Key Points
- Margaret Hayne sold 9,333 shares on Dec. 15 at an average price of $83.18 (proceeds ~$776,319), part of nine nearly daily sales since Nov. 26 totaling about 84,000 shares; after the Dec. 15 sale she still owns 2,309,393 shares (~$192.1M), a 0.40% reduction in her stake.
- Urban Outfitters trades around $81.62 (near its 12‑month high of $83.94) with a market cap of $7.32B, a P/E of 15.34, and reported $1.28 EPS on $1.53B revenue last quarter; analysts carry a consensus Moderate Buy rating with a $86.50 target.
Urban Outfitters, Inc. (NASDAQ:URBN - Get Free Report) insider Margaret Hayne sold 9,333 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $83.18, for a total value of $776,318.94. Following the completion of the transaction, the insider owned 2,309,393 shares in the company, valued at approximately $192,095,309.74. This represents a 0.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Margaret Hayne also recently made the following trade(s):
- On Friday, December 12th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $82.66, for a total transaction of $771,465.78.
- 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 transaction 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 stock was 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 value of $736,840.35.
- On Monday, December 1st, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were 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 stock was 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 stock was sold at an average price of $75.32, for a total value of $702,961.56.
Urban Outfitters Trading Down 0.1%
Shares of URBN opened at $81.62 on Thursday. The company has a market capitalization of $7.32 billion, a price-to-earnings ratio of 15.34, a PEG ratio of 1.23 and a beta of 1.20. The stock has a 50 day moving average of $69.37 and a 200 day moving average of $71.42. Urban Outfitters, Inc. has a 12 month low of $41.89 and a 12 month high of $83.94.
Urban Outfitters (NASDAQ:URBN - Get Free Report) last announced its quarterly earnings data on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share for the quarter. The business had revenue of $1.53 billion during the quarter. Urban Outfitters had a return on equity of 18.33% and a net margin of 8.15%. As a group, equities research analysts predict that Urban Outfitters, Inc. will post 3.91 earnings per share for the current year.
Hedge Funds Weigh In On Urban Outfitters
A number of large investors have recently added to or reduced their stakes in URBN. Dimensional Fund Advisors LP boosted its position in Urban Outfitters by 4.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,675,936 shares of the apparel retailer's stock valued at $262,578,000 after buying an additional 142,909 shares during the period. American Century Companies Inc. boosted its holdings in Urban Outfitters by 23.1% during the 3rd quarter. American Century Companies Inc. now owns 2,879,092 shares of the apparel retailer's stock valued at $205,654,000 after acquiring an additional 540,877 shares during the period. Fisher Asset Management LLC grew its position in Urban Outfitters by 2.8% during the 3rd quarter. Fisher Asset Management LLC now owns 1,847,922 shares of the apparel retailer's stock worth $131,997,000 after acquiring an additional 50,837 shares during the last quarter. Junto Capital Management LP increased its stake in Urban Outfitters by 16.5% in the 1st quarter. Junto Capital Management LP now owns 1,728,447 shares of the apparel retailer's stock worth $90,571,000 after purchasing an additional 244,801 shares during the period. Finally, Geode Capital Management LLC lifted its position in Urban Outfitters by 0.9% in the second quarter. Geode Capital Management LLC now owns 1,525,150 shares of the apparel retailer's stock valued at $110,646,000 after purchasing an additional 12,965 shares during the last quarter. Hedge funds and other institutional investors own 77.61% of the company's stock.
Wall Street Analyst Weigh In
URBN has been the topic of a number of recent analyst reports. Zacks Research downgraded shares of Urban Outfitters from a "strong-buy" rating to a "hold" rating in a report on Thursday, November 6th. Bank of America upped their price target on shares of Urban Outfitters from $90.00 to $93.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Barclays boosted their price objective on Urban Outfitters from $89.00 to $98.00 and gave the stock an "overweight" rating in a report on Wednesday, November 26th. Citigroup lifted their target price on shares of Urban Outfitters from $76.00 to $80.00 and gave the company a "neutral" rating in a research report on Wednesday, November 26th. Finally, Robert W. Baird set a $93.00 price objective on shares of Urban Outfitters in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $86.50.
Check Out Our Latest Report on URBN
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.
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