Stitch Fix, Inc. [SFIX] recently disclosed that Chief Legal Officer O'Connor Casey executed a notable transaction involving the purchase and sale of shares. Specifically, Mr. Casey acquired 31,248 shares at a price of $3.8 per share on July 28, 2025. Concurrently, he sold an equivalent number of shares at $5.34 per share on the same date.
Stitch Fix, Inc. (NASDAQ:SFIX) recently disclosed significant insider trading activity involving Chief Legal Officer Casey O'Connor. On July 28, 2025, Mr. O'Connor executed a notable transaction where he purchased 31,248 shares of Stitch Fix stock at an average price of $3.8 per share. Concurrently, he sold an equivalent number of shares at an average price of $5.34 per share on the same date.
The total value of the shares purchased by Mr. O'Connor amounted to $117,803.20, while the total value of the shares sold was $168,615.20. This transaction resulted in a net gain of $50,812.00 for Mr. O'Connor. Following this transaction, Mr. O'Connor's stake in the company remains unchanged at 508,621 shares, valued at $2,400,691.12 [1].
This transaction comes amidst ongoing scrutiny of Stitch Fix's financial health and insider trading activities. In July 2025, Judge P. Casey Pitts of the U.S. District Court for the Northern District of California ruled that key claims in a securities fraud lawsuit against Stitch Fix could move forward. The lawsuit alleges that between June 2020 and June 2022, Stitch Fix misled investors by falsely stating that its Freestyle business segment would complement its core Fix business segment. This allegedly caused Stitch Fix's stock to trade at artificially inflated prices. During this period, various company insiders sold $132 million of Stitch Fix stock [2].
Institutional investors have also been active in modifying their holdings in Stitch Fix. For instance, Acadian Asset Management LLC lifted its position in shares of Stitch Fix by 533.5% during the 1st quarter, now owning 369,069 shares of the company's stock worth $1,198,000 after buying an additional 310,810 shares during the period [1].
Stitch Fix's stock has been volatile, with recent analyst ratings ranging from "hold" to "outperform." The company's stock has a 52-week low of $2.21 and a 52-week high of $6.99, with a market capitalization of $666.80 million and a PE ratio of -11.11 [1].
References:
[1] https://www.marketbeat.com/instant-alerts/casey-oconnor-sells-50000-shares-of-stitch-fix-inc-nasdaqsfix-stock-2025-07-22/
[2] https://www.marketscreener.com/news/stitch-fix-inc-nasdaq-sfix-investor-alert-schubert-jonckheer-investigates-possible-false-claim-ce7c5fd8dd8ff727
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