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3 insiders purchased Quiksilver stock within one month.

The stock was sold by no insiders in the month of intensive purchasing.

2 of these 3 insiders increased their holdings by more than 10%.

Quiksilver (NYSE:ZQK) designs, develops, markets, and distributes branded apparel, footwear, accessories, and related products primarily for men, women, and children.

(click to enlarge)

Insider buying during the last 30 days

Here is a table of Quiksilver's insider activity during the last 30 days.

NameTitleTrade DateShares PurchasedCurrent OwnershipIncrease In Shares
Joseph BerardinoDirectorJune 910,00090,000 shares+12.5%
Richard ShieldsCFOJune 5100,000800,000 shares+14.3%
Andrew MooneyCEOJune 5100,0002,100,000 shares+5.0%

There have been 210,000 shares purchased by insiders during the last 30 days.

Insider buying by calendar month

Here is a table of Quiksilver's insider activity by calendar month.

MonthInsider buying / sharesInsider selling / shares
June 2014210,0000
May 201400
April 201400
March 201400
February 201400
January 201400
December 201300
November 201300
October 2013040,000
September 201300
August 201300
July 20130225,000
June 201300
May 201300
April 201300
March 201300
February 201300
January 2013019,709

There have been 210,000 shares purchased and there have been 284,709 shares sold by insiders since January 2013. The month of June 2014 has seen all of the insider buying.


Quiksilver reported the fiscal 2014 second-quarter, which ended April 30, financial results on June 2 with the following highlights:

Revenue$408.2 million
Net loss$53.1 million
Cash$63.5 million
Debt$896.8 million

The stock plunged after these results and the three insiders purchased their shares after the plunge.


Quiksilver anticipates some continued year-over-year gross margin improvements in the second half of fiscal 2014, and that pro-forma adjusted EBITDA for fiscal 2014 will be below the $118 million achieved in fiscal 2013.


Quiksilver's competitors include Nike (NYSE:NKE), and Billabong (OTCPK:BLLAY). Here is a table comparing these companies.

Market Cap:664.85M67.33B219.15M
Qtrly Rev Growth (yoy):-
Gross Margin:0.490.44N/A
Operating Margin:0.030.14-0.05
Net Income:-242.42M2.70B-492.94M
PEG (5 yr expected):-1.842.10N/A

Quiksilver has the second-lowest P/S ratio among these three companies.


There have been three different insiders buying Quiksilver, and there have not been any insiders selling Quiksilver during the last 30 days. Two of these three insiders increased their holdings by more than 10%. Quiksilver has an insider ownership of 32.99%.

The three insiders purchased their shares at prices ranging from $3.38 to $3.65. I believe Quiksilver could be a good pick below $3.65 based on the intensive insider buying.

(click to enlarge)(Source: Investor presentation)

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in ZQK over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.