Stitch Fix Insider Purchase: Anthony Bacos Buys 100,000 Shares

Anthony Bacos, the Chief Product and Technology Officer at Stitch Fix, Inc. (NasdaqGS: SFIX), recently purchased 100,000 shares of the company. This transaction occurred on June 24, 2026, with shares bought at an average price of $3.99, totaling $399,000. The purchase was not part of a prearranged trading plan.

Insider Buying and Selling at Stitch Fix, Inc.

On June 24, 2026, Anthony Bacos, in his role as Chief Product and Technology Officer, made several transactions involving Stitch Fix shares. He purchased 100,000 shares at $3.99 each and sold 100,000 shares at no cost. Additionally, he sold 100,000 shares at $4.51 under a prearranged plan. Earlier, on June 22, 2026, Bacos bought 50,000 shares at $2.48 and sold 70,000 shares at $4.03, also under a prearranged plan.

Other Institutional Activity in Stitch Fix

Several institutional investors adjusted their holdings in Stitch Fix. Disciplined Growth Investors Inc. reduced its position by 739,511 shares, ending with 18,738,180 shares valued at about $62 million, a 3.8% decrease. BlackRock, Inc. also slightly trimmed its stake by 64,642 shares, holding 11,112,291 shares worth approximately $36.8 million. Renaissance Technologies LLC cut its position by 56,200 shares, now holding 5,645,858 shares valued at $18.7 million, reflecting a 1% decrease. Meanwhile, Vanguard Capital Management LLC opened a new position with 4,790,136 shares, and AQR Capital Management LLC increased its holdings by 2,200,479 shares, a 163.1% rise, totaling 3,550,003 shares valued at $11.8 million.

Stitch Fix, Inc. Stock Up 40.7%

Shares of Stitch Fix traded near $4.43 on Saturday. The company has a market capitalization of approximately $605.8 million. Stitch Fix is not currently profitable, with no meaningful P/E ratio, and it has a beta of 2.3. Over the past 52 weeks, the stock has ranged from a low of $2.95 to a high of $5.94. Its 50-day moving average stands at $3.69, while the 200-day moving average is $4.19. The company's current ratio is 1.5, and its debt-to-equity ratio is 37.

Recent Earnings

Stitch Fix reported revenue of $1.33 billion, reflecting a modest growth rate of 4.7%. However, the company posted a net margin of -1.4% and a return on equity of -9.5%. Earnings per share were negative at -$0.14. The next earnings report is scheduled for September 22, 2026.

Analysts Set New Price Targets

On June 11, 2026, UBS maintained its hold rating on Stitch Fix, setting a price target of $4.5. Northland Capital Markets initiated coverage on May 28, 2026, with a buy rating and a $5.0 price target. The consensus among analysts is a hold recommendation, with an average target price of $4.7 from five analysts.

About Stitch Fix

Stitch Fix, Inc. is a fashion retail company based in San Francisco, California. It provides personalized clothing and accessory selections for women, men, and kids through its online platform and mobile app. The company offers a wide range of products, including apparel, shoes, and accessories, under its own brand. Founded in 2011, Stitch Fix is led by CEO Katrina Lake and employs over 4,000 people.

Bottom Line

Anthony Bacos' recent purchase of Stitch Fix shares underscores his involvement in the company as it navigates the retail market. While the insider buying may signal confidence, it's important to remember such transactions are just one piece of the investment puzzle. Investors often track insider activity for potential insights, but these actions should be considered alongside other financial metrics and market conditions.