Key Points
- Margaret Hayne sold 9,333 shares of Urban Outfitters on Dec. 12 at an average price of $82.66 — one of eight identical sales from Nov. 26–Dec. 12 that together totaled 74,664 shares for about $5.76 million.
- Following the Dec. 12 transaction she still owns 2,318,726 shares, a roughly 0.40% decrease in her stake valued at about $191.7 million.
- Urban Outfitters shares trade near a 52‑week high (opened $82.70) with a $7.42B market cap; analysts show a consensus "Hold" and average price target of $85.17, though several firms have raised targets into the mid‑$90s and issued Buy/Overweight ratings.
Urban Outfitters, Inc. (NASDAQ:URBN - Get Free Report) insider Margaret Hayne sold 9,333 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $82.66, for a total value of $771,465.78. Following the transaction, the insider directly owned 2,318,726 shares of the company's stock, valued at approximately $191,665,891.16. The trade was a 0.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Margaret Hayne also recently made the following trade(s):
- On Wednesday, December 10th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $78.36, for a total value of $731,333.88.
- On Monday, December 8th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $76.03, for a total value of $709,587.99.
- On Friday, December 5th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $76.61, for a total value of $715,001.13.
- On Wednesday, December 3rd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $78.95, for a total transaction of $736,840.35.
- On Monday, December 1st, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $73.97, for a total transaction of $690,362.01.
- On Friday, November 28th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $74.94, for a total transaction of $699,415.02.
- On Wednesday, November 26th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $75.32, for a total transaction of $702,961.56.
Urban Outfitters Stock Up 1.1%
Shares of NASDAQ:URBN opened at $82.70 on Tuesday. The firm has a fifty day simple moving average of $68.95 and a two-hundred day simple moving average of $71.27. Urban Outfitters, Inc. has a 52 week low of $41.89 and a 52 week high of $83.94. The stock has a market capitalization of $7.42 billion, a P/E ratio of 15.60, a PEG ratio of 1.24 and a beta of 1.20.
Urban Outfitters (NASDAQ:URBN - Get Free Report) last announced its quarterly earnings results on Wednesday, December 10th. The apparel retailer reported $1.28 EPS for the quarter. The firm had revenue of $1.53 billion during the quarter. Urban Outfitters had a net margin of 8.15% and a return on equity of 18.33%. On average, analysts expect that Urban Outfitters, Inc. will post 3.91 earnings per share for the current year.
Analyst Ratings Changes
Several research firms have recently issued reports on URBN. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Urban Outfitters in a research note on Wednesday, November 26th. Barclays raised their price target on Urban Outfitters from $89.00 to $98.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 26th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Urban Outfitters in a research report on Monday, December 8th. Guggenheim assumed coverage on shares of Urban Outfitters in a research note on Tuesday, December 9th. They issued a "neutral" rating on the stock. Finally, JPMorgan Chase & Co. raised their target price on shares of Urban Outfitters from $89.00 to $96.00 and gave the stock an "overweight" rating in a report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Urban Outfitters has a consensus rating of "Hold" and an average price target of $85.17.
Read Our Latest Research Report on Urban Outfitters
Institutional Trading of Urban Outfitters
Institutional investors and hedge funds have recently made changes to their positions in the business. IFP Advisors Inc purchased a new stake in shares of Urban Outfitters during the third quarter valued at $430,000. Cambria Investment Management L.P. lifted its holdings in Urban Outfitters by 15.3% during the 3rd quarter. Cambria Investment Management L.P. now owns 15,694 shares of the apparel retailer's stock valued at $1,121,000 after buying an additional 2,088 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in Urban Outfitters during the 3rd quarter valued at about $466,000. Danske Bank A S purchased a new stake in Urban Outfitters in the 3rd quarter valued at about $4,032,000. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its position in Urban Outfitters by 11.9% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 84,500 shares of the apparel retailer's stock valued at $6,036,000 after buying an additional 9,000 shares during the period. 77.61% of the stock is currently owned by institutional investors.
Urban Outfitters Company Profile
(
Get Free Report)
Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nuuly. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
