Key Points
- Insider sale: Margaret Hayne sold 9,333 shares of Urban Outfitters on Jan. 7 at an average price of $79.71 for $743,933, and conducted a series of identical sales between Dec. 15 and Jan. 7 totaling 93,330 shares, reducing her stake by about 0.43% to 2,169,398 shares (≈$172.9M).
- Company and analyst context: URBN shares were trading around $81.56 with a 52-week range of $41.89–$84.35, a market cap of $7.31B and a P/E of 15.39; analysts have a consensus rating of Moderate Buy and a $86.50 consensus price target.
Urban Outfitters, Inc. (NASDAQ:URBN - Get Free Report) insider Margaret Hayne sold 9,333 shares of Urban Outfitters stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $79.71, for a total transaction of $743,933.43. Following the transaction, the insider owned 2,169,398 shares in the company, valued at approximately $172,922,714.58. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Margaret Hayne also recently made the following trade(s):
- On Monday, January 5th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $76.57, for a total value of $714,627.81.
- On Friday, January 2nd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $74.94, for a total value of $699,415.02.
- On Wednesday, December 31st, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $75.64, for a total value 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 transaction of $711,921.24.
- On Friday, December 26th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $76.57, for a total transaction of $714,627.81.
- On Wednesday, December 24th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was 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 shares were 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 stock was sold at an average price of $82.53, for a total value of $770,252.49.
- On Monday, December 15th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $83.18, for a total value of $776,318.94.
Urban Outfitters Stock Performance
Shares of URBN opened at $81.56 on Friday. Urban Outfitters, Inc. has a fifty-two week low of $41.89 and a fifty-two week high of $84.35. The company's fifty day moving average is $73.08 and its 200 day moving average is $72.45. The stock has a market capitalization of $7.31 billion, a PE ratio of 15.39, a P/E/G ratio of 1.23 and a beta of 1.23.
Urban Outfitters (NASDAQ:URBN - Get Free Report) last posted its earnings results on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share for the quarter. Urban Outfitters had a net margin of 8.15% and a return on equity of 18.33%. The firm had revenue of $1.53 billion for the quarter. As a group, research analysts forecast that Urban Outfitters, Inc. will post 3.91 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms have weighed in on URBN. Robert W. Baird set a $93.00 price objective on shares of Urban Outfitters in a research report on Wednesday, December 17th. Weiss Ratings reiterated a "buy (b)" rating on shares of Urban Outfitters in a report on Monday, December 29th. Citigroup increased their target price on Urban Outfitters from $76.00 to $80.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 26th. Telsey Advisory Group upgraded shares of Urban Outfitters from a "market perform" rating to an "outperform" rating and lifted their price objective for the company from $85.00 to $98.00 in a report on Wednesday, December 17th. Finally, UBS Group boosted their price target on Urban Outfitters from $70.00 to $80.00 and gave the company a "neutral" rating in a report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $86.50.
Get Our Latest Analysis on URBN
Institutional Investors Weigh In On Urban Outfitters
A number of hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC purchased a new position in Urban Outfitters in the third quarter valued at about $25,000. Hollencrest Capital Management bought a new stake in shares of Urban Outfitters in the 2nd quarter valued at about $26,000. Global Retirement Partners LLC grew its position in shares of Urban Outfitters by 158.4% in the 3rd quarter. Global Retirement Partners LLC now owns 460 shares of the apparel retailer's stock worth $33,000 after buying an additional 282 shares during the last quarter. Cullen Frost Bankers Inc. raised its stake in shares of Urban Outfitters by 180.2% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 468 shares of the apparel retailer's stock worth $34,000 after acquiring an additional 301 shares in the last quarter. Finally, Kilter Group LLC purchased a new stake in Urban Outfitters during the second quarter valued at approximately $36,000. 77.61% of the stock is currently owned by hedge funds and other institutional investors.
About Urban Outfitters
(
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.
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