading program, totaled an investment of $124,000.

Insider Buying and Selling at Stitch Fix, Inc.

On June 22, 2026, Anthony Bacos purchased 50,000 shares of Stitch Fix at an average price of $2.48, amounting to $124,000. This transaction was not under a Rule 10b5-1 plan. On the same day, he also executed a planned sale of 70,000 shares at $4.03. Additionally, Casey O'Connor, Chief Legal Officer, sold 25,283 shares on June 17, 2026, without a pre-planned arrangement.

Other Institutional Activity in Stitch Fix

Disciplined Growth Investors trimmed its holdings by 739,511 shares, leaving it with 18,738,180 shares valued at about $62 million. BlackRock slightly reduced its position by 64,642 shares, holding 11,112,291 shares worth approximately $36.8 million. Renaissance Technologies also cut its stake by 56,200 shares, ending with 5,645,858 shares valued at $18.7 million. Meanwhile, Vanguard Capital Management opened a new position with 4,790,136 shares valued at $15.9 million. AQR Capital Management significantly increased its holdings by 2,200,479 shares, now owning 3,550,003 shares worth $11.8 million.

Stitch Fix, Inc. Stock Up 40.2%

Shares of Stitch Fix traded near $4.33 on Wednesday. The company has a market cap of $535 million and a forward P/E ratio that is not meaningful due to its lack of profitability. With a beta of 2.3, the stock has seen a 52-week low of $2.95 and a high of $5.94. Its 50-day moving average is $3.58, while the 200-day moving average is $4.22. The company maintains a current ratio of 1.5 and a quick ratio of 0.75, with a debt-to-equity ratio of 37.

Recent Earnings

Stitch Fix reported revenue of $1.33 billion with a modest growth of 4.7%. The company posted a negative net margin of 1.43% and a return on equity of -9.52%. Earnings per share were negative $0.14. The next earnings release is scheduled for September 22, 2026.

Analysts Set New Price Targets

On June 11, 2026, UBS maintained its hold rating for Stitch Fix with a price target of $4.5. Previously, on May 28, 2026, Northland Capital Markets initiated coverage with a buy rating and a $5.0 target. The consensus among analysts remains a hold, with an average price target of $4.7 based on 5 opinions.

About Stitch Fix

Stitch Fix, Inc. is a San Francisco-based company specializing in apparel retail. It offers a range of clothing and accessories for women, men, and children, along with personal styling services available online. The company was founded in 2011 and is led by CEO Katrina Lake, employing over 4,000 people.

Bottom Line

Anthony Bacos's recent purchase of Stitch Fix shares highlights insider confidence in the company. However, with a forward P/E that isn't meaningful due to ongoing losses, investors should be aware of the company's financial challenges. The stock remains a point of interest for institutional investors and analysts alike, with mixed opinions on its future prospects.