Key Points
- Margaret Hayne sold 9,333 shares on Feb. 10 at an average price of $71.13 for $663,856.29; after the trade she still owns 1,987,950 shares (about $141.4M), a 0.47% reduction in her stake.
- The Feb. 10 sale is part of a string of frequent dispositions in Jan–Feb where Hayne repeatedly sold blocks of roughly 9,333 shares (plus some smaller lots), signaling sustained insider selling activity.
- Urban Outfitters (URBN) opened at $68.26, trades in a one‑year range of $41.89–$84.35 with a $6.12B market cap, and carries an average analyst rating of "Hold" with a consensus price target of $86.67.
Urban Outfitters, Inc. (NASDAQ:URBN - Get Free Report) insider Margaret Hayne sold 9,333 shares of the firm's stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $71.13, for a total transaction of $663,856.29. Following the transaction, the insider owned 1,987,950 shares in the company, valued at approximately $141,402,883.50. This trade represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Margaret Hayne also recently made the following trade(s):
- On Wednesday, February 4th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $73.43, for a total transaction of $685,322.19.
- On Monday, February 2nd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $71.36, for a total transaction of $666,002.88.
- On Friday, January 30th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $70.34, for a total transaction of $656,483.22.
- On Thursday, January 29th, Margaret Hayne sold 8,750 shares of Urban Outfitters stock. The stock was sold at an average price of $70.03, for a total transaction of $612,762.50.
- On Wednesday, January 28th, Margaret Hayne sold 2,890 shares of Urban Outfitters stock. The shares were sold at an average price of $70.05, for a total value of $202,444.50.
- On Tuesday, January 27th, Margaret Hayne sold 1,814 shares of Urban Outfitters stock. The shares were sold at an average price of $70.00, for a total value of $126,980.00.
- On Thursday, January 22nd, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $71.17, for a total value of $664,229.61.
- On Tuesday, January 20th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The shares were sold at an average price of $70.46, for a total value of $657,603.18.
- On Friday, January 16th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $70.20, for a total value of $655,176.60.
- On Wednesday, January 14th, Margaret Hayne sold 9,333 shares of Urban Outfitters stock. The stock was sold at an average price of $71.38, for a total value of $666,189.54.
Urban Outfitters Stock Performance
Shares of URBN opened at $68.26 on Friday. Urban Outfitters, Inc. has a 1 year low of $41.89 and a 1 year high of $84.35. The stock has a market capitalization of $6.12 billion, a P/E ratio of 12.88, a P/E/G ratio of 0.98 and a beta of 1.24. The company's fifty day moving average is $74.89 and its two-hundred day moving average is $72.19.
Urban Outfitters (NASDAQ:URBN - Get Free Report) last issued its quarterly earnings results on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share (EPS) for the quarter. The business had revenue of $1.53 billion for the quarter. Urban Outfitters had a net margin of 8.15% and a return on equity of 18.33%. Sell-side analysts predict that Urban Outfitters, Inc. will post 3.91 EPS for the current year.
Hedge Funds Weigh In On Urban Outfitters
Several hedge funds have recently added to or reduced their stakes in URBN. Allianz Asset Management GmbH grew its holdings in Urban Outfitters by 316.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 187,660 shares of the apparel retailer's stock valued at $13,405,000 after buying an additional 142,600 shares during the period. Broad Peak Investment Advisers Pte Ltd purchased a new position in shares of Urban Outfitters during the 3rd quarter worth about $5,917,000. Oak Harvest Investment Services boosted its position in shares of Urban Outfitters by 203.1% in the third quarter. Oak Harvest Investment Services now owns 30,313 shares of the apparel retailer's stock worth $2,165,000 after acquiring an additional 20,313 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of Urban Outfitters by 17.4% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 279,763 shares of the apparel retailer's stock worth $19,983,000 after acquiring an additional 41,559 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in Urban Outfitters by 134.9% in the second quarter. Bank of Montreal Can now owns 20,709 shares of the apparel retailer's stock valued at $1,502,000 after purchasing an additional 11,894 shares during the period. 77.61% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on URBN shares. Weiss Ratings restated a "buy (b)" rating on shares of Urban Outfitters in a research note on Monday, December 29th. Robert W. Baird set a $93.00 target price on Urban Outfitters in a report on Wednesday, December 17th. Zacks Research lowered shares of Urban Outfitters from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 6th. Barclays increased their price target on shares of Urban Outfitters from $98.00 to $102.00 and gave the company an "overweight" rating in a report on Friday, January 16th. Finally, The Goldman Sachs Group assumed coverage on shares of Urban Outfitters in a report on Tuesday, December 9th. They set a "neutral" rating and a $83.00 price objective on the stock. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Urban Outfitters presently has an average rating of "Hold" and a consensus price target 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.
Further Reading
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