Key Points
- On January 16, insider Margaret Hayne sold 9,333 shares of Urban Outfitters at an average price of $70.20 for $655,176.60, leaving her with 2,104,067 shares (a 0.44% reduction) valued at about $147.7 million.
- Hayne conducted ten other identical 9,333-share sales between December 24 and January 14, bringing the series to 11 trades and totaling 102,663 shares sold over late December–mid January.
- Urban Outfitters (URBN) opened at $70.29, trades in a 52-week range of $41.89–$84.35 with a $6.3 billion market cap, and carries a consensus analyst rating of "Moderate Buy" with a $86.67 target price.
Urban Outfitters, Inc. (NASDAQ:URBN - Get Free Report) insider Margaret Hayne sold 9,333 shares of Urban Outfitters stock in a transaction on Friday, January 16th. The stock was sold at an average price of $70.20, for a total transaction of $655,176.60. Following the sale, the insider directly owned 2,104,067 shares in the company, valued at approximately $147,705,503.40. This trade represents a 0.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Margaret Hayne also recently made the following trade(s):
- On Wednesday, January 14th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $71.38, for a total transaction of $666,189.54.
- On Monday, January 12th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $74.35, for a total transaction of $693,908.55.
- On Friday, January 9th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $81.82, for a total transaction of $763,626.06.
- On Wednesday, January 7th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $79.71, for a total transaction of $743,933.43.
- On Monday, January 5th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $76.57, for a total transaction of $714,627.81.
- 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 value 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 value of $705,948.12.
- On Monday, December 29th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were 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.
Urban Outfitters Stock Up 1.2%
Shares of URBN opened at $70.29 on Wednesday. Urban Outfitters, Inc. has a 52-week low of $41.89 and a 52-week high of $84.35. The company has a market capitalization of $6.30 billion, a PE ratio of 13.26, a price-to-earnings-growth ratio of 1.05 and a beta of 1.23. The stock has a fifty day simple moving average of $74.19 and a two-hundred day simple moving average of $72.41.
Urban Outfitters (NASDAQ:URBN - Get Free Report) last announced its quarterly 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, equities analysts anticipate that Urban Outfitters, Inc. will post 3.91 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Urban Outfitters
A number of hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its position in Urban Outfitters by 4.0% in the 3rd 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. raised its stake in shares of 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 valued at $205,654,000 after acquiring an additional 540,877 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of Urban Outfitters by 2.8% in the third quarter. Fisher Asset Management LLC now owns 1,847,922 shares of the apparel retailer's stock valued at $131,997,000 after acquiring an additional 50,837 shares in the last quarter. Geode Capital Management LLC boosted its holdings 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 period. Finally, Qube Research & Technologies Ltd grew its stake in Urban Outfitters by 59.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,287,096 shares of the apparel retailer's stock worth $93,366,000 after purchasing an additional 477,909 shares in the last quarter. 77.61% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. Zacks Research downgraded Urban Outfitters from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 6th. Wells Fargo & Company raised their price objective on Urban Outfitters from $75.00 to $80.00 and gave the stock an "equal weight" rating in a research report on Wednesday, November 26th. UBS Group restated a "neutral" rating on shares of Urban Outfitters in a report on Tuesday, January 13th. Wall Street Zen raised shares of Urban Outfitters from a "hold" rating to a "buy" rating in a research report on Tuesday, January 6th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Urban Outfitters in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $86.67.
View Our Latest Analysis on Urban Outfitters
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.
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