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$ZGN

4 stories mentioning ZGNUpdated 11d ago

Every FINWIRES story that references ZGN, newest first.

Sectors

Sector Update: Consumer Stocks Decline Pre-Bell Thursday

Consumer stocks were declining pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 2.3% lower.Albertsons (ACI) stock was down more than 18% after the company reported a decline in fiscal Q1 adjusted earnings and cut its fiscal 2026 adjusted EPS outlook.Vita Coco (COCO) shares were up more than 7% after the company posted higher Q2 net income and revenue, and raised its 2026 revenue guidance.Ermenegildo Zegna (ZGN) stock was up more than 2% after the company reported an increase in Q2 revenue.

$ACI$COCO$XLP$XLY$ZGN
Wire

Ermenegildo Zegna Shares Fall After Goldman Sachs Downgrade

Ermenegildo Zegna (ZGN) shares were down 2.2% in Wednesday trading after Goldman Sachs downgrade the company's stock to neutral from buy, and adjusted its price target to $14 from $13.30.Trading volume stood at more than 770,000 shares, compared with a daily average of 925,622 shares.Price: $14.05, Change: $-0.44, Percent Change: -3.04%

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Research

TD Cowen Upgrades Ermenegildo Zegna to Buy From Hold, Adjusts Price Target to $15 From $13

Ermenegildo Zegna N.V (ZGN) has an average rating of overweight and mean price target of $13.16, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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Insider Trading

Ermenegildo Zegna Insider Sold Shares Worth $250,658, According to a Recent SEC Filing

Gianluca Ambrogio Tagliabue, Acting Group CEO, on May 07, 2026, sold 19,105 shares in Ermenegildo Zegna (ZGN) for $250,658. Following the Form 4 filing with the SEC, Tagliabue has control over a total of 167,720 ordinary shares of the company, with 167,720 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1877787/000197683726000004/xslF345X05/wk-form4_1778510853.xmlPrice: $12.59, Change: $-0.57, Percent Change: -4.33%

$ZGN

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