Key Points
- Margaret Hayne sold 9,333 shares of Urban Outfitters on Jan. 5 at an average price of $76.57 for $714,627.81, a transaction disclosed in an SEC filing that left her with 2,188,064 shares (a 0.42% reduction).
- Hayne has executed a series of identical sales (multiple 9,333-share blocks) across December and early January, each worth roughly $700k–$780k, showing a consistent pattern of insider selling.
- For context, URBN opened at $79.56, has a market cap of about $7.13 billion and a P/E of 15.01, and carries an average analyst rating of Moderate Buy with a mean target price of $86.50.
Urban Outfitters, Inc. (NASDAQ:URBN - Get Free Report) insider Margaret Hayne sold 9,333 shares of the company's stock in a transaction on Monday, January 5th. The stock was sold at an average price of $76.57, for a total transaction of $714,627.81. Following the transaction, the insider owned 2,188,064 shares of the company's stock, valued at approximately $167,540,060.48. This represents a 0.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Margaret Hayne also recently made the following trade(s):
- On Friday, January 2nd, 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, December 31st, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $75.64, for a total transaction of $705,948.12.
- On Monday, December 29th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $76.28, for a total value of $711,921.24.
- On Friday, December 26th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $76.57, for a total value of $714,627.81.
- On Wednesday, December 24th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $77.68, for a total value of $724,987.44.
- On Monday, December 22nd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $80.38, for a total value of $750,186.54.
- On Friday, December 19th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $81.14, for a total value of $757,279.62.
- On Wednesday, December 17th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $82.53, for a total transaction of $770,252.49.
- On Monday, December 15th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $83.18, for a total transaction of $776,318.94.
- 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.
Urban Outfitters Stock Down 1.5%
Shares of NASDAQ:URBN opened at $79.56 on Thursday. The firm has a fifty day simple moving average of $72.43 and a two-hundred day simple moving average of $72.28. 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 $7.13 billion, a P/E ratio of 15.01, a PEG ratio of 1.22 and a beta of 1.23.
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 analysts recently weighed in on URBN shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Urban Outfitters in a report on Wednesday, November 26th. Weiss Ratings reissued a "buy (b)" rating on shares of Urban Outfitters in a research note on Monday, December 29th. UBS Group lifted their price target on shares of Urban Outfitters from $70.00 to $80.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 26th. Wells Fargo & Company upped their price target on shares of Urban Outfitters from $75.00 to $80.00 and gave the company an "equal weight" rating in a report on Wednesday, November 26th. Finally, The Goldman Sachs Group began coverage on shares of Urban Outfitters in a research note on Tuesday, December 9th. They issued a "neutral" rating and a $83.00 price objective for the company. One research 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 issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $86.50.
Get Our Latest Stock Analysis on URBN
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the stock. Jupiter Asset Management Ltd. boosted its position in Urban Outfitters by 900.1% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 969,999 shares of the apparel retailer's stock valued at $69,287,000 after buying an additional 873,008 shares during the period. Capital World Investors bought a new stake in shares of Urban Outfitters during the third quarter valued at approximately $60,795,000. Norges Bank purchased a new stake in shares of Urban Outfitters in the second quarter valued at approximately $55,429,000. Balyasny Asset Management L.P. grew its stake in Urban Outfitters by 5,360.2% in the third quarter. Balyasny Asset Management L.P. now owns 618,152 shares of the apparel retailer's stock worth $44,155,000 after purchasing an additional 606,831 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in Urban Outfitters by 23.1% in the third quarter. American Century Companies Inc. now owns 2,879,092 shares of the apparel retailer's stock worth $205,654,000 after purchasing an additional 540,877 shares in the last quarter. Hedge funds and other institutional investors own 77.61% of the company's stock.
Urban Outfitters Company Profile
(
Get Free Report)
Urban Outfitters, Inc is a global lifestyle retailer headquartered in Philadelphia, Pennsylvania. Established in 1970 by Richard Hayne, Scott Belair and Judy Wicks, the company began as a single store catering to college students in the city's historic Old City neighborhood. Over the decades, Urban Outfitters has expanded its reach and diversified its portfolio to include multiple retail concepts addressing distinct customer segments.
The company operates through several well-known brands, each offering a curated selection of apparel, footwear, accessories and home goods.
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].
